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.