Infosys Shares Slide Over 20% in February, Set for Worst Monthly Drop in 13 Years Amid AI Concerns
Infosys, one of India’s largest IT services companies, has faced a sharp decline of over 20% in February, marking its worst monthly performance in 13 years. The sell-off has been triggered by growing concerns around the impact of artificial intelligence (AI) adoption on traditional outsourcing models, investor sentiment, and global demand trends. Background of the…