Infosys shares in focus after Q2 PAT jumps 13% YoY, ADRs fall 2%

Infosys reported a 13% YoY increase in net profit to Rs 7,364 crore for Q2 FY26, with revenue rising 9% YoY to Rs 44,490 crore. The IT major also declared an interim dividend of Rs 23 per share and revised its FY26 revenue guidance upwards. Brokerage firm Nuvama maintained a ‘Buy’ rating, citing strong revenue growth in constant currency terms.

Axis Bank shares in focus after profit declines 26% YoY in Q2

Axis Bank reported a 26% year-on-year decline in net profit for Q2FY26, falling to Rs 5,090 crore. While net interest income saw a marginal 2% rise, operating profit declined 3%. Asset quality showed sequential improvement, but gross slippages increased, leading Nuvama to maintain a ‘Hold’ rating with a target of Rs 1,180.