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June 18, 2019 - June 24, 2019

Anand Rayons IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Anand Rayons IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Anand Rayons IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Anand Rayons IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  

The textile segment is not fancied by investors in the given scenario. The issue is priced very aggressively. Guiness group has a topsy-turvy background. Considering all these facts, it is better to skip this issue.

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