Infosys Share Price Today: Dividend Buzz Sends Stock Below ₹1,500, But Is It Just a Pause?
Infosys started the week on a softer note, slipping nearly 2% even as the broader market held steady. The dip came after the IT giant turned ex-dividend for its interim payout of ₹23 per share, a move that often triggers short-term profit booking.
Investors who grabbed Infosys shares on or before October 24 will pocket the dividend, set to be credited on November 7. By 9:45 AM, the stock was down 0.89% at ₹1,509.90 on the BSE, briefly dipping below the ₹1,500 mark.
But don’t hit the panic button yet, analysts say this slide is more of a technical adjustment than a red flag. With solid fundamentals, steady earnings, and an attractive dividend yield, Infosys remains one of the IT space’s strong contenders as the Q2 results season heats up.
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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