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Dilip Davda has given "May Apply" recommendation to Reetech International Cargo IPO.
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Reviewer | Recommendation | Past Reviews |
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Dilip Davda | May Apply |
[Dilip Davda] RICCL has diversified in a highly competitive and fragmented segment. The sustainability of margins reported for FY22 raises concern. Based on this performance, the issue appears reasonably priced. Post-IPO small equity base indicates longer gestation for migration. Cash surplus/risk seekers may consider an investment with a long-term perspective. Read detail review...
Reetech International Cargo IPO Reviews, analysis and views by popular members. Read Reetech International Cargo and Courier Ltd IPO reviews by retail investors to find recommended ipo to buy.
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Review By | Apply | May Apply | Neutral | Avoid |
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% | 0.00 | 0.00 | 100.00 | 0.00 |
Member | Review |
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Top Contributor |
Neutral Looks good. Too many IPOs in the queue at the same date. September 23, 2022 10:50:23 AM |
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