Infosys Shares Soar 6% on Strong Q3 Results, Raised Guidance

• Infosys shares surged 6% after Q3 results and a guidance raise, with ADRs up nearly 10% on Wall Street.
• The company raised its FY26 constant currency revenue growth guidance to 3-3.5% from 2-3%.
• Deal wins remained strong at $4.8 billion in Q3, including a large contract from NHS UK, and headcount reached an 11-quarter high.
• Net profit declined 9.7% year-on-year to ₹6,654 crore, impacted by a one-time Labour Code charge of ₹1,289 crore.
• Brokerages like HSBC, CLSA, Jefferies, and Nuvama maintained 'Buy' or 'Outperform' ratings, citing improved demand and deal wins.

Why It Matters: Infosys stock rallied on strong Q3 performance, increased revenue guidance, and robust deal wins.