Infosys Shares Up 3% After ADR Surges 40% On NYSE; Company Issues Clarification | Markets News

Infosys Shares To Be Watched As ADR Sees Unusual 40% Surge In US Trade

Infosys Share Price: Infosys shares rallied 3 per cent intraday on Monday, December 22, after the company’s American Depository Receipt (ADR) surged 40 per cent, leading to a halt twice in trading on the New York Stock Exchange (NYSE) on December 19.

In a clarification, the tech company said that ‘there are no material events’ in the ADR surge. It issued the clarification to maintain ‘the transparency and to avoid any unwarranted speculation’.

The scrip touched a high at Rs 1,693.20 apiece, compared to the previous day’s close at Rs 1,638.70 apiece. Around 9:30 AM, the scrip was trading at Rs 1,674.10 apiece with a gain of 2.16 per cent.

“The Company has observed volatility in the price of its American Depositary Receipt (“ADR”) on the New York Stock Exchange (“NYSE”) on December 19, 2025, which resulted in two Volatility Trading Pauses (“Limit Up-Limit Down”/“LULD”) being triggered by NYSE,” Infosys informed in the filing.

“In this regard, the Company hereby clarifies that there are no material events that require disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Regulations”). This communication is being issued in the interest of transparency and to avoid any unwarranted speculation.”

When a foreign company wants to trade its shares on a US-based stock exchange, it can issue American Depositary Receipts (ADRs) of the company’s name (e.g., Infosys ADR), whose value represents one or more shares.

What Happened That Day?

On December 19, Infosys’ ADR on NYSE surged almost 50 per cent at one point during trading hours, leading to a temporary trading halt. What was unusual in the entire situation was not having any trigger point, a business development or announcement, which usually lead to this kind of situation.

The sharp surge in Infosys ADRs was triggered by a technical anomaly related to market data and liquidity conditions. This means a glitch, a delay in the update or an erroneous print might cause these abnormal price displays.

This price rise was purely a technical error rather than a fundamental cause.

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