Infosys is a good buy below 2450-2500: Prashastha Seth

Prashastha Seth, Senior Fund Manager, IIFL Wealth, India Infoline, talks to ET Now on various stocks.

At what price point, you would be tempted to buy Infosys?

Any levels below 2450-2500 would give you a fairly decent entry price with respect to Infosys. Earnings would probably be in the range of 175-180 kind of levels for the next year, so 13-14 times one year forward would probably provide you a good entry point for Infosys.

You might probably also get a better set of results that management had guided for in the next quarter, so at those levels, your downside seems to be fairly limited and you could have a potential upside in case things turn out to be slightly more positive than what the management had guided for, so I would be a buyer at 2450-2500 kind of levels for Infosys.