Infosys cuts FY27 organic revenue guidance to -0.2% midpoint
Infosys lowered its FY27 organic revenue guidance to -0.2% at the midpoint from 0.55%, citing softer expected volumes, pricing pressure and subdued discretionary spending. ICICI Securities set a target of Rs 1,030 and recommended reducing the stock.
ICICI Securities research report on InfosysInfosys cut its organic revenue guidance to -0.2% at mid-point (from earlier 0.55%) YoY CC for FY27 due to softer-thanexpected volumes in H1FY27, pricing pressure from higher competitive intensity, and subdued discretionary spends. It reported a strong dea…