They have taken 2 years and still no dividend policy announcement. It is clear that there is not going to be any dividend but a acquisition announcement likely in April/May. The biggest give away was the statement that they hope to reach the target of 10000 employees including organic and inorganic, by 2025.
They have given negative returns over the last 13 months. Scaled down growth to 15-20% from the earlier claims of 25-30%.
Management seems to have no clue about NCLT approval of merger. Price will underperform till they realise that rewarding shareholders is important. Converted a large holding into Pricol and Data Patterns and both have doubled since April/May.
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