Infosys shares dipped following a 21% profit rise, as a weaker-than-expected FY27 revenue growth forecast of 1.5% to 3.5% disappointed experts. Concerns also include a headcount drop and fewer new deals. Analysts are divided, with some maintaining ‘Hold’ and others ‘Buy’, but most have lowered price targets, citing macro uncertainties and AI’s impact.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets