The company is into the business of cloud experience solutions with prominence on cloud security, compliance and automation. The company has fetched revenue from cloud transformation (43%), managed services (30%), security solutions (12%) and consulting (1%) in FY17. The company has posted exuberant growth of 96.5% and 163% in revenue and PAT, respectively, in FY17. Moreover, it has been posting consistent quarterly topline and bottomline growth since September 2014 and had reported 17.3% and 11.2% revenue and PAT growth, respectively, in Q2FY18. The company is eyeing revenue of over USD 200 million over the next two-year period with cloud industry growing at a faster pace than traditional IT and with higher opportunities from the healthcare sector. We, therefore, recommend a BUY in the scrip for a target of ₹620 and with a stop loss of ₹504.