JM Financial maintains buy rating on Infosys amid steady demand
after close1 source ↓written by the desknot a recommendation
- YoY
- 3–3.5%
- of Infosys revenue
- 41.4%
JM Financial reiterated its buy rating on Infosys, maintaining a FY26 revenue growth guidance of 3–3.5% YoY. The firm noted a steady demand environment and early signs of recovery in discretionary spending, particularly in financial services and energy sectors, which account for 41.4% of Infosys' revenue. The deal pipeline remains strong, focusing on transformation and cost-efficiency initiatives.
Not investment advice. For informational purposes only.