After their recent results I was expecting stock to drop lower, but it came back today. I just cursorily verified their patents at Google scholar Google Patents. Not a big fan of patents, but they seem to have world class capabilities in fiber and fiber-connect. Service org also seems to be ok, led by an ex-TCS guy and talking in “resourcing” language. Not a great differentiator in my opinion, but a good support org which has been scaled well recently. Better than having likes of ITES companies as partners for this kind of work.
I was thinking stock would drop a lot from 140+ levels going by recent results, but I also strongly believe one can never time the market. I’m confident about the company’s fundamentals and capabilities though, but vacillating if US/EU recession will affect their business. Reading other OF companies for business outlook.
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