The valuation (low compared to historical) is very similar to another such company Sasken. It has good management, is in the niche communication space, and had a potential products story. However, the Product biusiness has gone nowhere, their services business is still doing decently--and the stock has come down a lot in terms of valuation and expectation. Current P/E is just 9, P/B is 1.1 business seems to be improving for their end customers in Comms and Semiconductor industries, so Sasken should do better going forward.

Yesterday there was a 20% flare up in the price of TAKE--could not see any announcement that could have caused it. Did not see any bulk deal either. Any idea whats up ?

subu... u hit the nail on sasken...it has been more than 25% over years..some of my friends working there have updated in past n he to told thats the problem