Expect runaway-rally in Infosys: SMC Capitals

In a chat with ET Now, Jagannadham Thunuguntla, Equity Head, SMC Capitals, shares his views on Infosys.

ET Now: Would you be looking at a bullish call on Infosys despite the slowdown that the company seeing in earnings?

Jagannadham Thunuguntla: Not necessarily. It is just out of the many of the challenges that the company has been facing along with with internal management challenges. One of them has been resolved, so that is good. But it does not mean that it will translate too much into the earnings momentum or enthusiasm. Till the time that gets established, it may expect a runaway rally in Infosys.