Infosys share price today: Stock falls around 4% after Q4 numbers; what’s the outlook?

Infosys stock price today: The banal terms of India’s 2nd largest IT services steadfast fell sharply connected Friday contempt the company’s quarterly results beating marketplace expectations. Infosys came nether important pressure, falling arsenic overmuch arsenic 3.72 per cent to an intraday debased of Rs 1,194.50 connected the NSE.

Its American depositary receipts besides weakened, closing 4 per cent lower.For the 4th ended March 31, 2026, Infosys posted a consolidated nett net of Rs 8,501 crore, up 21 per cent from Rs 7,033 crore recorded successful the aforesaid play a twelvemonth earlier.Revenue from operations during the 4th fourth roseate to Rs 46,402 crore, marking a 13.4 per cent summation from Rs 40,925 crore successful the corresponding 4th of the erstwhile fiscal year.On a sequential basis, nett aft taxation climbed 28 per cent from Rs 6,654 crore successful Q3 FY26. Revenue besides registered a quarter-on-quarter summation of 2 per cent from Rs 45,479 crore successful the October-December period.Operating borderline for the 4th stood astatine 21 per cent. While this remained unchanged from a twelvemonth ago, it improved by 260 ground points compared with the erstwhile quarter.For FY27, the institution has projected constant-currency gross maturation successful the scope of 1.5 per cent to 3.5 per cent, portion retaining its operating borderline guidance astatine 20 per cent to 22 per cent.

Infosys banal terms outlook: What brokerages are saying

Brokerage views connected Infosys stay mixed, with analysts balancing near-term challenges against the company’s semipermanent positioning. They person expressed a measured outlook connected Infosys. Jefferies has reiterated its Hold standing connected the banal and lowered its people terms to Rs 1,235, suggesting constricted upside oregon downside from existent levels, according to an ET report.According to the brokerage, Infosys’ March-quarter show was mostly successful enactment with expectations.

However, its FY27 gross maturation guidance of 1.5 per cent to 3.5 per cent fell abbreviated of marketplace hopes.Jefferies besides highlighted a 3 per cent sequential diminution successful headcount and a 19 per cent year-on-year driblet successful nett caller woody wins arsenic areas of concern.The brokerage noted that the little extremity of the guidance scope reflects a much challenging macroeconomic backdrop and persistent geopolitical uncertainties, portion the precocious extremity assumes immoderate betterment successful conditions.Net caller woody wins for the 4th fourth came successful astatine $1.3 billion, down 19 per cent from a twelvemonth earlier. Jefferies described this arsenic a brushed outcome, adding that the decline, coupled with the crisp simplification successful workforce during the quarter, is accordant with the company’s cautious near-term maturation outlook.Morgan Stanley has retained its Equal-weight proposal connected the stock, portion reducing its people terms to Rs 1,380 from Rs 1,760 earlier.

This inactive implies an upside of astir 11 per cent from existent levels. The brokerage pointed to a weaker-than-expected fourth-quarter show crossed respective cardinal parameters, on with a subdued gross outlook.According to Morgan Stanley, Infosys’ FY27 constant-currency gross maturation guidance of 1.5 per cent to 3.5 per cent suggests small scope for a meaningful pickup successful growth. Organic maturation is expected to beryllium astir 2.5 per cent, broadly successful enactment with manufacture peers.The brokerage besides noted that the ramp-down of a large European lawsuit is apt to measurement connected near-term growth. In addition, gains successful productivity driven by artificial intelligence, coupled with pricing pressure, are affecting the competitiveness of the company’s halfway business.While Morgan Stanley has lowered its estimates, it believes net per stock could person immoderate enactment from favourable currency movements.

It besides observed that the stock’s valuation has moderated and is present person to adjacent levels, which could assistance bounds downside risk. At present, the banal is trading astatine astir 15.8 times earnings.Motilal Oswal Financial Services, connected the different hand, has reiterated its Buy standing connected Infosys, keeping its people terms unchanged astatine Rs 1,450. This implies a imaginable upside of astir 17 per cent.The brokerage said Infosys’ FY27 gross maturation guidance of 1.5 per cent to 3.5 per cent successful changeless currency—or 1.25 per cent to 3.25 per cent connected an integrated basis—is beneath its expectations astatine the precocious end.

It believes this points to expanding unit connected the company’s existing concern portfolio.Motilal Oswal highlighted that the increasing adoption of artificial quality is compressing the halfway business, arsenic ratio gains are progressively being passed connected to clients. It added that this inclination is being amplified by aggravated contention and pricing unit successful an situation of anemic demand.The brokerage expects this deflationary interaction to continue.

For FY27, it has built successful integrated maturation astatine the midpoint of management’s guidance, astir 2.5 per cent, indicating a moderation from FY26 constant-currency maturation of 3.1 per cent.Meanwhile, HDFC Securities has besides maintained its Buy proposal connected the stock, with an unchanged people terms of Rs 1,550.HDFC Securities said fourth-quarter gross was affected by seasonal weakness and slower decision-making by clients.

It besides noted that Infosys’ FY27 gross maturation guidance fell abbreviated of expectations, underscoring persistent macroeconomic uncertainty.According to the brokerage, request conditions stay soft, with clients continuing to prioritise outgo optimisation implicit large-scale translation projects.In presumption of the slower maturation outlook, HDFC Securities has reduced its net estimates by astir 2 per cent to 3 per cent. It presently values the banal astatine 18 times its estimated net per stock for March 2028.(Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)