Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 24th July, 2026: Shares of Infosys fell nearly 3 per cent on Friday after the IT services major lowered the upper end of its full-year revenue growth guidance, citing continued macroeconomic uncertainty.
The stock declined 2.70 per cent to Rs 1,023.30 on the BSE. On the NSE, it fell 2.32 per cent to Rs 1,023 in early trade.
The decline followed the company's announcement that it now expects revenue growth of 1.5 per cent to 3 per cent for the current financial year, narrowing the upper end of its earlier guidance range.
The revised outlook reflects cautious client spending amid an uncertain global macroeconomic environment, which continues to weigh on demand for information technology services.
Investor sentiment weakened after the guidance revision, leading to selling pressure in the stock despite the company's quarterly performance.