Infosys, Wipro ADRs fall over 2% despite Accenture’s upbeat FY25 revenue, EPS
By
Binu Mathew
American Depository Receipts (ADRs) of Infosys fell over 2% in early US trade to a low of $16.66 while Wipro ADRs slipped 1.3% to $2.68, after Accenture reported its fourth-quarter earnings earlier today. Accenture’s results, often seen as a harbinger for the broader IT sector, beat the company’s own estimates on revenue, adjusted EPS, and free cash flow, offering cues for domestic IT players.
