IT Rebound To Extend? Infosys, Wipro ADRs Spike Up To 6% After Strong D-Street Show
Infosys flagged a risk in a quarterly results development with October 13 in focus.
· NDTV Profit
Infosys and Wipro shares rallied over 4% on the NSE on October 13, tracking gains in their US-listed ADRs, as strong HCLTech earnings and easing visa concerns lifted sentiment across Indian IT stocks.
Key facts
- Dates in focus
- October 13
The analysis
Infosys reported movement of 6% and 4%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +3.4% on the day at ₹1,185.00, and has returned +2.6% over three months. It sits 30% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -3.1% over the same period, so Infosys is running 5.7 points ahead of its peers.
With Infosys, Wipro and HCL Technologies all implicated, this reads as a IT-level move rather than a company-specific one, which is the more durable kind of signal.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- 3 of the 3 companies named are in IT, so the story reads across that sector rather than for one company.
- On the day, 3 of 3 are higher: Wipro leads at +4.3% and HCL Technologies trails at +1.7%.
- Over three months: Infosys +2.6% against IT -3.1% (5.7 points ahead); Wipro +6.4% against IT -3.1% (9.5 points ahead); HCL Technologies +5.6% against IT -3.1% (8.7 points ahead).
- At least 25% below the 52-week high: Infosys (30%) and Wipro (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| InfosysINFY · IT | ₹1,185.00 | +3.4% | +19.2% | +2.6% | -29.9% | 0.8× | — |
| WiproWIPRO · IT | ₹198.31 | +4.3% | +25.1% | +6.4% | -27.3% | 1.3× | — |
| HCL TechnologiesHCLTECH · IT | ₹1,428.10 | +1.7% | +16.1% | +5.6% | -17.4% | 0.9× | — |
IT
1M +5.2% · 3M -3.1%
Infosys, Wipro, HCL Technologies
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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