Infosys share price falls 2.5% after guidance cut, new CEO announcement during Q1 results: buy, sell or hold?

Infosys reported a 12.3% YoY rise in Q1FY27 consolidated net profit to Rs 7,769 crore, though it fell 8.6% sequentially. Revenue grew 14% YoY to Rs 48,211 crore, with constant currency growth at 2.4% YoY. The company narrowed its FY27 constant currency revenue growth guidance to 1.5%-3% from the earlier 1.5%-3.5% range, while retaining its 20%-22% operating margin band; shares fell 2.5% intraday to Rs 1,023.30 on BSE. The firm also appointed Ashiss Kumar Dash as CEO-designate effective April 1, 2027, for a five-year term, with Q1 TCV at USD 3.6 billion versus USD 3.2 billion in the prior quarter.