Infosys shares tumble 10 pc after cut in full-year revenue guidance; mcap falls by Rs 43,776 cr

NEW DELHI: Shares of Infosys tanked nearly 10 per cent on Friday morning after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and slashed its FY24 growth outlook.

The stock tumbled 9.47 per cent to Rs 1,311.60 on the BSE.

At the NSE, shares of the company cracked 9.96 per cent to Rs 1,305 apiece.