Revenue not increasing much in last few quarters, eps growth is due to margin expansion
Company have 100 odd cr on balance sheet which they have promised to do an acquisition but still not done. Market doesnt like uncertainty.
This was funda part, regarding other side promoter holding is 50% (free float is high) number of shareholders increased by 1000 in latest shareholding pattern (clear signs of distribution)
My take, may be wrong. (Recently exited and shifted to Sahana)
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