Infosys Ltd 's American Depository Receipts (ADRs) fell by about 4 percent on the NYSE on October 17. The company's results for the second quarter of FY 2025 were weaker than market expectations. At the time of writing the news, the ADR was trading at 22.22 USD, down by about 3 percent. In the last quarter, after the results, the company's ADR saw a rise of more than 8%.

Before the Indian market opens, investors often keep an eye on American Depository Receipts (ADR). Because the performance of shares in the Indian market can be estimated based on the performance of ADR. If a foreign company wants to be listed in the American market, it has to issue ADR. Many Indian companies are listed in the US as ADR. Infosys, Wipro, ICICI Bank, HDFC Bank, Dr. Reddy's are prominent among them. How were the results? On a quarterly basis, the company's profit saw a 2.2 percent increase. The company's profit stood at Rs 6,506 crore, which was Rs 6,368 crore in the quarter ended June. A profit of Rs 6,755 crore was estimated in a CNBC-TV18 poll. Infosys' income rose 4.3 percent to Rs 40,986 crore, which was Rs 39,315 crore in the previous quarter. The company's stock closed at Rs 1,974.55 on Thursday with a gain of 2.84 percent.