OFSS was like ITC, 2 years back.
There were lot of pessimistic views from Analysts and that was the time to invest. When Dividend Yield of any stock goes above 5%-6% which was the case with OFSS 2 years back, Downside risk is generally low and upside depends on its earnings performance.
OFSS now looks slightly overvalued as some of the EPS growth in Licensing its cloud based products may sustain or may not sustain.
A usual, I may be wrong in my analysis and understanding.
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