Infosys Share Price Drops on July 11 Amid Weak IT Sector Sentiment

Infosys shares came under pressure on Friday, trading as one of the top losers on the Nifty 50 index. The decline followed weak quarterly results from Tata Consultancy Services (TCS), India's largest IT services company, which weighed on broader sentiment within the IT sector.

At 9:30 AM, the Nifty IT index stood at 37,902.65, down 1.2%, dragged by heavyweights like TCS, Wipro, Infosys, and LTIMindtree. By 11:05 AM, the Nifty IT had declined further to 37,767.25, reflecting a sharper 1.59% drop. While large-cap IT players faced the brunt of the selloff, midcap peers managed to outperform slightly, indicating investor preference for more agile players in the current environment.

TCS Results Impact Sector Sentiment

TCS’s posted Q1 FY26 results and reported a 6% year-on-year rise in net profit to ₹12,760 crore, with a modest 1.3% growth in revenue from operations to ₹63,437 crore. On a sequential basis, profit rose by 4.4%. Despite the profit increase, the slow topline growth raised concerns about muted demand in global IT services, affecting peer stocks such as Infosys.

Also Read: TCS Q1 FY26 Results: Revenue and Net Profit Recorded Growth, Declared ₹11 Interim Dividend!

Supports Rural Maternal and Child Healthcare

Infosys Foundation, the CSR arm of Infosys, has partnered with the Prashanthi Balamandira Trust to strengthen healthcare access for underprivileged women and children in rural Karnataka. The Foundation has pledged a grant of over ₹48 crore to support the Sri Sathya Sai Sarla Memorial Hospital, part of the Sri Madhusudan Sai Institute of Medical Sciences and Research (SMSIMSR).

This grant will fund advanced medical equipment for maternity and pediatric care, including NICU, PICU, ICU, radiology, and surgical facilities, along with operational expenses. The initiative aims to provide free, high-quality medical care to over 8,000 individuals annually and significantly reduce maternal and infant mortality in the region.

Infosys Share Price Performance

On July 11, 2025, Infosys share price (NSE: INFY) opened at ₹1,579.10, down from its previous close of ₹1,615.80. At 11:03 AM, the share price of INFY was trading at ₹1,591.50, down by 1.50% on the NSE. Notably, the stock price hit its 52-week low at ₹1,307.00 on April 7, 2025.

Conclusion

Infosys’ share performance mirrors the overall sentiment in the IT sector following TCS’s subdued revenue growth. As the earnings season progresses, investors will closely monitor guidance from major IT firms to gauge demand recovery and margin stability.

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