Below Rs 1500 Infosys a good investment bet: K Karwa

Krishna Kumar Karwa, MD of Emkay Share & Stockbrokers is of the view that below Rs 1,500 Infosys should be a decent investment opportunity.

Karwa told CNBC-TV18, "The way the guidance given by Infosys, the rupee guidance at around Rs 100 at 43 being the dollar-rupee kind of conversion at these levels its only a small premium to the Nifty or the Sensex earnings PE as such. In fact all things being reasonable, we would think that anything below Rs 1,500 this stock should be a decent investment opportunity but everything is relative. Let’s see how the markets behave and what kinds of investment opportunities are available when Infosys is available at those levels."