Infosys (INFY) Ends 5% Lower After 52-Week High

We recently published 10 Stocks Struggling to Shine Ahead of Christmas. Infosys Limited (NYSE:INFY) is one of the worst performers on Monday.

Infosys snapped a three-day winning streak on Monday, shedding 5.24 percent to finish at $19.16 as investors resorted to profit-taking after hitting a new 52-week high in the previous trading day.

On Friday, the stock surged to its highest price of $30 but trimmed gains to close the session at $20.22 apiece. Monday’s drop can also be attributed to the lack of fresh catalysts to further support buying appetite.

Infosys Limited (NYSE:INFY) is one of the leading digital services and consulting companies globally.

In the second quarter of fiscal year ending September 2025, Infosys Limited (NYSE:INFY) grew its net income by 8 percent to $839 million from $777 million in the same period last year.

Revenues were also higher by 3.7 percent to $5.076 billion from $4.894 billion year-on-year.

Earnings per share were at $0.20, higher by 7.9 percent than the $0.19 in the same period a year earlier.

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Disclosure: None. This article is originally published at Insider Monkey.