Savita Oil Technologies: Undervalued midcap in a competitive space?

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The company has announced that it will consider the proposal for buyback of shares along with the Quarterly results , in the board meeting on 03 August . This will be the Third buy back undertaken by the company ( but the first one after spilt of shares has taken place).

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Sharing the latest investor presentation

https://www.bseindia.com/xml-data/corpfiling/AttachLive/fe9af0f1-c123-4964-a8a1-216792f89924.pdf

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Why are constantly Mutual Funds Adding this? Anything we are missing?