FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Dilip Davda recommend to "Avoid" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 0 | 0 | 1 | 0 |
% | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | Avoid |
[Dilip Davda] MAL is in the business of trading which is highly competitive with fragmented unorganized vendors. The issue is at a Maximized Retail Price (MRP) with higher P/E. The company has low bargaining power with customers amidst competition from local and big players and is fully dependent on suppliers for quality products. Considering all these, investors may give a “MISS†to this highly-priced offer. Read detail review...
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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