Infosys ADRs jump over 9% after robust Q1 numbers; that of Wipro up 4%

Following a strong Q1 performance and positive momentum in financial services deals in North America, the company has revised its FY25 revenue growth guidance upwards, projecting a 3-4% increase in constant currency, compared to the previous 1-3% estimate. This upward revision reflects increased confidence in the company's outlook for the remainder of the fiscal year.