Infosys Stock Update: Share Price Jumps 2% Ahead of Q1 Earnings
Infosys (NSE: INFY) share price is trading up 2.31% at ₹1,066.30 in today's live stock update, driven by a rebound in the IT sector and mixed analyst expectations ahead of Q1 earnings.
Infosys (NSE: INFY) is witnessing a strong upward momentum in today's intraday trading, currently changing hands at ₹1,066.30, marking a significant gain of +2.31%. The IT bellwether opened the session at ₹1,040.60, immediately finding buying interest to reach an intraday high of ₹1,074.80. While the stock touched a low of ₹1,040.60, it has largely held firm above its previous close of ₹1,042.20. Trading volume is robust at 3,383,456 shares, suggesting considerable investor participation in today's rally.
| INFY – Stock Updates as of (9:57AM, 07 Jul 2026) | |||
LTP ₹1,066.30 | Open ₹1,040.60 | High ₹1,074.80 | Low ₹1,040.60 |
52W High ₹0.00 | 52W Low ₹0.00 | Volume 3,383,456 | % Chg +2.31% |
52-Week Context
While specific 52-week high and low data are not immediately available for this intraday update, Infosys has experienced significant volatility in its annual trading range. The stock recently dipped below the crucial ₹1,000 mark for the first time since September 2020, touching a 52-week low of around ₹984 on July 1st. This recent decline saw Infosys correcting more than 51% from its record high of ₹2,006, reflecting a broader downturn in the IT sector. Today's upward move, therefore, represents a notable rebound from these recent lows, though it still remains substantially below its approximate 52-week high of ₹1,728.
Latest Developments
Today's positive price action for Infosys appears to be a relief rally, emerging from an otherwise cautious outlook for the Indian IT sector heading into the Q1 FY27 earnings season. Several brokerages have issued previews, generally forecasting a "subdued quarter" for top IT firms due to persistent AI-driven pricing pressure, weak client spending, and global geopolitical uncertainties. The Nifty IT index has been the worst-performing major sector in India, slumping around 28% so far in 2026.
However, some analyst reports offer a nuanced view for Infosys. While JM Financial anticipates Infosys may trim the upper end of its FY27 constant currency (CC) revenue guidance to 1.5%-3% from 3.5%, they also expect an improvement in EBIT margins due to rupee depreciation and benefits from Project Maximus. Conversely, Kotak Institutional Equities projects Infosys could *raise* its FY27 revenue growth guidance to 2-3.5%, incorporating the contribution from its acquisition of Optimum Healthcare. This divergence in expectations, particularly around guidance adjustments and the impact of acquisitions, seems to be driving some selective buying today.
The company's strategic focus on AI-driven transformation and digital services, exemplified by recent collaborations and acquisitions like Optimum Healthcare IT, continues to position it for long-term opportunities, even as the immediate demand environment remains challenging. The broader Indian employment landscape is also shifting towards "precision hiring" in IT, reflecting the industry's adaptation to AI automation and specific skill demands. Today's upward movement could also be attributed to some bargain hunting following the steep corrections seen in the stock and the sector over recent months.
Outlook
Investors will be keenly watching the broader market sentiment and the upcoming Q1 FY27 earnings commentary from IT majors, including Infosys, for further cues on demand outlook, deal pipeline, and any revisions to full-year guidance. Sustained recovery will hinge on clearer evidence of demand revival and margin stability.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Jul 07, 2026 09:57 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
