December 10, 2012 - December 12, 2012

PC Jeweller IPO Review & Recommendations

, Dilip Davda, K.M. Global Financial Services Ltd, Naman Securities and Finance Pvt. Ltd and have given "Apply" recommendation to PC Jeweller IPO. has given "May Apply" recommendation to PC Jeweller IPO. has "Neutral" view about the IPO. recommend to "Avoid" the IPO.

PC Jeweller IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	1	1	1	0
%	62.50	12.50	12.50	12.50	0.00

PC Jeweller IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
	Apply
	Avoid
	Neutral
Dilip Davda	Apply
K.M. Global Financial Services Ltd	Apply
	May Apply
Naman Securities and Finance Pvt. Ltd	Apply
	Apply

PC Jeweller IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for PC Jeweller IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

PC Jeweller IPO Review by Dilip Davda (Apply)

[Dilip Davda]

As far company's performance is concerned, for last three fiscals it has posted average EPS of Rs. 13.40 and for first half of the current fiscal it stands at Rs. 10.60 along with NAV of Rs. 52.08. It has issued bonus in the ratio of 2 shares for every 1 share held in September 2011. Thus the asking price is at around 8.5 P/E on fully diluted equity and is thus priced reasonably compared to its peer that are quoting around 13 to 42 P/E. Considering fancy for gem and jewellery sector counters, investment is recommended.

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