December 12, 2019 - December 18, 2019

DC Infotech IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to DC Infotech IPO.

DC Infotech 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

DC Infotech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

DC Infotech IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the "High Volume - Low margin" segment that has cut-throat competition with a fragmented unorganized sector. For the past four fiscals, its top line has shown inconsistency. Peers are way ahead in top-line comparison. The sudden boost in margins since it converted in a limited company on 19.02.19 raises concern. Based on the latest financial numbers, issue pricing looks reasonable, but sustainability remains a major worry going forward. Considering these, cash surplus - risk savvy investors may consider investment at their own risks. Read detail review...

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