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 Capital	Neutral
Capital Market	Avoid
Dilip Davda	May Apply
Hem Securities	Apply
JM Financial Institutional Securities	Neutral
KR Choksey Securities Ltd	Apply
InvestorGain.com	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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