Infosys shares fell as much as 3.5% on April 24, hitting an intraday low of Rs 1,198.80, after the company reported Q4 results. The move came following a weak session overseas and, more importantly, investor reaction to guidance for FY27, which failed to meet expectations despite the quarter’s performance.
HCL Tech shares have slumped after weak Q4 earnings and cautious FY27 guidance, wiping out roughly Rs 59,000 crore in just three days. The fall has triggered multiple broker downgrades and target cuts, as analysts cite slowing growth, softer discretionary spending, and limited visibility on a fast recovery. Market sentiment remains under pressure in the near term.
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Tech Mahindra posted steady quarterly results, buoyed by a major Europe deal with Orange that analysts say may unlock future revenue. The firm is also backing AI startups via cloud services, even as it continues cost restructuring through headcount reductions. Investors are now focused on management guidance for FY27, with the dividend yield adding extra pull.
Infosys crossed the $20 billion revenue milestone in FY26 and delivered strong profit growth, but its stock fell after Q4 results. The culprit was a cautious FY27 outlook, with revenue growth guided at 1.5%–3.5% and margins at 20%–22%. Investors signaled concern over slower deal-to-revenue conversion and demand softness.
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