Infosys, TCS, HCLTech shares shed up to 3% after Accenture results dampen sentiment
By
CS Mathew
Shares of IT stocks, including TCS, HCL Tech, and Infosys, fell up to 3% following the release of Accenture’s second-quarter results for fiscal 2025. Accenture raised only the lower end of its revenue growth forecast, now expecting annual growth between 5% and 7%, compared to its prior forecast of 4% to 7%.