AIET Techabout 2 hours ago
Infosys shares fall 3% after downgrades
4 min read
Infosys shares fell 2.6% to Rs 1,027 on the BSE after JPMorgan downgraded the stock and Jefferies cut its target price. The company trimmed its revenue growth guidance to 1.5%-3% in constant currency while maintaining a 20-22% operating margin outlook. The lower guidance signals limited demand visibility despite strong deal wins.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
