February 8, 2024 - February 12, 2024

Alpex Solar IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Alpex Solar IPO.

Alpex Solar IPO Review Summary from brokers and analysts

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

Alpex Solar IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Alpex Solar IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is in solar PV module manufacturing and marketing. It posted steady growth in its top lines for reported periods, but marked erratic bottom line. The sudden boost in top and bottom lines for H1-FY24 raise eyebrows and sustainability of such margins amidst rising competition. However, based on FY24 super earnings, the issue appears lucratively priced. Investors’ fancy is seen for solar power segment counters. Investors may park funds for the medium to long term rewards. Read detail review...

Alpex Solar IPO Peer Comparison

Alpex Solar Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Alpex Solar Limited	2.10	2.10	69.13		9.55	Consolidated
Insolation Energy Ltd	6.01	6.01	25.39	20.95	28.48	Consolidated

Source:

All the financial information for listed industry peer mentioned above is on a consolidated basis and is sourced from the filings made with stock exchanges available on www.bseindia.com , www.nseindia.com and has also been extracted from www.moneycontrol.com for the Financial Year ending March 2023.

Alpex Solar IPO Review by Members

Alpex Solar IPO Reviews, analysis and views by popular members. Read Alpex Solar Limited IPO reviews by retail investors to find recommended ipo to buy.

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Alpex Solar IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	0
%	100.00	0.00	0.00	0.00

Member	Review
Sathish Raja	Apply for Short Term at Upper Price Band Good stock will expect good growth February 12, 2024 10:58:27 AM
Dvijen	Apply for Long Term at Upper Price Band Good growth expected. February 11, 2024 6:49:07 PM

Member

Review

Sathish Raja

Apply for Short Term at Upper Price Band

Good stock will expect good growth

February 12, 2024 10:58:27 AM

Dvijen

Apply for Long Term at Upper Price Band

Good growth expected.

February 11, 2024 6:49:07 PM

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