Infosys shares fall over 9 pc; mcap declines by Rs 59,349 cr post earnings announcement

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 a lower-than-expected growth in the fourth quarter net profit and gave a weak 4-7 per cent revenue growth guidance for FY24.

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