September 10, 2018 - September 14, 2018

Akg Exim IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Akg Exim IPO.

Akg Exim 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

Akg Exim IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Akg Exim IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Issue is fully priced. Sudden jump in FY18 earnings is a bit surprising. LM has average track record. AKG’s export/ import business is with a group company having similar business that raises concern. Rupee/Dollar parity may impact it’s working. Cash surplus investors may consider investment at their own risk.

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