The country’s big businessman and Infosys co-founder and CEO Narayan Murthy and his family have suffered a major setback. Infosys shares fell by about 6 percent on Thursday. This not only shocked other IT companies, but also caused huge loss to the wealth of the Murthy family.
Narayan Murthy’s stake in Infosys
Narayan Murthy (NRN) has a 0.40 percent stake in Infosys, while his wife Sudha N Murthy has a 0.92 percent stake in the company. At the same time, his son Rohan Murthy and daughter Akshata Murthy have 1.62 percent and 1.04 percent stake respectively. Apart from this, grandson Ekaagra Rohan Murthy also has a 0.04 percent stake in Infosys. In this way, five members of the Murthy family have a total of 4.02 percent stake in Infosys.
Loss of more than 1800 crores
After the fall in the stock today, its value remained around Rs 30,300 crore. Whereas on Thursday it was Rs 32,152 crore. That is, his wealth has decreased by Rs 1850 crore in a day.
Reason for decline: Third quarter results
This decline in Infosys stock has come when the company’s third quarter results were better than expected on many fronts. Experts say that Infosys’ key figures were strong. Revenue grew 1.7 percent quarterly, which was more than expected. However, its underlying basis was not that strong.
Despite better year-on-year performance and revenue estimates in the third quarter, the major reason for the decline in Infosys shares is believed to be a possible slow-down in the fourth quarter. MK Global Financial Services has changed the earnings per share (EPS) by less than 1% for the financial year 2025-27, keeping in mind the third quarter performance.
