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Monday, October 26, 2026

India's Infosys falls after cutting revenue growth guidance for fiscal 2027

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Oct 26 : Shares of IT firm Infosys fell 2.7 per cent in early trading on Monday after the company cut its fiscal 2027 revenue growth forecast more than expected and reported weakness in its North America business. 

The company cut its fiscal 2027 revenue growth forecast to 1 per cent-2 per cent from 1.5 per cent-3 per cent, while most analysts had ​expected it to trim only the upper end of the range to 2.5 per cent.

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