Dhananjay Murlidharrao Ujawane IPO Review

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IPO Reviews by Dhananjay Murlidharrao Ujawane

IPO	Review
Avalon Technologies Limited IPO	Apply We can avoid this IPO because of heavy debt but because this fund will be used to pay its debt so we can expect profitability from the company in upcoming years! ROE & ROCE both are good But PE is a little high EPS is around 7 to 8 Rs.. Apply for short term! April 3, 2023 12:05:55 PM

IPO

Review

Avalon Technologies Limited IPO

Apply

We can avoid this IPO because of heavy debt but because this fund will be used to pay its debt so we can expect profitability from the company in upcoming years! ROE & ROCE both are good But PE is a little high EPS is around 7 to 8 Rs.. Apply for short term!

April 3, 2023 12:05:55 PM

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