Rupee weakness to boost IT earnings in Q4, BoFA says; Here are some FY27 projections

BofA Securities expects Infosys to retain its EBIT margin guidance in the 20%-22% band, with FY27 revenue growth seen at 1.5%-4.5% year-on-year in constant currency terms. For HCLTech, revenue growth guidance is estimated at 2.5%-5.5% year-on-year in constant currency.