Infosys Stock Update: Share Price Slips 1% on Sector Weakness
Infosys (INFY) share price trades at ₹1,045.60, down 1.04% in early trade, impacted by broader Indian IT sector concerns and despite recent AI collaborations.
Infosys (NSE: INFY) is witnessing downward pressure in early Thursday trade, with its stock currently trading at ₹1,045.60. This marks a decline of 1.04% from its previous close of ₹1,056.60. The IT major opened the session higher at ₹1,065.00 but soon encountered selling pressure, hitting an intraday high of ₹1,068.00 before retreating to a session low of ₹1,044.10. The active trading volume for the stock stands at 2,135,930 shares as markets continue to react to recent corporate developments and broader sector sentiment.
| INFY – Stock Updates as of (9:37AM, 25 Jun 2026) | |||
|
LTP
₹1,045.60 |
Open
₹1,065.00 |
High
₹1,068.00 |
Low
₹1,044.10 |
|
52W High
₹0.00 |
52W Low
₹0.00 |
Volume
2,135,930 |
% Chg
-1.04% |
Infosys Tests Intraday Lows Amid IT Sector Pressure
Specific 52-week high and low data for Infosys is not available for this update. However, today's move sees the stock testing new intraday lows for the session, trading below its opening and previous closing price. This indicates a challenging environment, especially given the broader headwinds impacting the IT services space.
Global IT Spending Concerns Weigh on Infosys Shares
The current decline in Infosys shares appears to be influenced by a combination of factors, including continued concerns around the global IT spending environment and recent analyst sentiments, despite the company's proactive strides in AI and strategic collaborations. Just yesterday, Infosys held its 45th Annual General Meeting (AGM), where shareholders approved the reclassification of certain members of the promoter group. While the AGM addressed corporate governance matters, it did not provide an immediate upward catalyst for the stock.
The company has been active on the collaboration front, recently announcing an expanded multi-year partnership with GlobalFoundries on June 23, 2026, to deliver AI-led managed services. This was followed by a strategic collaboration with Sentara on June 24, 2026, to build an AI-first foundation in healthcare operations. Infosys also joined ANA's Global CMO Growth Council and LIONS to unveil the CMO AI Hub yesterday. These initiatives underscore Infosys's robust focus on artificial intelligence, a key area for future growth, with the company reporting $1 billion in annual AI services revenue and supporting AI projects at 90% of its top 200 clients.
However, the broader Indian IT sector has been grappling with a global slowdown and concerns about AI-driven price deflation and service compression impacting revenue and margins. Recent analyst ratings reflect a cautious outlook for the sector. For instance, JP Morgan maintained an "overweight" rating on Infosys on June 24, 2026, with a price target of $12.70 (NYSE:INFY), while other analysts' consensus for NSE:INFY shows varying targets, with an average around ₹1468.54. The company expects accelerated growth in its financial services and energy verticals in fiscal year 2027.
Investors Watch Infosys Support Levels Closely
Investors will be closely watching for any signs of recovery in the broader IT sector and further commentary from Infosys regarding demand trends and project pipelines in the latter half of the trading session. The stock's ability to hold above its intraday low of ₹1,044.10 will be a key indicator for near-term stability.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Jun 25, 2026 09:38 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
