Hello @manishinlucknow : Forgot to mention about promoter issues-------I said it is not so good that does not mean they are bad/very bad. Actually the books are clean(as the biggest IT dept officers did not get any issues in the books during the inspection in the latest IT raids----so actually the raid has indirectly helped retails/small investors to know that the books are okay , otherwise IT dept could have lodged case in High Court if they have got any major issue in company's books)------so the promoters are not fraud for sure and no major/proved crime/money laundering etc....but then also I said not so good as I did not get reply of my email which I sent to them(however this is not the only company from where I did not get reply, some good management also did not reply of emails) and they do not share their future growth plan(we are getting to know the 45% CAGR growth from result, but good companies give future earning estimate way before and shares the rough estimates, plans etc....which itself gives strength to the stock even before reporting the actual results----that's how market works, market discounts the future growth potential way before that happens actually)---but as Neo managements are not doing that, the stock does not get strength and investors are not clear about the future growth potentials----------------and also I don't like their process of paying dividend via cheques in today NEFT era---these the reasons why I did say they are not good--------not sure if promoters are doing it deliberately to keep price low and buying time to save money to buy the shares at low price------seeing the growth and books clean, every promoter will try to add more----------actually the Trivedi family has increased the stake in the company by about 3 % but then that they have bought from other small promoter group entity that's why no change in total promoter holding-------so this is also a positive that the founder Trivedi family has increased the stake and Son of MD Sunil Trivedi is also a director in the board , so successor plan is there and their son will takeover from father sometime in future------------so the bottom line is lets keep tracking this company and if debt are reduced, profitability improves, growth continues, promoter increases stake then we will get more confidence in the company------waiting for the SHP of Q2, hopefully we will see some positives(if not promoters then VLS finance must be increasing their holding)-----
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