Infosys shares fall 4% after cutting FY27 guidance
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Infosys shares fell sharply on Monday after the IT major cut its FY27 revenue growth guidance to 1-2% from 1.5-3%, citing pricing pressure and a challenging demand environment. While Nomura remains bullish, Goldman Sachs, Morgan Stanley, Citi and Choice Institutional Equities…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe revenue guidance cut weighs on the stock and the Indian IT sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Infosys cut its FY27 revenue growth guidance to 1-2% from 1.5-3%.
- 02The company cited pricing pressure and a challenging demand environment.
- 03Nomura remains bullish, while Goldman Sachs, Morgan Stanley and Citi flag growth concerns.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets