Infosys ADR Plunges 10% In NYSE Trade As Q4 Results Disappoint Investors

The American Depository Receipt (ADR) of Infosys took a severe beating in Thursday's trade, tumbling nearly 10 per cent, as the IT major reported a weak set of quarterly results.

Infosys ADR plunged 9.58 per cent to hit a low of $15.43 on NYSE. Wipro ADR was also hit hard, falling 3.67 per cent to $22.08. The board of this IT firm will meet over April 26-27, 2023 to consider and approve March quarter results.
#tcs #infosys #adr #businessnews

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