Infosys Share Price Jumps Over 5% After Q3 Results; Stock Market Today Turns Positive on IT Momentum

Market Performance: Infosys Leads Early Trade Gains

The stock market today opened on a firm note, and Infosys share price quickly moved into the spotlight.

Infosys shares surged more than 5% in early trade, reflecting strong investor interest after the company announced its Q3 FY26 results. The stock climbed 5.14% to an intraday high of Rs 1,682.1, marking a sharp turnaround from the previous session’s close of Rs 1,608.9 on the NSE.

This sharp move stood out in an otherwise mixed market, with Infosys emerging as one of the key gainers during the morning session.

The rally followed strong buying momentum seen overnight in its US-listed ADRs, which set the tone for domestic market sentiment.

Main News: Investors Look Past Profit Dip, Focus on Business Strength

At first glance, the quarterly numbers had a weak spot.

Infosys reported a 2.2% year-on-year decline in consolidated net profit for the December quarter. The decline was mainly caused by a one-time expense related to labour code adjustments, which weighed on the quarterly profit.

But the market reaction made one thing clear—investors were not worried about the short-term hit.

Instead, the focus shifted to operational stability and visible growth drivers. The company delivered steady constant-currency revenue growth, held on to adjusted margin resilience, and continued to add strong deal wins.

That broader picture helped rebuild confidence around Infosys’ near-to-medium-term business outlook.

Revenue and Growth Visibility: Guidance Revision Lifts Sentiment

A key trigger behind the rally was Infosys’ decision to raise its FY26 revenue growth guidance.

The company has revised its revenue outlook upward, and now expects growth to fall between 3% and 3.5% in constant currency terms.

This upward revision signalled improving demand conditions and stronger execution capabilities.

Importantly, Infosys also maintained its operating margin outlook, reinforcing confidence that profitability discipline remains intact despite cost pressures.

Deal Pipeline: Large Wins Strengthen Revenue Outlook

Another strong positive came from deal momentum.

Infosys announced large deal wins worth $4.8 billion during the quarter. This included:

• Two mega deals
• Strong enterprise traction across key markets

These deal wins provide clear revenue visibility for coming quarters and act as a cushion against near-term volatility in global IT spending.

For investors tracking Infosys share price, the size and quality of these contracts mattered more than the one-time profit impact.

Global Cues: ADR Rally Boosts Domestic Confidence

Sentiment around the stock was also supported by overseas market action.

Infosys’ American Depository Receipts (ADRs) jumped around 8% over two US trading sessions following the earnings announcement.

This offshore rally played a crucial role in shaping early domestic buying interest, signalling confidence from global investors and reinforcing the positive tone in the Indian stock market today.

Long-Term Context: Stock Still Below Last Year’s Levels

Despite Friday’s strong rebound, the bigger picture remains relevant.

• Infosys shares are still down about 13% over the past one year
• During the same period, the Nifty 50 has gained over 10%

This relative underperformance has kept Infosys under close watch, with each earnings update becoming a key moment for reassessment.

Friday’s move suggests that investors may be re-engaging with the stock after months of muted performance.

Company Details: Key Quarterly Takeaways at a Glance

Here’s a snapshot of the data points that influenced market sentiment:

• Share price rise: Over 5%
• Intraday high: Rs 1,682.1
• Previous close: Rs 1,608.9
• Net profit change: Down 2.2% YoY
• FY26 revenue growth guidance: 3%–3.5% (constant currency)
• Large deal wins: $4.8 billion
• ADR movement: Around 8% rise over two sessions

Summary: What Drove the Infosys Share Price Rally?

The jump in Infosys share price was not about one number—it was about the story behind the numbers.

Investors chose to look beyond a temporary profit dip and focus on improving revenue visibility, steady margins, and strong deal momentum. The guidance upgrade and global market response added further confidence.

In the context of the stock market today, Infosys delivered a reminder of how quickly sentiment can shift when execution and visibility align.

For now, the IT major has firmly re-entered market conversations, backed by data—not noise.

Source: Moneycontrol