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Exit Infosys, says Vijay Chopra

Vijay Chopra of enochventures.com is of the view that one may exit Infosys.

December 14, 2017 / 03:47 PM IST

Vijay Chopra of enochventures.com told CNBC-TV18, "Infosys has the potential of going to Rs 1,050-1,100. However, fundamentally speaking, I am more comfortable with Tata Consultancy Services (TCS). So once the stock gets there, probably book out Infosys and get into TCS."

"The rationale I gave is because they have a new management at the helm; although Nandan Nilekani is still there but they have a new CEO and we are still to hear anything he has announced or any new strategic moves the company would be making. So let us give some time to Infosys. I think that there would be a rally in information technology because the entire sector has been sideways for quite some time. So, I would prefer a TCS over Infosys. I think TCS also has a huge potential going forward," he added.
CNBC-TV18
first published: Dec 14, 2017 03:37 pm
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