January 15, 2020 - January 17, 2020

HindPrakash IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to HindPrakash IPO.

HindPrakash 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

HindPrakash IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

HindPrakash IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in auxiliary chemical business used by Textile, Dyestuff and Dyes intermediates, Construction chemicals etc. This segment is fragmented with many organized/unorganized players raising cut-throat competition. The sudden boost in top line for pre-IPO and IPO year raises concern. As issue appears fully priced, cash surplus - risk savvy investors may consider investment at their own risk. Read detail review...

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