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Stay with Infosys, may outperform: Nilesh Shah

Nilesh Shah, MD & CEO at Envision Capital is of the view that it still makes sense to be with the bellwether like Infosys as the stock may outperform.

July 21, 2015 / 12:21 IST
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Nilesh Shah, MD & CEO at Envision Capital told CNBC-TV18, "I think at this stage it still makes sense to be with the bellwether. Clearly, the other larger companies will probably still take some time for transition. There is room from purely as an investor because Infosys had very long period of underperformance and it is quite possible that that period of underperformance now translates into outperformance. So I think amongst the bellwether, amongst the blue-chips, it still makes sense probably right now to be in Infosys and ride the whole re-rating story."At 12:15 hrs Infosys was quoting at Rs 1,099.45, up Rs 97.55, or 9.74 percent. It has touched an intraday high of Rs 1,115 and an intraday low of Rs 1,022.20.

first published: Jul 21, 2015 12:21 pm

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