Brokerages back Infosys on guidance, deals

Infosys, a leading player in the IT services sector, has received a vote of confidence from major brokerages such as Nomura and Jefferies following its Q3 FY26 performance. The company's shares are buoyed by a positive outlook, as these endorsements highlight its robust financial health and strategic positioning in the market. This comes amidst a competitive tech landscape, where maintaining growth and profitability is paramount. Nomura and Jefferies have praised Infosys for its solid execution and ability to secure significant deals, which are expected to drive future growth. The brokerages have noted that the company's strategic initiatives and investments in digital transformation and cloud services are paying off, reflecting in its improved guidance. By aligning its offerings with market demand, Infosys continues to strengthen its foothold in key markets across the globe. Investors are closely watching Infosys as it leverages its strong performance to navigate economic uncertainties. The brokerages' endorsements serve as a testament to the company’s resilience and strategic acumen. As Infosys gears up for the next quarter, stakeholders remain optimistic about its ability to sustain momentum and deliver value, reinforcing its status as a formidable force in the IT industry.

— Authored by Next24 Live