Infosys share price slips 4.5% despite raising FY25 guidance; here’s why

Infosys Q2 results impact: Share of information technology (IT) giant Infosys slipped up to 4.50 per cent to hit an intraday low of Rs 1,880.80 per share on Friday, October 18. 2024. The fall in the share price came after the management revised its revenue guidance for FY25 to 3.75 per cent-4.5 per cent (vs 3-4 per cent earlier), indicating a muted quarter-on-quarter growth for the second half of the year.