Infosys ADR price decline suggests the likelihood that Infosys shares will open on weak note when the Indian stock market opens for trading on January 17.

Infosys shares fell nearly 5% after its Q3 results showed an 11% YoY net profit growth, reaching Rs 6,806 crore, and revenue increasing 8% YoY to Rs 41,764 crore. Despite revising its revenue guidance upwards,

The Infosys stock plunged 4.96 per cent to hit a low of Rs 1,830.50 on BSE. The stock is up 11 per cent in the past one year.