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Infosys Shares Plummet to 6-Year Low, Market Cap Dips Below ₹5 Lakh Crore: What's Driving the Decline?
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Infosys Shares Hit 6-Year Low, Market Cap Dips Below ₹5 Lakh Crore
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CNBC Awaaz
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17-03-2026, 14:08
Infosys Shares Hit 6-Year Low, Market Cap Dips Below ₹5 Lakh Crore
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Infosys shares plunged to a six-year low, with its market capitalization falling below ₹5 lakh crore.
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The stock dropped about 3% to ₹1,215.15 on BSE, marking its lowest level since December 2020.
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Uncertainty surrounding AI and apprehension of slowing demand are cited as major reasons for the decline.
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Since early 2026, Infosys shares have fallen by approximately 25%, significantly more than the Nifty 50's 11.4% drop.
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Despite the current caution, Infosys maintains a growth guidance of 3-3.5% for FY26, with a strong deal pipeline.
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