Infosys ADRs: Here’s what the company said on unprecedented 40% spike, trading pause

India’s second-largest IT services company Infosys on Saturday issued a statement on the unprecedented 40% rise in its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE) on Friday, saying that no material events related to the move have occurred that required disclosure.“The Company observed volatility in the price of its American Depositary Receipt (“ADR”) on the New York Stock Exchange (“NYSE”) on December 19, 2025, which resulted in two volatility trading pauses (“Limit Up-Limit Down”/”LULD”) triggered by NYSE. In this regard, the Company hereby clarifies that there are no material events requiring disclosure under SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015,” the exchange filing said.

Infosys ADRs hit a fresh 52-week high of $30 on Friday, forcing the exchange to halt trading twice after volatility hit the roof.They ended up at $20.22, up $1.04 or 5.42% on high volumes totaling 118.7 million.

While it was the third straight day of rally for Infosys’ ADRs, the spike was significant since Accenture beat Wall Street expectations for first-quarter revenue on Thursday.

Infosys ADRs rose more than 5% on Thursday and 2.5% on Wednesday, according to data from Investing.com.

Accenture’s revenue increase was driven by robust demand for its artificial intelligence-based IT services. Shares were up 0.85% around this time, trading at $274.57 on the Nasdaq. Also read: Stock market meets physics: 5 laws that explain why prices move the way they do

In its fiscal 2026 guidance, the company expects full-year revenue growth to be 2% to 5% in local currency. “Excluding an estimated 1% impact from U.S. federal operations, the company continues to expect revenue growth to be 3% to 6% in local currency terms,” the company filing said.

Accenture’s results are often seen as a harbinger for the broader IT sector and indicate trends for the Indian IT sector.

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