Infosys share price jumps over 5% after Q3 results. Should you buy?

Infosys share price jumped over 5% in early trade on Friday after the IT services major reported its Q3 results. Infosys shares rallied as much as 5.20% to ₹1,682.25 apiece on the BSE.

The gains in Infosys shares came after the second largest IT services exporter in India, reported a steady quarter amid a cautious demand environment, supported by strong deal activity. The company also raised its revenue growth guidance, reflecting confidence in the demand environment.