Infosys Ltd. | Photo credit: Hollie Adams
After Wipro, the stockbrokers have reduced the prices target information in the midst of the upper line failure and global uncertainties. Infosys on Thursday reported a 11.7 percent decrease in the net consolidated benefit of the fourth quarter to ₹ 7,033 million rupees. You also reduced its income guide to FY26 to 0–3 percent in terms of constant currency (CC).
The institutional actions of Nuvama expect the demand environment to remain challenging for a couple of quarters due to the macro uncertainty. However, the company has not yet seen any change in the terms of execution of agreements.
Meanwhile, Elaara Capital has improved the actions of the reduction to accumulation, citing the visit of at least low Dighth in this uncertain environment.
Nuvama added that the results of the weak Q4 were driven by the lower income of third parties. The brokerage has maintained the purchase rating in Information and at a slower objective price of ₹ 1,700 of ₹ 1,870 before, almost 20 percent of upward potential of the previous closure.
The great technology announced the results of the results after the market on Thursday. The action closed to ₹ 1,420.20 (+0.51 percent) in the EEB.
Return in the head incoming
Nuvama has cut EPS estimates of fiscal year 26 at 3.7 percent, and EPS estimates of fiscal year 27 at 4.6 percent, in the revenue failure of the fourth quarter.
However, brokerage is positive in the sector from a middle -to -lung perspective, since technological debt remains very high for companies, which will guarantee revival in spending as the macro improves.
His Fy26 guide suggests winds against the short term, Elara analysts observed. According to them, the income growth guide or 0-3 percent for fiscal year 26 seems realistic, considering uncertainty in the short term due to the interruption related to the rate.
Analysts have taken into account the growth of income of 1.3 percent in estimates of the fiscal year 26 (0.7 percent organic) followed by a 4 percent growth in fiscal year 2017, since Infosys is likely to be a beneficiary when discretionary expenses spend.
“The growth is likely to be withdrawn in the fiscal year27. We are not building in any expansion of the material margin, since the guide of the margin band without changes for the fiscal year 2016 suggests limited margin levers in our opinion,” they added.
Elara has reduced profing estimates of fiscal year 26-27 by 6-8 percent and reduced the target price to ₹ 1,530 from ₹ 1,830 before.
Emkay Global has maintained the purchase at the revised target price of ₹ 1,650.
Posted on April 18, 2025
