India’s Infosys falls after cutting revenue growth guidance for fiscal 2027

Oct 26 (Reuters) – Shares of IT firm Infosys fell 2.7% in early trading on Monday after the company cut its fiscal 2027 revenue growth forecast more than expected and reported weakness in its North America business. 

The company cut its fiscal 2027 revenue growth forecast to 1%-2% from 1.5%-3%, while most analysts had ​expected it to trim only the upper end of the range to 2.5%.

(Reporting by Sai Ishwarbharath B in Bengaluru; Editing by Sherry Jacob-Phillips and Rashmi Aich)

Brought to you by www.srnnews.com

Click here to read the full article