Infosys ADR down 6% on NYSE after IT major reports Q3FY25 results

Infosys ADR: American Depository Receipt (ADR) shares of India’s second-largest software services provider witnessed a sharp decline on the New York Stock Exchange (NYSE) after declaring its October-December quarter results for fiscal 2024-25 (Q3FY25). Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major hiked its FY25 revenue growth guidance for the third straight quarter to 4.5-5 per cent today.