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August 4, 2021 - August 6, 2021

Krsnaa Diagnostics IPO Review & Recommendations

Hem Securities, KR Choksey Securities Ltd and InvestorGain.com have given "Apply" recommendation to Krsnaa Diagnostics IPO. Dilip Davda has given "May Apply" recommendation to Krsnaa Diagnostics IPO. Axis Capital and JM Financial Institutional Securities have "Neutral" view about the IPO. Capital Market recommend to "Avoid" the IPO.

Krsnaa Diagnostics IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 3 1 2 1 0
% 42.86 14.29 28.57 14.29 0.00

Krsnaa Diagnostics IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Axis CapitalExternal link Neutral
Capital MarketExternal link Avoid
Dilip Davda May Apply
Hem SecuritiesExternal link Apply
JM Financial Institutional SecuritiesExternal link Neutral
KR Choksey Securities LtdExternal link Apply
InvestorGain.comExternal link Apply

Krsnaa Diagnostics IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Krsnaa Diagnostics IPO is 37. Their analysis recommends Do not subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 37 Do not subscribe

Krsnaa Diagnostics IPO Review by Dilip Davda (May apply)

[Dilip Davda]  Healthcare sector counters marked hefty gains amidst pandemic scare and currently witnessing some corrections from the higher levels. KDL has posted net profits for FY21 on account of one-time gains and even with these earnings, its issue is aggressively priced at a P/E of 80+ and is thus a costly bet against listed peers. In fact, it has a negative P/E. The segment is highly fragmented with many unorganized players and also having tough competitions from organized players. Considering all these, cash surplus/risk seekers may consider investing in this highly-priced offer, others can avoid. Read detail review...

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