Infosys shares saw a sharp fall on Friday, wiping out nearly ₹56,000 crore in market value, after investors reacted negatively to the company’s cautious growth outlook for the next financial year.
Despite reporting healthy quarterly earnings, the IT major came under heavy selling pressure as the market focused on future concerns rather than past performance. The stock dropped around 6–7 per cent during the session, making Infosys one of the biggest losers on Dalal Street.
Infosys reported a strong March quarter, with consolidated net profit rising around 21 per cent year-on-year to ₹8,501 crore. Revenue also posted steady growth, showing resilience in a challenging global business environment.
However, investors were disappointed by the company’s FY27 revenue growth guidance of 1.5 per cent to 3.5 per cent in constant currency terms. Analysts said the forecast suggests that global demand remains weak and clients are still cautious about spending on technology projects.
The company said business decisions by clients continue to be slower because of macroeconomic uncertainty and geopolitical tensions. While demand for artificial intelligence and digital transformation services remains encouraging, overall market visibility is still mixed.
The fall in Infosys shares also dragged the broader IT sector lower. Other technology stocks came under pressure as investors worried that slower growth could continue across the industry. The Nifty IT index has already seen losses this week after mixed earnings and cautious commentary from several companies.
Brokerages gave mixed reactions after the results. Some maintained confidence in Infosys’ long-term strengths, citing its strong balance sheet, global client base and leadership in digital services. Others turned more cautious, warning that near-term growth may remain under pressure.
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