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Infosys Shares Today: Infosys Ltd. saw its shares rise as much as 3 per cent on Thursday, after the company confirmed that its promoters, including Nandan Nilekani and Sudha Murty, will not take part in the firm’s largest-ever share buyback valued at Rs 18,000 crore.

By stepping aside, the promoters signal strong confidence in the company’s future prospects. Analysts also note that this could benefit retail investors, as the entitlement ratio is expected to improve when the buyback opens. Infosys plans to repurchase 10 crore shares at Rs 1,800 each, which is 22 per cent above Wednesday’s closing price of Rs 1,471.

The company clarified in its filing to the exchanges that promoter-held shares will not be included while calculating entitlement ratios. Promoters held a 14.3 per cent stake at the end of the September quarter.

The announcement comes after Infosys reported better-than-expected results for Q2FY26, although the company only raised the lower end of its revenue growth guidance to 2–3 per cent, leading some analysts to project a cautious outlook for the second half of the year.

Infosys reported a 13 per cent year-on-year (YoY) increase in consolidated net profit at Rs 7,364 crore for the July–September quarter (Q2 FY26), compared with Rs 6,506 crore in the same period last year. On a quarter-on-quarter (QoQ) basis, profit rose nearly 5 per cent from Rs 6,921 crore.

Revenue stood at Rs 44,490 crore, up 8.6 per cent YoY from Rs 40,986 crore. In constant currency terms, the company delivered 2.2 per cent QoQ growth, supported by large deal wins worth US$3.1 billion.

Infosys raised the lower end of its FY26 revenue growth guidance by 100 basis points to 2–3 per cent YoY in constant currency, showing confidence despite a muted global tech spending environment.

Despite the stock being down 22 per cent so far in 2025, the buyback news, coupled with promoter confidence, gave early trading momentum to Infosys shares on Thursday.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff