Infosys, Wipro ADRs slide amid AI fears; US tech wobbles

Infosys and Wipro ADRs fall amid AI disruption fears and softer US tech sentiment; Cisco drops 9%, while Siemens surges 7% after raising FY26 EPS outlook.

Infosys and Wipro ADRs fall amid AI disruption fears and softer US tech sentiment; Cisco drops 9%, while Siemens surges 7% after raising FY26 EPS outlook.

Shares of PI Industries Ltd ended at ₹3,224.00, down by ₹57.95, or 1.77%, on the BSE.

Priya Kapur at Sona Comstar highlights India’s rise as a global automotive hub, detailing Sona Comstar’s transformation and EV focus at the 60th ACMA Excellence Awards and Technology Summit.

The company’s board has also declared an interim dividend of ₹3.25 per equity share, aggregating to ₹455 crore. The record date for determining eligible shareholders is February 19, 2026.

The broader mood favoured the bears, with most sectoral indices closing in the red. The Nifty IT index was the biggest drag, tumbling 5.5% to a ten-month low.

AI-led global selloff drags Nifty IT down 14%, pushing sector to third place in index weightings as Oil & Gas overtakes amid disruption fears.

From Coal India reporting a mixed set of numbers to Indian Hotels Company reporting net profit surging 50.2% to IRCTC reporting 18.4% YoY increase in revenue, these are some of the stocks to watch ahead of Friday’s trading session.

Net profit declined 58% year-on-year to ₹27 crore, compared with ₹64.2 crore in the corresponding quarter last year. Revenue rose 3.3% to ₹1,049.8 crore from ₹1,016 crore a year ago.

TVS Srichakra posted a net profit of ₹11.2 crore in Q3FY26, reversing last year’s loss. Revenue rose 14.2 percent to ₹916.5 crore, with EBITDA margin expanding to 8.5 percent.

Petronet LNG’s Q3 net profit rose 5.2% over the previous quarter to ₹848.3 crore, driven by higher EBITDA and improved margins. Revenue grew 1.4%. Shares closed down 2.34% at ₹296.80 today, February 12.