Infosys shares slide over 2%; Hyderabad campus expansion fails to lift sentiment

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The stock opened at ₹1,191.90, touched an intraday high of ₹1,194.50, and slid to a low of ₹1,153.00 by early afternoon, with sell orders accounting for roughly 68 per cent of total traded quantity.

By BL Mumbai Bureau

Updated - November 02, 2026 at 01:29 PM.

Shares of Infosys fell 2.60 per cent to ₹1,154.20 on the National Stock Exchange on Monday, November 2. The Bengaluru-based IT giant announced the expansion of its Pocharam Development Center in Hyderabad, Telangana.

The stock opened at ₹1,191.90, touched an intraday high of ₹1,194.50, and slid to a low of ₹1,153.00 by early afternoon, with sell orders accounting for roughly 68 per cent of total traded quantity. Traded volume stood at 90.90 lakh shares, with a traded value of ₹1,065.94 crore. The company’s total market capitalisation was ₹4,68,325.12 crore.

The broader weakness in the counter is reflected in its year-to-date decline of 29.17 per cent, against the Nifty 50’s 11.16 per cent fall over the same period. The stock is also down 22.12 per cent over the past year, having hit a 52-week high of ₹1,728.00 on February 3, 2026. Its symbol P/E stands at 15.62.

On the corporate front, Infosys on Thursday, October 30, inaugurated a new 1.1 million sq. ft. Software Development Block at its Pocharam campus, which spreads across 450 acres and already houses seven development blocks with approximately 4.58 million sq. ft. of built-up area. The new block adds 10,000 seats, allowing the company to target an additional workforce of over 13,000 employees under a hybrid model.

The inauguration was attended by Telangana Deputy Chief Minister Mallu Bhatti Vikramarka and IT Minister Duddilla Sridhar Babu, along with Infosys CFO Jayesh Sanghrajka. The facility is designed to support clients in banking, retail, life sciences and manufacturing, and incorporates energy-efficient systems including radiant cooling and rainwater harvesting.

Infosys employs over 325,000 people globally and operates across 59 countries.

Published on November 2, 2026

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• Infosys Ltd

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