Good reporting. But reporting is not investing. Reporting would amplify its short comings or strengths to fit their objectives as all the financial news I face everyday. Sincerely I ask all reporters and the SA writers to show what their performances are and more importantly what are their hidden agenda.
Fundamentally it is still very sound with forward P/E less than 15. There are many shorters (37% short from my memory). They will lose their shorts (or blouses) if not already when the short squeeze happens. Gaining 150% in a year has its reason. You can argue that it is reaching its peak but not its relationship with IRS.
ALL (except the stupid ones) global companies cheat in the taxes. Why the author singles out EBIX?