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Dilip Davda recommend to "Avoid" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
---|---|---|---|---|---|
Count | 0 | 0 | 0 | 1 | 0 |
% | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
---|---|---|
Dilip Davda | Avoid |
[Dilip Davda] The company has shown inconsistency in bottom lines with declining top lines. Based on super profits of FY21 the issue is aggressively priced. Though the sector is fancied by investors, higher pricing of the IPO makes this issue a costly bet. There is no harm in ignoring this costly bet. Read detail review...
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