Infosys shares tank 15%, hit 52-week low on weak Q4 earnings. Should you buy or sell?

Infosys shares on Monday hit a 52-week low of Rs 1,185.30 on the NSE as the shares of India’s second-largest IT company tanked 15% on below par Q4 earnings. The Bengaluru-based company missed Street estimates and reported an 8% year-on-year (YoY) growth in its net profit at Rs 6,128 crore, while revenue from operations jumped 16% to Rs 37,441 crore. Both revenue and profit figures were below the analysts’ estimates. (Read full earnings here)

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