Infosys Stock Update: Share Price Slips 2.5% on DOJ Probe, Revised Guidance
Infosys (INFY) share price trades at ₹1,136.85, down 2.50% today, as the stock update reflects market reaction to an ongoing DOJ H-1B visa investigation and revised FY27 revenue guidance.
Infosys (NSE: INFY) is witnessing significant selling pressure in Tuesday's intraday trade, with the stock currently trading at ₹1,136.85. This marks a notable decline of 2.50% from its previous close of ₹1,166.00. The IT major opened the session lower at ₹1,151.95, struggled to gain momentum, hitting an intraday high of ₹1,154.65, and has since drifted towards its day's low of ₹1,131.05. Volume on the counter stands at 1,404,863 shares, indicating active participation amidst the price fall. Reliance Industries Stock Update: Share Price Dips Amid Cautious Trade.
| INFY – Stock Updates as of (9:31AM, 27 Oct 2026) | |||
|
LTP
₹1,136.85 |
Open
₹1,151.95 |
High
₹1,154.65 |
Low
₹1,131.05 |
|
52W High
₹0.00 |
52W Low
₹0.00 |
Volume
1,404,863 |
% Chg
-2.50% |
52-Week Context
Today's decline pushes Infosys further away from its 52-week high of ₹1,728.00, reached during a robust period for the IT sector. The current trading price of ₹1,136.85 places the stock approximately 34.3% below its annual peak. Conversely, it remains well above its 52-week low of ₹980.40, providing some floor for now. The downward movement is testing intermediate support levels, and continued weakness could bring the stock closer to its yearly troughs.
Latest Developments
The primary drivers behind today's negative sentiment appear to stem from a combination of recent disclosures and cautious guidance. Most notably, Infosys disclosed yesterday, October 26, 2026, that it is engaged in discussions with the U.S. Department of Justice (DOJ) regarding an ongoing investigation into the classification of certain H-1B visa holders in immigration documentation. The company has stated that it is unable to forecast the investigation's conclusion or assess if it will result in a material adverse impact on its business or financial performance. This news adds a layer of uncertainty, impacting investor confidence. This development follows a broader US administration decision to temporarily restrict eight prominent technology firms, including Infosys, from participating in the initiative that allows employers to petition for permanent residency (green cards) for international workers.
Adding to the pressure are the Q2FY27 results announced on October 23, 2026, where Infosys lowered its full-year FY27 revenue growth guidance to 1-2% in constant currency, down from the earlier projection of 1.5-3%. This revised outlook, attributed to a challenging demand environment and pricing pressures, has been flagged by several analysts as a key concern. Although the company reported a 6.23% year-on-year increase in consolidated net profit to ₹7,823 crore and strong large deal wins totaling $5.2 billion in Q2, the cautious guidance and an reported Q2 EPS miss have overshadowed these positives. A securities law investigation is also reportedly underway to ascertain if Infosys misled investors prior to the earnings release.
Outlook
Investors will closely monitor any further developments regarding the DOJ investigation and the broader commentary from management on client spending. For the remainder of the session, the stock’s ability to hold above its intraday low of ₹1,131.05 will be crucial, with any significant breach potentially inviting further selling pressure.
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 Oct 27, 2026 09:31 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
