Infosys shares dip as lower FY27 revenue growth outlook offsets strong deal wins
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com-- Infosys (NSE:INFY) shares fell on Monday after India's second-largest IT services company lowered its annual revenue growth forecast, offsetting strong large deal wins and growth in artificial intelligence-related business. Still guessing which stocks will beat…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA cut to revenue guidance at a major Indian IT services firm weighs on the sector outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Infosys cut its fiscal 2027 constant-currency revenue growth guidance to 1%-2% from 1.5%-3.0%.
- 02The operating margin forecast was retained at 20%-22%.
- 03NSE-listed shares fell 1.5% to 1,137.0 rupees by mid-morning.
- 04Second-quarter revenue was $5.15 billion.
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