Infosys Q3 Results: Stock Jumps 5% As Guidance Raised, Brokers Go Bullish | Buy The Rally Or Wait?

Infosys shares are in sharp focus after the IT major reported its Q3 results and raised its revenue growth guidance, triggering a nearly 5% rally in the stock. The move comes after Infosys ADRs jumped over 7% in overseas trade, setting the tone for strong buying back home. While net profit slipped 9.6% quarter-on-quarter due to a one-time wage and labour code impact, revenue growth remained steady and margins stayed within guidance. Brokerages have turned positive, citing improving demand visibility, strong deal momentum, and resilience in Europe and the BFSI segment. With heavy volumes indicating strong investor interest, experts see Infosys as an outperformer among IT peers, recommending a buy-on-dips strategy with short- and medium-term upside potential.