December 27, 2023 - December 29, 2023

Akanksha Power and Infrastructure IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Akanksha Power and Infrastructure IPO.

Akanksha Power and Infrastructure IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Akanksha Power and Infrastructure IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Akanksha Power and Infrastructure IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is in the business of sustainable quality power solutions with latest technology and enjoys a niche place. Uniqueness of their technological products are set to revolutionize the trends going forward. However, it marked inconsistency in its bottom lines for the reported periods and based on FY24 annualized earnings, the issue appears fully priced. Investors may park funds for the medium to long term rewards. Read detail review...

Akanksha Power and Infrastructure IPO Peer Comparison

Akanksha Power and Infrastructure Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Closing price as on period ended	P/BV Ratio	Financial statements
Akanksha Power and Infrastructure Limited	2.29	2.29	87.93	24.02	18.20	55.00	0.63
HPL Electric & Power Limited	4.69	4.69	123.69	18.70	3.80	220.90	1.79	Standalone
Genus Power Infrastructure Limited	1.26	1.26	42.61	67.22	2.95	228.80	5.37	Standalone
Cospower Engineering Limited	1.39	1.39	47.38	216.65	5.21	310.00	6.54	Standalone

Notes:

• Considering the nature and turnover of the business of the Company, the peers are not strictly comparable. However, the same has been included for broader comparison.
• The figures for Akanksha Power and Infrastructure Limited are based on the restated results for the year ended March 31, 2023.
• The figures for the peer group are based on standalone audited results for the respective year ended June 30, 2023.
• Current Market Price (CMP) is the closing price of respective scrip as of December 13, 2023.

Akanksha Power and Infrastructure IPO Review by Members

Akanksha Power and Infrastructure IPO Reviews, analysis and views by popular members. Read Akanksha Power and Infrastructure Limited IPO reviews by retail investors to find recommended ipo to buy.

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Akanksha Power and Infrastructure IPO Review Summary by Members

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