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India's Infosys falls after revenue growth view cut flags AI, competitive pressures

Oct 26 (Reuters) - Shares of India's Infosys fell 2.7% on Monday after ⁠the software exporter sharply cut its fiscal 2027 revenue growth forecast, ‌underscoring challenges from AI-driven pricing pressure, tougher competition and sluggish demand in key markets.

The Star MalaysiaMridula Kumar, Sai Ishwarbharath B查看原文 ↗
印度Infosys股价下跌,此前该公司下调营收增长预期,凸显人工智能和竞争压力。

FILE PHOTO: The Infosys logo is displayed during a press briefing, following the company's quarterly results announcement at its headquarters in Bengaluru, India, July 23, 2026. REUTERS/Priyanshu Singh/File Photo

Oct 26 (Reuters) - Shares of India's Infosys fell 2.7% on Monday after ⁠the software exporter sharply cut its fiscal 2027 revenue growth forecast, ‌underscoring challenges from AI-driven pricing pressure, tougher competition and sluggish demand in key markets.

The firm was the last of the top 5 to report earnings for the Indian IT sector. Earlier this month, ​peers TataConsultancy Services and HCLTech met revenue estimates ⁠with modest margin performance, but investors ⁠cheered the uptick in AI revenue.

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