Infosys' US-listed shares slide after it forecasts annual sales growth below estimates

Infosys

23/04/2026 14:38

** U.S.-listed shares of Infosys INFY.NS, INFY.K drop 5.1%

** India's second-largest IT services exporter forecast full-year revenue growth below analyst estimates

** INFY expects fiscal 2027 revenue to grow 1.5%-3.5%; brokerages expected 2%-4% growth

** Co's first-quarter revenue, however, topped analysts' estimates

** Analysts rate INFY's Mumbai-listed shares "buy" on average, while its New York-listed shares are rated "hold" - data compiled by LSEG

** So far this year, INFY's Indian shares are down 1.6%, trailing 3.3% rise among a basket of top IT stocks .NIFTYIT

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))