September 21, 2020 - September 23, 2020

Chemcon IPO Review & Recommendations

Angel One, Arihant Capital Markets Ltd, BP Equities (BP Wealth), Capital Market, Choice Equity Broking Pvt Ltd, Dilip Davda, Geojit Securities Ltd, Hem Securities, Motilal Oswal and Rudra Shares & Stock Brokers Ltd have given "Apply" recommendation to Chemcon IPO. Investmentz Ltd has given "May Apply" recommendation to Chemcon IPO. Axis Capital, JM Financial Institutional Securities and Kotak Securities have "Not Rated" the IPO.

Chemcon IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	10	1	0	0	3
%	71.43	7.14	0.00	0.00	21.43

Chemcon IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Angel One	Apply
Arihant Capital Markets Ltd	Apply
Axis Capital	Not Rated
BP Equities (BP Wealth)	Apply
Capital Market	Apply
Choice Equity Broking Pvt Ltd	Apply
Dilip Davda	Apply
Geojit Securities Ltd	Apply
Hem Securities	Apply
Investmentz Ltd	May Apply
JM Financial Institutional Securities	Not Rated
Kotak Securities	Not Rated
Motilal Oswal	Apply
Rudra Shares & Stock Brokers Ltd	Apply

Chemcon IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Chemcon IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	45	May subscribe

Chemcon IPO Review by Dilip Davda (Apply)

[Dilip Davda] CSCL has posted steady growth in its bottom line despite all odds. It is adding new capacities of 67% which will be operations by the first quarter of CY2022. Many of its products have lion market share. Issue pricing appears reasonable. Investors may consider investment for the medium to long term. Read detail review...

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