{"id":9480,"date":"2026-04-27T21:01:07","date_gmt":"2026-04-27T15:31:07","guid":{"rendered":"https:\/\/banitoday.com\/brutal-selloff-infosys-loses-over-rs-2-lakh-crore-in-value-slips-out-of-indias-top-10-most-valued-firms\/"},"modified":"2026-04-27T21:01:07","modified_gmt":"2026-04-27T15:31:07","slug":"brutal-selloff-infosys-loses-over-rs-2-lakh-crore-in-value-slips-out-of-indias-top-10-most-valued-firms","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/brutal-selloff-infosys-loses-over-rs-2-lakh-crore-in-value-slips-out-of-indias-top-10-most-valued-firms\/","title":{"rendered":"Brutal selloff: Infosys loses over Rs 2 lakh crore in value, slips out of India\u2019s top 10 most valued firms"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130549327,imgsize-35946,width-400,height-225,resizemode-4\/infosys.jpg\" alt=\"Brutal selloff: Infosys loses over Rs 2 lakh crore in value, slips out of India\u2019s top 10 most valued firms\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/infosys\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Infosys<\/a> is no longer enjoying the strong investor confidence that it once did. This year, the IT giant, long seen as one of Dalal Street\u2019s reliable compounders, has come under heavy pressure.<!-- --> The company fallen out of India\u2019s top 10 most valued companies, after seeing a wipe out of more than Rs 2 lakh crore in market value.<span class=\"id-r-component br\" data-pos=\"4\"\/>The selloff further gained pace after its latest quarterly update, as the stock fell almost 7% in Friday\u2019s session alone. So far this year, the stock is down about 30%, leaving the company\u2019s market capitalisation at around Rs 4.9 lakh crore, a sharp drop for a firm that is a key Nifty&#8217;s bluechip constituent.<span class=\"id-r-component br\" data-pos=\"8\"\/>This market reaction comes despite a solid performance in the March quarter when Infosys reported a 13% year-on-year rise in revenue to Rs 46,402 crore. At the same time, the firm\u2019s net profit stood at Rs 8,501 crore, beating expectations.<span class=\"id-r-component br\" data-pos=\"10\"\/>However, its outlook for FY27, forecasting constant currency revenue growth of 1.5% to 3.5%, fell short of what the market was hoping for, raising concerns about slower growth ahead.<span class=\"id-r-component br\" data-pos=\"13\"\/>Analysts say the pressure on the company reflects deeper changes in the industry. Axis Securities pointed to weak discretionary spending, with clients focusing more on cutting costs and consolidating vendors. <span class=\"id-r-component br\" data-pos=\"15\"\/>&#8220;Demand remains muted across sectors as clients focus on resilience and cost efficiency,&#8221; the brokerage stated as cited by ET, noting that growth is now being fueled more by productivity improvements than expansion.<span class=\"id-r-component br\" data-pos=\"18\"\/>This shift is changing how demand looks for IT services firms. While large transformation projects are slowing, interest in artificial intelligence and automation is picking up.<span class=\"id-r-component br\" data-pos=\"20\"\/>Infosys has been stepping up its AI approach through its Topaz platform and partnerships with global technology firms, according to ET. Inside the company, AI tools are already widely used, with over 30,000 developers working on productivity platforms. <span class=\"id-r-component br\" data-pos=\"23\"\/>These efforts are starting to open up new opportunities, especially in areas like data, cloud and automation-led services.<span class=\"id-r-component br\" data-pos=\"25\"\/>At the same time, analysts warn that AI is also putting pressure on existing business. HDFC Securities noted that the efficiency gains from AI are being passed on to clients. &#8220;AI-led productivity gains are being passed on to clients, leading to deflation in the core business,&#8221; the brokerage said as cited by the financial daily, adding that this is offsetting gains from new deals.<span class=\"id-r-component br\" data-pos=\"28\"\/>Demand remains uneven across sectors. <span class=\"id-r-component br\" data-pos=\"30\"\/>Financial services and energy are holding up well, backed by continued investment and outsourcing. But sectors like manufacturing, retail and telecom are staying cautious due to macroeconomic uncertainty, geopolitical tensions and weak consumer demand.<span class=\"id-r-component br\" data-pos=\"32\"\/>On a more positive note, deal wins have stayed strong. Infosys signed contracts worth $14.9 billion in FY26, up 24% year-on-year, with more than half being net new deals. <!-- -->This shows that clients are still committing to long-term projects, even if execution is taking longer.<span class=\"id-r-component br\" data-pos=\"36\"\/>Meanwhile, Elara Securities has maintained a relatively positive view, pointing to better visibility on client behaviour as the company heads into FY27. It also highlighted improvements in revenue per employee and EBITDA per employee as signs of better efficiency, though it has cut earnings estimates and lowered its price target in line with the softer growth outlook.<span class=\"id-r-component br\" data-pos=\"38\"\/><span class=\"em strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)<\/span><span class=\"id-r-component br\" data-pos=\"40\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/brutal-selloff-infosys-loses-over-rs-2-lakh-crore-in-value-slips-out-of-indias-top-10-most-valued-firms\/articleshow\/130548342.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys is no longer enjoying the strong investor confidence that it once did. This year, the IT giant, long seen as one of Dalal Street\u2019s reliable compounders, has come under heavy pressure. The company fallen out of India\u2019s top 10 most valued companies, after seeing a wipe out of more than Rs 2 lakh crore [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9480","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/9480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=9480"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/9480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/9481"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=9480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=9480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=9480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}