September 28, 2021 - September 30, 2021

Jainam Ferro Alloys IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Jainam Ferro Alloys IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Jainam Ferro Alloys IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Jainam Ferro Alloys IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company has shown inconsistency in bottom lines with declining top lines. Based on super profits of FY21 the issue is aggressively priced. Though the sector is fancied by investors, higher pricing of the IPO makes this issue a costly bet. There is no harm in ignoring this costly bet. Read detail review...

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