Accelya Kale Solutions-Niche & Sticky Business

Just no growth https://www.bseindia.com/xml-data/corpfiling/AttachHis/2727e2e7-fdc3-4969-8ab3-4a8d04b719db.pdf
The business is still stuck in that 80-90 crores quarterly run rate and 30 odd crores of EBITDA. Wonder whether this is becoming a value trap?

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