Expleo Solutions (Earlier: SQS India BFSI) - A niche Small Cap Value Pick

They had a one time settlement last quarter which makes it look inflated; without that there is sequential QOQ growth as well; YOY already looks good. Admitted slowdown but guided for mid teens growth and doubling of revenues in 3 years along with non linear growth to increase the employee count from 4k to 10k .

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