INDIA MARKET LENS
Companies▼ Negative

Indian IT giants' H-1B visa registrations fall amid Trump's crackdown; Infosys, Cognizant, TCS report fewer entries

Infosys moved lower for FY2027.

· LiveMint Companies

H-1B registrations by Infosys, TCS and Cognizant fell sharply for FY2027 amid higher visa costs and a wage-weighted selection system. The figures reflect fresh entries in the annual cap selection process, rather than total H-1B employment.

Period
FY2027

Against that, the stock is -2.1% on the day at ₹1,136.50, and has returned +7.3% over three months. It sits 33% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +4.0% over the same period, so Infosys is running 3.3 points ahead of its peers.

For Infosys, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.

  • The company directly in focus is INFY.
  • Sector exposure: IT.
  • The immediate tone of coverage reads negative.