Maybe even higher than 11-12%

Chill Brother, no one is comparing HDFC with Yes Bank, it’s a metaphor or sarcasm. In Hindi, I’ll say, sab log itna baal ka khaal nikaal rahe hai, kiya chahhte hai iska price Yes Bank tarah gir jaye. See no comparison, Yes Bank is just a placeholder I could have used some other company name.

Yes I know. What I meant was, how can you compare it to Yes bank? Who is saying that HDFC Bank has bad quality loans and has underlying asset qualities issues? Anyways, I won’t reply more to this in order to not spam this thread.

Very articulate response. Yes they try to offer a bit more than only service but a long way to go. Have done a background check with their clients who seem to be happy with the overall approach of the management. Being a Rathi for the employees they are bit tight on expectations but at the same time give lot of exposure to newer technologies. This company may have some gestation period before they spurt out. H2 is expected topline of 65 Cr. but 200 CR plus is coming year is over ambitious. Vinita is very very hardworking and ambitious. At times you need a over ambitious person at the top to drive the system. Ashish Kacholia who has 3.1% stake ( as per last trendlyne) may have increased now is also supposedly guiding the management, Its very difficult to compete on service alone but being a UK parent company they have recognition especially among startups. Hopefully they should do well in a couple of years. Disclosure: Invested and may be biased. No recommendation intended.

Correct. Elecon may very well surprise with the Q4 numbers and results.

Solid company and good future prospects.

Strictly a portfolio company and not meant for trading.

Invested and happy.