Infosys Ltd co-founder NR Narayana Murthy’s family property faces loss India’s second-largest IT services company suffered a loss of Rs 1,850 crore as its share price fell nearly 6 per cent on Friday.
due to recession infosys Share price, Murthy family’s stake is worth approx below Rs 30,300 crore A day earlier it was Rs 32,152 crore.
Murthy family’s stake
The Murthy family jointly holds 4.02 percent stake. infosys,
Narayana Murthy holds 0.40 per cent stake in Infosys, his wife Sudha Murthy holds 0.92 per cent, son Rohan Murthy holds 1.62 per cent and daughter Akshata Murthy (wife of former British Prime Minister Rishi Sunak) holds 1.04 per cent.
Murthy’s grandson, Ekagra Rohan Murthy, holds 0.04 per cent stake in the IT giant.
Despite reporting profit in the third quarter of FY 2025, Infosys shares declined due to selling pressure in the market.
The stock closed down 5.77 percent 1,815.10 on BSE. It reached a low during intra-day 1,812.70.
The stock fell 5.75 percent on NSE. 1,817.50.
Infosys shares played an important role in pulling the market down.
Market valuation of IT services company reduced Rs 46,108.13 crore to Rs 7,53,678.38 crore due to fall in its share price.
The 30-share benchmark Sensex closed at 76,619.33, down 423.49 points or 0.55 per cent. NSE Nifty fell 108.60 points or 0.47 per cent to 23,203.20.
The BSE IT index closed 2.48 per cent lower at 41,746.66.
Infosys Q3 results
On Thursday, Infosys reported 11.46 per cent rise in its third quarter net profit due to higher demand.
The company has also raised its annual sales forecast for the third time this fiscal year.
Its net profit increased From Rs 6,806 crore in October-December A year ago it was Rs 6,106 crore.
Revenue jumped 7.6 percent 41,764 crores. For revenue for the full financial year, it raised the growth estimate to 4.5-5 per cent from the earlier 3.75-4.5 per cent.
“What we are seeing is a clear uptick in discretionary activity across financial services, retail and consumer products, which gives us good confidence,” Chief Executive Officer Salil Parekh said.
Banking, financial services and insurance (BFSI), which accounts for about a third of Infosys’ revenue, reported 6.1 per cent revenue growth in the quarter, helped by a pick-up in demand in the US.
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