Infosys buyback sensible amid global uncertainty, says Trip Chowdhry
By
Binu Mathew
Infosys’ recent share buyback has become a talking point in the market. While some investors were left underwhelmed by the premium, industry veteran Trip Chowdhry believes the decision is pragmatic given the global and sectoral challenges facing IT companies.
Speaking to ET Now, Chowdhry explained that the move should be seen in context rather than in isolation. “In the current situation, it makes sense. The sole purpose is to reduce shares and boost EPS down the road. Investors may be disappointed, but given tariffs, AI, and reinvention, Infosys has done the right thing.”
