Infosys shares slip following lowered FY27 revenue guidance

Infosys shares experienced a decline, trading at ₹1,167.80, a drop of 0.71% during intraday trading. The downward pressure is attributed to a reduction in institutional stakes and a lowered revenue growth guidance for fiscal year 2027.

The company revised its FY27 revenue growth outlook to a range of 1.5% to 3%. This conservative guidance follows the company's Q1 FY27 results and is driven by global economic uncertainty and cautious technology spending by clients. Over the past year, the stock has seen a decline of approximately 18.92%.