Shares of Sify Technologies Limited (SIFY) plunged 5.04% in Tuesday's trading session, as investors reacted to the company's recently released second-quarter earnings for the fiscal year 2025-26. The sharp decline suggests that the financial results may have fallen short of market expectations, prompting a sell-off in the stock.

The negative sentiment surrounding Sify was further exacerbated by the overall weakness in Asian equities traded as American Depositary Receipts (ADRs) in the US market. According to market data, Asian ADRs were trending slightly lower on Tuesday morning, with the S&P Asia 50 ADR Index declining 0.14%. Sify Technologies was among the leading decliners from South Asia, with an earlier report indicating a 4% drop in its stock price.

While specific details of Sify's earnings report were not immediately available, the market's reaction implies that investors may be concerned about the company's financial performance or future outlook. As the trading session progresses, market participants will likely scrutinize the earnings report more closely to assess the company's growth prospects and operational efficiency in the competitive IT and telecommunications sector.