Infosys buyback sensible amid global uncertainty, says Trip Chowdhry

Infosys’ share buyback is viewed as a pragmatic move amidst global IT challenges, according to Trip Chowdhry, who anticipates similar actions from other Indian IT firms. While immediate stock jumps are unlikely, the buyback aims to boost EPS. Chowdhry also advises caution regarding AI pricing and visibility in the U.S. market, contrasting Indian firms’ approach with IBM’s holistic AI strategy.