{"id":868277,"date":"2024-10-19T11:58:58","date_gmt":"2024-10-19T06:28:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868277"},"modified":"2024-10-19T12:13:22","modified_gmt":"2024-10-19T06:43:22","slug":"infosys-share-price-dips-5-as-q2-numbers-miss-expectations-guidance-disappoints","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/19\/infosys-share-price-dips-5-as-q2-numbers-miss-expectations-guidance-disappoints\/","title":{"rendered":"Infosys share price dips 5% as Q2 numbers miss expectations, guidance disappoints"},"content":{"rendered":"<p>Shares of Infosys, the country&#8217;s second-largest IT company, tumbled 5% in trade on Friday, October 18 to \u20b91,869 after investors were disappointed with the lower-than-expected Q2 FY25 results and revenue guidance given by the IT bellwether.<\/p>\n<p>The company raised its revenue growth guidance for FY25 to 3.74%-4.5%, up from 3%-4% previously, but analysts noted this was below expectations. According to domestic brokerage Motilal Oswal, while there was broad-based revenue growth this quarter, Infosys\u2019 commentary and guidance tempered hopes of a significant rebound in discretionary spending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Infosys, the country&#8217;s second-largest IT company, tumbled 5% in trade on Friday, October 18 to \u20b91,869 after investors were disappointed with the lower-than-expected Q2 FY25 results and revenue guidance given by the IT bellwether. The company raised its revenue growth guidance for FY25 to 3.74%-4.5%, up from 3%-4% previously, but analysts noted this was below expectations. According to domestic brokerage Motilal Oswal, while there was broad-based revenue growth this quarter, Infosys\u2019 commentary and guidance tempered hopes of a significant rebound in discretionary spending.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-868277","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=868277"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868277\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}