June 13, 2019 - June 18, 2019

Meera Industries FPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Meera Industries FPO.

Meera Industries FPO Review Summary from brokers and analysts

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

Meera Industries FPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Meera Industries FPO Review by Dilip Davda (May apply)

[Dilip Davda]

Based on its maiden IPO price, it has given attractive returns in the long term and has posted growth in top and bottom lines. However, current FPO is at a higher price than the last traded price of Rs. 208.65. To sail through this FPO, the market operation is not ruled out to lure investors. Hence cash surplus risk savvy investors may consider investment for long term at their own risk.

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