Business

Infosys’ Shocking Q2: Big Gains in Profit But Troubling Forecast Leaves Investors Worried

Infosys has recently revealed its Q2 FY24 results, surprising investors with mixed outcomes. The company has posted a notable rise in profit, but at the same time, revised its revenue guidance, triggering a sharp selloff of its ADRs on the New York Stock Exchange (NYSE). Profit Growth in Q2 FY24 Despite market challenges, Infosys demonstrated strong growth in net profits. The IT giant…
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