January 24, 2020 - February 5, 2020

ITI FPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to ITI FPO. Capital Market recommend to "Avoid" the IPO.Axis Capital and Emkay Global have "Not Rated" the IPO.

ITI FPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	1	2
%	0.00	25.00	0.00	25.00	50.00

ITI FPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Avoid
Dilip Davda	May Apply
Emkay Global	Not Rated

ITI FPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for ITI FPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	38	Do not subscribe

ITI FPO Review by Dilip Davda (May apply)

[Dilip Davda] ITI Ltd. erstwhile known as Indian Telephone Industries Ltd.) has diversified on many fronts. With its new plans, it can be termed as Indian Technology Innovations Ltd. in true sense. It has a healthy order book indicating sufficient workload for the next 4 - 5 years. ITI is gearing to play an important role in "Digital India" plan. Despite the last traded price of Rs. 100 on the exchanges as on 22.01.20 close, it has fixed a price band of Rs. 71-77 and has thus opted for the investor-friendly gesture. Investment may be considered for long term rewards. Read detail review...

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