In the stock market, the shares of IT companies were broken by the ups and downs on Wednesday. Infosys, the country’s second largest IT company, got the biggest shock and its stock slipped more than 5 per cent. Due to this decline in Infosys Share, the company’s co-founder NR Narayan Murthy and his family have suffered a major setback and their Rs 6,875 crore has been destroyed.
More than 5% slipped Infosys share
The stock market surprised during the entire trading on Wednesday and was sometimes seen trading in the Sensex-Nifty Green Zone, which was seen trading on the red mark with the next moment. Meanwhile, Infosys Share slipped more than 5 per cent to a low of Rs 1,553.80. Let us know that this price of Infosys share is about 22 percent less than the all -time high level of Rs 2,006.80 in December 2024 last year.
Such a share of Narayan Murthy family
The shares of IT giant Infosys Limited have seen a continuous decline for the last two days. Due to this, a sharp decline has been recorded in the net worth of the company’s co-found Narayan Murthy. If you look at the data of the corporate database aceequity, NR NARAYANA MURTHY has a 4.02 per cent stake of the company. Its total value was Rs 33,162.89 crore on December 13, 2024, which declined to Rs 26,287.19 crore after the decline in the stock on Wednesday. Calculation according to this, it has fallen by Rs 6,875.70 crore.
After all, why the share is breaking?
According to the report, the sequence of Girant in Infosys shares is a change in the sharing rating by brokerage. In fact, some brokerage houses downed the stock of Infosys amid the increasing apprehension of recession in the US economy and US President Donald Trump’s tariff policy due to continuous breakdown of the stock markets and downed Infosys shares amidst concerns arising due to tariff war globally. Since the arrival of this news, this IT Stock is breaking.
Son Rohan Murthy is the most damaged
Narayan Murthy’s son Rohan Murthy suffered a loss of Rs 2,771 crore due to slipping Infosys Share, followed by Akshata Murthy (Rs 1,778.79 crore) and Sudha N Murthy (Rs 1,573.54 crore). At the same time, the estimated assets of Narayan Murthy have come down by Rs 684 crore to Rs 3,299.79 crore. Explain that at the end of the December quarter, Infosys co-founder Narayan Murthy had a 0.40% stake in the company, while wife Sudha Murthy had 0.92% stake. Son Rohan Murthy and daughter Akshata Murthy had 1.62% and 1.04% stake respectively. Not only this, Narayan Murthy’s grandson, the concentration Rohan Murthy also had a 0.04 percent stake in Infosys.
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