June 26, 2018 - June 29, 2018

Bright Solar IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Bright Solar IPO.

Bright Solar 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

Bright Solar IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Bright Solar IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Inconsistency in its performance for last few years and superb earnings for first 10 months of FY18 raises concern. Though pricing looks reasonable, concern over sustainability of such earnings going forward raises doubt. Hence risk savvy investors may consider investment on their own risk. (Other).

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