Few things that concern me after recent fall:
- Be cautious when investing Co is having B2G model and concentrated on few clientbase since backing up of single client may cause setbacks and future guidance ( just like we have recently seen in Co not getting PAN -2.0 order from IT ).
- Co has seen few resignation in recent past which should be taken into concern.
- Co has approx lost future revenue of Rs 1400 c which was supposed to come from PAN 2.0 project, now personally i feel rerating will happen only after Co book substantial new orders justifying that amount till then investor need to have patience which may go longway.