Infosys stocks down nearly 5% after COO warns about 'quarterly bumps'
Speaking at the Citi India Investor Conference, Infosys chief operating officer (COO) UB Pravin Rao said the company would face volatility over the next few quarters, due to weaker spending from retail, energy and insurance sectors.
An employee of Infosys stands at the front desk of its headquarters in Bengaluru, Karnataka, April 15, 2016. Image Source: Reuters/Abhishek N Chinnappa