@ipo share Dear Sir,
I am not an expert but giving my views on IKIO.
Q1 Results
Rev: 108 cr & NP: 18 cr
EPS : 1.79 on increased equity
OPM : 21% which is the best among its peer.
IKIO ' Peer group companies valuation
Dixson : 100 & OPM : 4%
Amber : 54.3 & OPM : 8%
SYRMA: 62.3 & Opm : 6%
FII holding : 5.06% including GoldMaN SAchs holding of 1.09%
I think the result is good in terms of topline & margin. It may bounce back sooner or later as it enjoys a lion's market share in some of it's products. Give some time to this stock & nothing to worry but keep strict SL: 343.