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Infosys hits 52-week low, slips 14% in one month amid growth worries

The stock was tracking losses in global markets, as the US Fed raised interest rates an another 75 bps on Wednesday.


SI Reporter Mumbai
Shares of Infosys hit a 52-week low at Rs 1,360.15, down 1 per cent on the National Stock Exchange (NSE) in Thursday’s intra-day trade. The stock has dropped 14 per cent so far in the last one month amid growth concerns. In comparison, the S&P BSE Sensex was down less than one per cent during the same period.

The stock of information technology (IT) major fgell below its previous 52-week low of Rs 1,367.20 touched on June 17, 2022. The stock now quotes at its lowest level since May 2021.

On Wednesday, the US markets ended lower, dragged

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First Published: Sep 22 2022 | 10:00 AM IST

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