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Infosys shares jump 3% ahead of Q2 earnings announcement. What to expect?

Infosys shares jump 3% ahead of Q2 earnings announcement. What to expect?

Brokerages expect revenue to grow 11% and profit 8%, but warn Infosys may cut its full-year growth forecast as clients hold back on spending.

Infosys shares rose 3% on Friday ahead of its July–September results, after a 16% gain in a month.

Seven brokerages expect revenue of about ₹49,384 crore and net profit of about ₹7,965 crore.

Analysts expect the company to lower its full-year revenue growth forecast, so investors will watch what management says about AI and deal wins.