Hey there!
I would like to tell my (shareholder) side of the story.
First of all, I love to invest in listed subsidiaries of Global MNCs in India.
(Invested in Siemens, 3M, Honeywell, Heidelberg etc)
The most important reason for me to ignore this stock, was due to its struggling parent. Oracle has been the name of past which maybe didnt adapt with time.
In cloud infrastructure, it’s biggest competitor is AWS and MS-Azure. Amazon is, well, known to disrupt every industry it’s present in.
The next big thing is Cloud softwares, here too, Salesforce leads the pack.
A decade or so, ago, Oracle’s ERP was the best, but companies have since start to offload it.
Not that I (or anyone should) follow big investors, but Buffett too, sold his stake in Oracle.
These things are related to the parent company and not the Indian subsidiary per se, but it is a big red flag for me (may or may not be someone else).
There might be some corporate governance issues as well →
Coming to the Indian subsidiary, their 10-year Sales and Profit growth have been mediocre at best, hence I considered other alternatives.
Disc - Not invested.