Infosys ADR drops over 4% on NYSE after IT major’s net profit tanks amid global uncertainty on Trump tariffs

Infosys ADR Shares: India’s second-largest IT firm, Infosys Ltd’s American Depository Receipt (ADR) shares dropped more than 4 per cent to $15.68 on the New York Stock Exchange (NYSE) after Wall Street opened on Thursday, April 17.

The Infosys ADR shares were down over 4 per cent at the US market open to $15.68 apiece, compared to $16.58 at the previous stock market close. The company announced a fall in net profit in its fourth quarter results after the stock markets closed in India.