In a recent interview with ET Now, Mayank Shah, CEO, Anagram Capital has suggested investors to be cautious before investing in.

Mr. Shah has suggested investors to wait for Q2 results before taking a view about the stock. The company is fundamentally strong, however, investors should wait and watch.

After the fraud, the company has not stated its results. By September 2010 end, the company may restate yearly results for the last two years. However, the quarterly results won't be available yet.

The company recently announced it decision to delist from NYSE by 14 October. The company has taken the decision as it won't be able to meet the US deadline of publishing results by 15 October, 2010.

After the annoucement, the stock price collapsed by nearly 25% in US markets. The stock has held ground in the Indian market.