March 3, 2021 - March 8, 2021

Ashapuri Gold Ornament FPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Ashapuri Gold Ornament FPO Review Summary from brokers and analysts

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

Ashapuri Gold Ornament FPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Ashapuri Gold Ornament FPO Review by Dilip Davda (Avoid)

[Dilip Davda] It appears that to pave the way for this greedily priced FPO, some operations are done in the market by vested interests. If we consider the previous two CYs, the price remained below the IPO price for the most part of the period. If we see the trading range for the month of February 2021, it has marked a high/low of Rs. 77.00 / Rs. 50.00. The last traded price of AGOL is Rs. 75.00 (as on March 02, 2021). Simply stay away from such a greedy offer. Read detail review...

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