Archive · 24 Jul 2026
Infosys Shares Drop 3% After Revenue Guidance Cut
Infosys, a big IT company in India, said it won't grow as much as it thought it would.
This made people worried, and the price of its shares went down by 3%.
Even though the company made more money this quarter, the news about slower growth made investors sad.
The whole stock market also did poorly that day.
Infosys shares dropped 3% to Rs 1,023 after cutting revenue growth guidance.
Revenue growth guidance reduced to 1.5% to 3% from 1.5% to 3.5%.
Net profit rose 12% to Rs 7769 crore in Q1.
Revenue from operations increased 14% to Rs 48,211 crore.
Sensex fell 875 points to 75,516, and Nifty dropped 248 points to 23621.
- Who
- Infosys, Investors
- What
- Shares dropped 3% due to reduced revenue growth guidance
- When
- Friday, June 2026
- Where
- Bengaluru, India
- Why
- Infosys cut its revenue growth guidance for the fiscal year through March 2027.
Investor Concerns
Company Performance
Revenue Growth Guidance
Investor Concerns
Investors are concerned about the reduced revenue growth guidance of 1.5% to 3%, down from the previous 1.5% to 3.5%.
Company Performance
Infosys reported a 12% increase in net profit to Rs 7769 crore and a 14% rise in revenue from operations to Rs 48,211 crore.
- Current Share Price
- Rs 1,023
- Previous Share Price
- Rs 1051.80
- Market Cap
- Rs 4.21 lakh crore
- Revenue Growth Guidance
- 1.5% to 3%
- Previous Revenue Guidance
- 1.5% to 3.5%
- Net Profit
- Rs 7769 crore
- Revenue from Operations
- Rs 48,211 crore
- Sensex
- 75,516
- Nifty
- 23621
- Total Market Cap of BSE-listed Firms
- Rs 471.31 lakh crore