SecureKloud - Earlier known as 8k Miles softwares

Suresh Venkatachari is a chairman of SecureKloud. He (https://www.linkedin.com/in/suresh-venkatachari-9326b29a/) was arrested by ED in March 2023 in money laundering case.

Promotores cooked up the books of the company and were involved in fraudulent activities. So in short, this stock nosedived due to poor corporate governance.

Stock was trading at around 928 in 2017 but in 2023 it was trading at around 32. That's a massive wealth destruction. But retail investors who are unaware of bad promotors have been still buying this stock.

Kellton Tech story

Corporate governance is good at Kellton but revenue growth was stagnant from 2017 to 2023. That's why stock price also remained stagnant and market was also not giving better premium in terms of PE ratio. As of April 2023, stock price is trading at PE of just 7 and price to sales ratio of 0.57 Book value is almost equal to current share price of 52.6 Operating margin is aroun 12%

Ksolves

As of April 2023, stock price is trading at PE of around 30 and price to sales ratio is 10 which is very high valuation. Also book value is at 15.3 and current share price is 592. So it's an expensive stock in terms of liquidation valuation. Operating margin is at 43% which is not sustainable.