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Infosys shares brace for selloff post FY24 guidance cut. Stock may underperform peers, say analysts

Infosys: If an overnight 7 per cent fall in Infosys American depositary receipt (ADR) is any hint, Infosys shares are likely to see a steep fall as the market opens on Friday. This could be a similar fall that the stock witnessed post Q1 results.

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tcs buyback: Breaking down IT's earnings season and buyback bonanza

“The challenges which the IT companies had still continue. They have worked very hard to ensure the cost escalation does not happen. They have also worked towards gaining large orders.” ....

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Infosys Q1 aftermath: Buy ratings tumble on guidance cut; check out consensus target

As per Bloomberg, Infosys EPS for Q1 FY24 came in at Rs 14.37 versus estimates of Rs 15 ....

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Infosys net profit jumps 11% to Rs 5,945 crore; Dunzo begins fresh layoffs amid deepening crisis

The company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. Infosys now sees revenue growing just 1-3.5% in constant currency terms, against 4-7% earlier. ....

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Infosys cuts FY24 forecast, misses Q1 profit estimates

Analysts surveyed by Bloomberg estimated a June quarter profit of ₹6,245 crore on revenue of ₹37,843 crore ....

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