176. Imhilli| Link| Bookmark|
June 27, 2023 10:28:34 PM
IPO Guru (1200+ Posts, 700+ Likes)
High debt and low profit margin is the major issue here. Divergent ROE and ROCE may improve post capital collection through IPO. Present ROCE is little less than 20 which is not bad and is expected to improve. In my opinion it can be held for medium term.
176.1. Imhilli| Link| Bookmark|
June 30, 2023 5:35:51 PM
IPO Guru (1200+ Posts, 700+ Likes)
The correction seems to be deeper than expected. Any input on how deep it could be?
Lower Circuit Broken with heavy volume. @lokes@Noorul Is there any views for Urban ?
172.2. Kapz| Link| Bookmark|
June 26, 2023 10:40:31 AM
IPO Mentor (800+ Posts, 400+ Likes)
If not in hurry, as a minimum, It may be worth holding till FY23 results are declared. After that a call can be taken for a medium to long term hold or not.
@kapz Agree with u. I am holding yet. Is there information when will results come ?
172.4. Kapz| Link| Bookmark|
June 26, 2023 10:58:34 AM
IPO Mentor (800+ Posts, 400+ Likes)
@riyansh, not aware, but should be fairly soon.
172.5. lokes| Link| Bookmark|
June 26, 2023 8:33:11 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Riyansh in my view, this company is not strong from financials and business perspective and may have some government related interference also , either sell and come out on any upmoves or keep some stoploss on downside around 125 levels and wait till next results....