Karthik,
Thats a pretty comprehensive analysis , and what I like abt it is the dual approach u followed (FA plus TA), which I have been advocating on this forum
Out of curiousity though, whats is your source of the sequential growth figs (marked red above) ..... I am not able to reconcile with the figs in co's own release (see
http://www.hexaware.com/fileadd/Press-Release-Q1-06.pdf
which suggests an altogether different scenario. Or am I missing something ??
ICICI Research site gives comparison only with Q1/05 , whereas Myiris.com Financials page does not go more recent than 03/2004 !
Thanks
AGILENT