Following the carnage in smaller stocks since late-January this year, many stocks are now available at a low valuation. One such stock is Allsec Technologies, with a market-capitalisation of about Rs400 crore, return on assets of 47% and price-to-earnings ratio (P/E) of just 6.4. This is extraordinary value—or possibly a value trap. Let’s take a look.
Led by A Saravanan (founder...
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