May 9, 2018 - May 11, 2018

Five Core Electronics IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Five Core Electronics IPO.

Five Core Electronics 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

Five Core Electronics IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Five Core Electronics IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Based on its track record for Fiscal 14 to 17, it fared with average performances. For first nine months it has posted spectacular performance which raises concern on sustainability. Although company is the first mover in the segment, considering main concern of sustainability of bottom lines as the industry is highly fragmented, investors may consider investment at their own risk.

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