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Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growth
Infosys ADRs fell over 4% after the IT major trimmed the upper end of its FY27 revenue growth guidance despite reporting higher June-quarter profit and revenue. Investors remained concerned over weak discretionary demand, slower constant currency growth and cautious client technology spending.
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economictimes.indiatimes.com
Guidance cut expected? Infosys may not have good news for investors in Q1 results
Infosys is expected to post double-digit growth in revenue and profit for Q1FY27, aided by seasonal factors and acquisitions. However, brokerages remain divided on whether the IT…
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Infosys ADRs fall over 4% as Q1 revenue guidance cut overshadows profit growth
Infosys ADRs fell over 4% after the IT major trimmed the upper end of its FY27 revenue growth guidance despite reporting higher June-quarter profit and revenue. Investors remained…
