Acropetal technologies News : What is the future of this stock ?

Recently this stock had shown a 52 week low of 13.25 in August,2011.Now it is again up to 19.27.Recently there was some news that might have added a impact on the way stock was trading.Let me brief it. On Friday , 1 Jul 2011 :Acropetal Technologies Ltd announced that Mr. S. Sudheer has resigned and ceased to be the Chief Financial Officer (CFO) of the Company effective from the close of the say on June 30, 2011. Mr. Sudhendu Kumar Basu, Vice President-Finance will be heading Finance and Accounts Department until alternative arrangements are made. Thursday, 7 Jul 2011 Acropetal Technologies Ltd announced that the Company, in partnership with KELTRON (Kerala Electronics Development Corporation Ltd), has obtained a letter of intent for the enrolment of UID in urban areas of 14 districts of Kerala State. The approximate value of the work will be about INR25 crores (INR250 million) and the work shall be completed by March 31, 2012 I am not guessing anything from these news or updates but things are looking a bit ok to me.What you say, Even though i am not investing in this company but it is interesting to follow some so called experts and traders on moneycontrol ....i guess those who are interested in Acropetal might know very well why i am sayin so. Guest post by Madwan'