Infosys Shares Set to Jump After ADR Surges 10% on Upgraded Guidance

• Infosys revised its FY26 constant-currency revenue growth guidance upward to 3–3.5 per cent from 2–3 per cent, signaling improving demand.
• Infosys American Depositary Receipts (ADRs) surged 10 per cent overnight, indicating strong buying interest when Indian markets reopen.
• Brokerages like Jefferies, Nomura, Centrum, and Emkay maintained 'Buy' ratings, citing positive guidance, strong deal pipeline, and AI-led growth.
• Infosys reported a 2 per cent YoY decline in Q3 net profit but revenue rose 9 per cent; FY26 margin guidance maintained at 20–22 per cent.
• Antique maintained a 'Hold' rating, noting cautious discretionary spending but acknowledging market-share gains and normalized valuations.

Why It Matters: Infosys shares are expected to rise significantly due to an upgraded revenue guidance and strong brokerage confidence.