Nomura picks Infosys as top IT pick, sees FY26 guidance hike positive despite Q3 PAT decline
- Posted on January 15, 2026
- By Business News Today
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Nomura picks Infosys as top IT pick, sees FY26 guidance hike positive despite Q3 PAT decline
Nomura retains a ‘Buy rating on Infosys with a target of Rs 1,810, despite a 2% YoY dip in Q3FY26 net profit. Revenue rose 9% YoY, large deals surged 94%, and the company raised FY26 growth guidance. Margins remain stable, with a strong focus on BFSI, EURS, and AI services.
