@Vileh , your note makes a lot of sense, and I totally agree with your thesis, rather than cg issues, shady past, Forbe’s article etc. Just adding to your note is a surprise big hit to their margins in Q1, which the street was not prepared for. However, management’s con call stated that Q1 was just one off kind hit and there might be a little carry over of margin hit in Q2 as well. But rest of the FY should be back to normal. I think Q2 will be a key watch out if what management says is true.
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