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Macpower CNC Machines IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Macpower CNC Machines IPO.

Macpower CNC Machines IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Macpower CNC Machines IPO Analysis By Brokers/Analysts

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Dilip Davda May Apply

Macpower CNC Machines IPO Review by Dilip Davda (May apply)

[Dilip Davda]  

Company that has static top line with marginally improving bottom line, but sudden jump in top and bottom line for the first half is really a surprising one (may be cooked up ahead of IPO). Equity is rising from Rs. 0.60 crore to Rs. 9.81 crore and raises concern. Investors may consider investment on their own risk .

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