Infosys looks positive at this juncture: Rajen Shah, Angel Broking

In a chat with ET Now, Rajen Shah, Chief Investment Officer of Angel Broking, shares his views on Infosys. Excerpts:

ET Now: What is your outlook on Infosys?

Rajen Shah: Infosys certainly looks positive. I've heard some ex-Infosysians are considering a buyback. It has got a huge cash - about 25000 crore or a bit more than that - and a buyback at this stage would certainly give a much needed confidence to the shareholders who feel that growth has slowed down in Infosys. Thus, it would certainly be a trigger for the stock at this juncture.