March 24, 2021 - March 26, 2021

Siddhika Coatings IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Siddhika Coatings IPO.

Siddhika Coatings IPO Review Summary from brokers and analysts

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

Siddhika Coatings IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Siddhika Coatings IPO Review by Dilip Davda (May apply)

[Dilip Davda] SCL has posted good earnings despite all odds for the last three fiscals. However, it suffered a severe setback due to pandemic for the first half of the current fiscal. Good back up in the form of free reserves and pricing of the IPO below 1 P/BV augurs well. Its prospects hinge on the restoration of normalcy which will bring back this company on track. The company has good fundamentals. Cash surplus investors may consider an investment with a long term perspective. Read detail review...

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.