Infosys Stock Update: Shares Slip on Lowered FY27 Guidance
Infosys (INFY) share price trades at ₹1,167.80, down 0.71%, as lowered FY27 revenue guidance and institutional stake reduction weigh on the stock update.
Infosys (NSE: INFY) is currently experiencing a dip in intraday trade, with its share price trading at ₹1,167.80. This marks a decline of 0.71% from its previous close of ₹1,176.10. The IT major opened the session marginally lower at ₹1,170.00, touching an intraday high of ₹1,170.00 before finding its low for the day at ₹1,161.20. Trading volumes remain relatively subdued at 634,963 shares, suggesting a lack of strong buying conviction amidst the current downward pressure. Stocks To Buy or Sell Today, August 13, 2026: Tata Motors, Astral and Lenskart Among Shares in Focus on Thursday.
| INFY – Stock Updates as of (9:39AM, 13 Aug 2026) | |||
|
LTP
₹1,167.80 |
Open
₹1,170.00 |
High
₹1,170.00 |
Low
₹1,161.20 |
|
52W High
₹0.00 |
52W Low
₹0.00 |
Volume
634,963 |
% Chg
-0.71% |
52-Week Context
While specific 52-week high and low figures for the stock are not immediately available for direct comparison in the provided data, recent reports indicate Infosys has been trading significantly off its 52-week high of ₹1,728.00, having registered a 52-week low of ₹982.40. The stock has faced a challenging period, recording a decline of 20.5% over the past six months and nearly 18.92% over the last year. Today's fractional decline sees INFY remaining well within its established short-term trading range, neither testing crucial annual support nor resistance levels.
Latest Developments
The primary catalyst for Infosys's current decline appears to be the recent downward revision of its full-year FY27 revenue growth guidance. The company lowered its revenue growth outlook to a range of 1.5%-3%, citing persistent global economic uncertainty and a cautious approach to technology spending from clients. This conservative outlook, announced after its Q1 FY27 results, has tempered investor sentiment, despite the company reporting a consolidated revenue of ₹48,211 crore for the quarter, a 14% year-on-year increase, and a net profit of ₹7,769 crore, up 12.2% year-on-year. However, the net profit for June 2026 was down from the previous quarter ending March 2026.
Adding to the cautious mood, news emerged yesterday, August 12, 2026, that the Life Insurance Corporation of India (LIC) significantly reduced its stake in Infosys by ₹10,229 crore during the first quarter of FY27, which concluded on June 30, 2026. This substantial institutional selling has likely weighed heavily on investor confidence. Technically, the stock also witnessed a decline below its 100-day Exponential Moving Average (EMA) yesterday, signaling potential weakness. Analyst sentiment reflects this cautious stance, with a consensus "Hold" rating as of August 12, 2026, and some analysts trimming their price targets following the guidance cut. HSBC, for instance, downgraded its rating on Infosys due to the guidance cut and client losses.
While the broader Indian IT services sector anticipates a moderate growth of 4-6% in USD terms for FY26, driven by a surge in AI services demand, these broader positive trends are currently being overshadowed by Infosys's specific guidance challenges and institutional exits. Infosys itself has been active in securing new AI-led IT transformation deals, recently expanding partnerships with Metsä Group and Crocs, Inc.. However, these long-term growth drivers are not yet sufficient to offset the immediate concerns impacting the stock's performance.
Outlook
For the remainder of the trading session, market participants will closely monitor any further developments regarding global client spending patterns and broader macroeconomic indicators, which continue to influence the IT services sector. The immediate trajectory of Infosys shares will likely hinge on whether the current selling pressure eases or if fresh buying interest emerges to support the stock.
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 Aug 13, 2026 09:37 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
