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

Infosys secured new business in a quarterly results development for Q2 FY27.

· Economic Times Markets, ET Stocks, LiveMint Markets

Infosys shares rose on Friday ahead of the IT major’s Q2 FY27 results, with analysts expecting an 11% year-on-year rise in revenue and an 8% increase in net profit. Investors will track management commentary on client spending, large deal wins and AI-led pricing pressure, alongside the company’s full-year revenue growth guidance.

Period
Q2 FY27

Infosys reported movement of 3%, 8% and 11% for Q2 FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +1.0% on the day at ₹1,164.45, and has returned +9.6% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +4.6% over the same period, so Infosys is running 5.0 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.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is INFY.
  • Sector exposure: IT.
  • The immediate tone of coverage reads positive.