Infosys share price today: Stock falls nearly 4% after Q4 data; What is viewpoint? Brokerage companies share ratings & more related News Here

For the quarter ending March 31, 2026, Infosys posted a consolidated net profit of Rs 8,501 crore, up 21 per cent from Rs 7,033 crore.

Infosys share price today: The share price of India’s second largest IT services company fell sharply on Friday, despite the company’s quarterly results being better than market expectations. Infosys came under considerable pressure on the NSE, falling 3.72 per cent to a low of Rs 1,194.50. Its American Depository Receipts also weakened and closed with a decline of 4 percent.For the quarter ending March 31, 2026, Infosys posted a consolidated net profit of Rs 8,501 crore, up 21 per cent from Rs 7,033 crore reported in the same period a year ago.Revenue from operations during the fourth quarter increased to Rs 46,402 crore, up 13.4 per cent from Rs 40,925 crore in the corresponding quarter of the previous financial year.On a sequential basis, profit after tax increased 28 per cent to Rs 6,654 crore in Q3 FY26. Revenue also registered a quarter-on-quarter growth of 2 per cent to Rs 45,479 crore in the October-December period.Operating margin for the quarter was 21 percent. Although this was unchanged from a year ago, it improved by 260 basis points compared to the previous quarter.For FY27, the company estimates constant-currency revenue growth in the range of 1.5 per cent to 3.5 per cent, while maintaining its operating margin guidance at 20 per cent to 22 per cent.

Infosys stock price outlook: What brokerages are saying

Brokerage views on Infosys remain mixed, with analysts balancing near-term challenges against the company’s long-term position. He has expressed a measured view on Infosys. Jefferies has reiterated its Hold rating on the stock and lowered its target price to Rs 1,235, suggesting limited upside or downside from current levels, ET reported.According to the brokerage, Infosys’ March-quarter performance was largely in line with expectations. However, its FY27 revenue growth guidance of 1.5 per cent to 3.5 per cent fell short of market expectations.Jefferies also highlighted a 3 percent sequential decline in headcount and a 19 percent year-on-year decline in net new deals as areas of concern.The brokerage said the lower end of the guidance range reflects a more challenging macroeconomic backdrop and persistent geopolitical uncertainties, while the upper end anticipates some improvement in conditions.Net new deals for the fourth quarter won $1.3 billion, down 19 percent from a year ago. Jefferies described it as a soft result, and said the decline, combined with a sharp reduction in the workforce during the quarter, is consistent with the company’s cautious near-term growth outlook.Morgan Stanley has retained its equal-weight recommendation on the stock, while reducing its target price to Rs 1,380 from Rs 1,760 earlier. This still implies an increase of about 11 percent from current levels. The brokerage pointed to a weaker-than-expected fourth quarter performance on several key parameters along with a weak revenue outlook.According to Morgan Stanley, Infosys’ FY27 constant-currency revenue growth guidance of 1.5 per cent to 3.5 per cent suggests little scope for a meaningful uptick in growth. Organic growth is expected to be around 2.5 percent, broadly in line with industry competitors.The brokerage also said the decline of a major European client was likely to weigh on near-term growth. Furthermore, productivity gains driven by artificial intelligence, combined with pricing pressure, are impacting the competitiveness of the company’s core business.While Morgan Stanley has lowered its estimates, it believes earnings per share could get some support from favorable currency movements. It was also observed that the stock’s valuations have come down and are now closer to peer levels, which could help limit downside risks. Currently this stock is trading at about 15.8 times earnings.On the other hand, Motilal Oswal Financial Services has reiterated its buy rating on Infosys, and kept its target price unchanged at Rs 1,450. This implies a potential growth of about 17 percent.The brokerage said Infosys’ FY27 revenue growth guidance of 1.5 percent to 3.5 percent in constant currency – or 1.25 percent to 3.25 percent on an organic basis – is below its expectations at the upper end. He believes this points to increasing pressure on the company’s existing business portfolio.Motilal Oswal highlighted that the growing trend of artificial intelligence is squeezing the core business, as the benefits of efficiency are increasingly being passed on to customers. It said this trend is being fueled by intense competition and pricing pressure in a weak demand environment.The brokerage expects this deflationary impact to continue. For FY27, this has produced organic growth of about 2.5 per cent, at the midpoint of management’s guidance, implying FY26 constant-currency growth of 3.1 per cent.Meanwhile, HDFC Securities also maintained its buy recommendation on the stock with an unchanged target price of Rs 1,550.HDFC Securities said fourth-quarter revenue was impacted by seasonal weakness and slow decision-making by customers. It also said Infosys’ FY27 revenue growth guidance fell short of expectations, underscoring persistent macroeconomic uncertainty.According to the brokerage, demand conditions remain soft, with clients prioritizing cost optimization over large-scale transformation projects.Given the slower growth scenario, HDFC Securities has cut its earnings estimate to 3 per cent from around 2 per cent. It currently values ​​the stock at 18 times estimated earnings per share for March 2028.(Disclaimer: The recommendations and views given by experts on the stock market, other asset classes or personal finance management are their own. These opinions do not represent the views of The Times of India)