TCS, Infosys to HCL Tech: It Stocks Fall after Accounture Results, Escalation in Israel-Airan War

It stocks: Shares of It Companies like Tata Consultancy Services (TCS), Infosys, HCL Tech and Wipro Fell as much as much as 3 per cent on monday folling accounture ‘Financial Results.

Infosys Fell over 2.43 per cent, become the biggest laggard on nifty it index. Meanwhile, TCS, Wipro and HCL Tech Slipped Below 2 per cent on June 23.

On the other hand, Accenture Share Price Dropped Over 7 per cent on Nyse, Hitting Intraday Low of $ 273.19 Apiece, Falling Over 11 per cent on Friday, June 20. Six months. In terms of year-to-date (ytd), the share has slipped over 18 per cent.

Accenture Q3 Results 2025

Accenture Posted an 8 per cent year-on-year Revenue Increase, Reaching $ 17.7 Billion for the March-My 2025 Quarter, Surpassing Wall Street Expectations of $ 17.30 billion.

The growth was fuled by rising demand for the company’s AI-Powered Services Among Enterprise Clients. The company noted that its Quarterly Results Included A Favorable Foreign Exchange Impact of Around 0.5 per per cent.

Accenture Posted Earnings Per Share of $ 3.49, Surpassing The Projected $ 3.32. The company was reported a gross margin of 32.9 per cent for the Quarter, Slightly down from 33.4 per cent in the same period last year.

The Ireland-based firm revised the lower end of its full-yar local currency Revenue Growth Forecast to 6-7 per cent, up from the previous 5-7 per cent range. For the fourth Quarter of FY25, It Anticipates Revenues Between $ 17 Billion and $ 17.6 Billion.

At the end of Q3, Accenture Held a Total Cash Balance of $ 9.6 Billion.

The It Major Posted A Decline In Quarterly New Bookings for the second CONSECUVE TIME, which outweighed its revised and raised annual guidance, annual guidance, leading to a dry 6% in its Stock.

Bookings – Referring to Future Revenue from Secure Contracts – Dropped by 6 per cent to $ 19.70 billion in the third Quarter, A Steper Fall Compared to the 3 Per CENT DECREASE

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