BusinessPhoto: News18 BusinessInfosys Shares Drop 4% After Q2 Earnings and Lowered FY27 Guidance
Shares of Infosys Ltd fell up to 4% on October 26 after the company reported weaker-than-expected Q2 earnings and cut its revenue growth guidance for FY27 to 1%-2% from 1.5%-3%. Despite growth in revenue and net profit, investors reacted to subdued technology spending, pricing pressure, and concerns over demand in key markets, pushing the stock to an intraday low of Rs 1,107 on NSE.
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