Infosys shares fall 2.7% as company cuts FY27 revenue growth forecast amid AI pressure

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 ​Tata Consultancy Services and HCLTech met revenue estimates with modest margin performance, ​but investors cheered the uptick in AI revenue.