Infosys Limited, a leading Indian IT services company, recently witnessed a sharp decline in its stock price, dropping nearly 6% on January 17, 2025. This marked its largest single-day fall since July 2023, eroding ₹1,900 crore from the wealth of the Narayana Murthy family, which holds a 4.02% stake. Investor concern has been increasing about the sustainability of Infosys’s earnings quality and the third-party items in its deal pipeline. Underperforming peers Tata Consultancy Services and Wipro, analysts are warning that Infosys might decline another 15%. The article looks at these dynamics, cautioning investors for the near term.