Infosys Falls After FY19 Margin View Lower Than Year Ago — Shares of the country’s second-largest software services company declined as much as 6.2 percent, most intraday since Aug. 18, after the IT firm said it expects its operating margin in 22 to 24 percent range this year, lower than previous year’s 23 to 25 percent view.
The stock snaps a four-day advance and was the worst performer on both the Sensex and the Nifty indices. Its volume was volume was 80 percent of its three-month full-day average.
