Why Infosys revises its forecast for the financial year 2024 to a lower guidance?
This statement means that Infosys has updated its financial forecast for the fiscal year 2024, and the new guidance is lower than what was previously expected. The revised forecast could indicate that the company expects lower revenue, profits, or growth for that year. This type of revision can happen due to a variety of factors, such as changes in market conditions, economic trends, or company performance.Where will be the major impact?