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Business news · AI & Tech · 24 Apr 2026

Infosys guides FY27 revenue growth of just 1.5-3.5% in constant currency; stock falls 7% to a 52-week low

IN Information Technology

What happened

Infosys forecast FY27 revenue growth of 1.5-3.5% in constant currency with a 20-22% margin band, alongside Q4 FY26 net profit up 20.9% year on year to Rs 8,501 crore on revenue up 13.4% to Rs 46,402 crore. The shares closed 7.09% lower at Rs 1,154.45 after touching a 52-week low, and the Nifty IT index fell 5.29% to 28,530. Motilal Oswal said AI is compressing business as productivity gains are passed on to clients.

Why it matters for listed companies

Guidance from India's second-largest IT services company is read as a gauge of sector demand for the year. A low single-digit band, which analysts tied to AI-led pricing deflation, puts pressure on revenue growth and valuation multiples across TCS, HCLTech, Wipro, Tech Mahindra and mid-tier IT firms, as the 5.3% one-day fall in the Nifty IT index showed. Slower IT hiring also feeds into office leasing and urban consumption in tech hubs, though that link is indirect.

Reported by Business Standard — “Infosys slips 7% to 52-week low on weak FY27 guidance, AI deflation fears” ↗ on 24 Apr 2026.

How these sectors have moved since

NSE stocks, from the last close on or before 24 Apr 2026 to the close on 16 Oct 2026.

SectorStocksMedian moveUpvs all stocks
Information Technology40 +7.2%25 of 40+9.1 pts
All tracked stocks798-1.9%373 of 798—

Companies named in the report

CompanyThenNowMove
Infosys Ltd. INFY ₹1,154.6₹1,161.2 +0.6%
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

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