September 28, 2011 - October 5, 2011

M and B Switchgears IPO Review & Recommendations

Dilip Davda and MLR Securities Private Ltd recommend to "Avoid" the IPO.

M and B Switchgears IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	2	0
%	0.00	0.00	0.00	100.00	0.00

M and B Switchgears IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid
MLR Securities Private Ltd	Avoid

M and B Switchgears IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for M and B Switchgears IPO is 10. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	10	Do not subscribe

M and B Switchgears IPO Review by Dilip Davda (Avoid)

[Dilip Davda] Avoid. the company posted net profit of Rs. 0.79 crore on a turnover of Rs. 33.99 crore for the fiscal 2010-11 that gives an EPS of Rs. 0.04 per share at the lower price band and thus asking price is exorbitant and is also at a 18 P/BV. Read detail review...

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.