Highlights

• Infosys Limited (NSE: INFY) dropped 5.12% to ₹1,177.10, emerging as a top Nifty loser.
  • The stock hit its lowest level in nearly three years following weak FY27 revenue guidance.
  • Revenue growth outlook of 1.5%–3.5% came below market expectations, raising concerns over demand recovery.
  • Infosys Limited (NSE: INFY) is now trading well below its 21-day SMA near ₹1,288, indicating a weak price structure.
  • RSI has slipped to 29.42, entering oversold territory after the sharp decline.
  • Broader IT sector weakness and cautious client spending continue to weigh on sentiment.

Overview

Infosys Limited (NSE: INFY) declined sharply to ₹1,177.10 on April 24 after opening at ₹1,200.00 and touching an intraday low of ₹1,175.00. The stock extended losses after falling nearly 3% in the previous session, reacting negatively to its Q4 FY26 results and subdued outlook.

The sharp fall has dragged Infosys Limited (NSE: INFY) to its lowest level since 2023, making it one of the worst-performing stocks in the IT pack. The decline also reflects broader weakness across the sector, as multiple IT companies flagged cautious demand trends and slower deal conversions.

Despite reporting a strong profit performance in Q4, the muted revenue growth and weak forward guidance overshadowed the positives, leading to aggressive selling pressure in Infosys Limited (NSE: INFY).

Why Infosys Limited (NSE: INFY) Stock Fell After Q4 Results

Infosys Limited (NSE: INFY) reported a strong bottom-line performance, with net profit rising 27.8% quarter-on-quarter to ₹8,501 crore. However, revenue growth remained modest at around 2% sequentially, reflecting continued weakness in client spending.

The key concern for investors was the company’s FY27 guidance. Infosys Limited (NSE: INFY) expects revenue growth of 1.5%–3.5% in constant currency, which is lower than market expectations and indicates a slower recovery in demand.

Management highlighted weakness in key verticals such as manufacturing, particularly in Europe’s auto sector. The company also pointed to increased competition and a more selective approach to deal participation amid AI-driven spending caution and macro uncertainty.

Infosys Limited (NSE: INFY) is the second major IT company after HCL Tech to signal a cautious outlook, reinforcing concerns that the sector may take longer to return to stronger growth levels. Industry leader TCS had earlier reported its first annual revenue decline in over two decades, further adding to negative sentiment.

Brokerages have turned cautious following the results, with several firms cutting their price targets. While some analysts believe Infosys Limited (NSE: INFY)’s strong deal pipeline and AI capabilities may support medium-term growth, near-term visibility remains limited.

Technical View

Infosys Limited (NSE: INFY) is currently trading at ₹1,177.10, significantly below its 21-day Simple Moving Average near ₹1,288.52. The stock has been in a clear downtrend since February and continues to form lower highs and lower lows on the daily chart.

The latest sharp decline has resulted in a breakdown from its recent consolidation zone near ₹1,250–1,300, indicating that sellers remain in control.

The 14-day RSI has dropped to 29.42, entering oversold territory. While this may lead to short-term pullbacks, the overall momentum remains weak unless Infosys Limited (NSE: INFY) stabilizes above key levels.

The immediate support zone is placed near ₹1,090–990. On the upside, resistance is seen near ₹1,290–1,400, which aligns with previous breakdown levels and the falling moving average.

Latest News

Infosys Limited (NSE: INFY) ADR declined more than 4% overnight following the earnings announcement, reflecting weak global sentiment around the stock. The broader IT index also came under pressure, with multiple stocks declining ahead of earnings.

Analysts noted that Infosys Limited (NSE: INFY) and HCL Tech have highlighted increased competitive intensity and cautious client spending, especially in discretionary technology projects. This trend is expected to keep growth subdued in the near term.

However, some analysts believe that Infosys Limited (NSE: INFY)’s ability to convert deal wins into revenue and its investments in AI capabilities could support stable growth over the medium term.

Key Risks

• Weak revenue guidance indicates slower demand recovery in key markets.
  • Continued pressure on discretionary IT spending may limit growth.
  • A break below ₹1,090 could increase downside risk toward ₹990.
  • Broader weakness in the IT sector may continue to weigh on Infosys Limited (NSE: INFY).

Summary

Infosys Limited (NSE: INFY) has come under sharp pressure after its Q4 results and weak FY27 guidance, dragging the stock to multi-year lows. While the company reported strong profit growth, concerns around revenue visibility and cautious client spending have overshadowed the positives. The technical structure remains weak, and Infosys Limited (NSE: INFY) may continue to face pressure unless it shows signs of stabilization in the coming sessions.

FAQs

Why did Infosys Limited (NSE: INFY) share price fall today?
The stock declined after reporting weak revenue growth outlook for FY27 and cautious commentary on demand.

What is the outlook for Infosys Limited (NSE: INFY) after Q4 results?
The near-term outlook remains cautious due to weak guidance and slower client spending, although long-term growth may be supported by AI initiatives.

What are the key levels to watch for Infosys Limited (NSE: INFY)?
Key support levels are near ₹1,090–990, while resistance is seen near ₹1,290–1,400.