niravshah123 you are right dont see the stock going up and is good time for profit booking, the concerns mentioned given below:
1. Aap Ke Dawar : the project has not yet taken off as projected and the animal taging project has not yet been commssioned and handed over, this gives serious doubts on Bartronics delivery capability
2. UID is going to be an non smart card system as per UID chairman.
3. Bartronics has not a participant in any major smart card programs / projects under taking in Govt or Pvt sector again this gives doubt from where is the business comming
4. The deployed investments for acquitions is not contributing to the top line as projected
| NIFTY 
