
Infosys shares fall over 9%; mcap declines by Rs 59349 cr post-Q4 earning report
[ad_1] New Delhi: Shares of Infosys on Monday tanked more than 9 per cent, wiping out Rs 59,349.66 crore from its market valuation after the company reported lower-than-expected growth in the fourth quarter net profit and gave a weak 4-7 per cent revenue growth guidance for FY24. The stock tumbled 9.40 per cent to settle at Rs 1,258.10…