Infosys American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipros ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
Mamaearth Q3 Results: Honasa Consumer posted a strong Q3, with net profit surging 93% YoY to Rs 50 crore. Sequential growth remained healthy, while like-for-like revenue hit a record high. Younger brands scaled rapidly, offline reach expanded, and product innovation continued to drive momentum for the company in the period under review.
