March 3, 2021 - March 5, 2021

MTAR Technologies IPO Review & Recommendations

Ajcon Global Services Ltd, Capital Market, GEPL Capital Ltd, Hem Securities and ICICI Direct have given "Apply" recommendation to MTAR Technologies IPO. Dilip Davda, Motilal Oswal and InvestorGain.com have given "May Apply" recommendation to MTAR Technologies IPO. Axis Capital has "Not Rated" the IPO.

MTAR Technologies IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	3	0	0	1
%	55.56	33.33	0.00	0.00	11.11

MTAR Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Ajcon Global Services Ltd	Apply
Axis Capital	Not Rated
Capital Market	Apply
Dilip Davda	May Apply
GEPL Capital Ltd	Apply
Hem Securities	Apply
ICICI Direct	Apply
Motilal Oswal	May Apply
InvestorGain.com	May Apply

MTAR Technologies IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for MTAR Technologies IPO is 46. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	46	May subscribe

MTAR Technologies IPO Review by Dilip Davda (May apply)

[Dilip Davda] On the prima facie, the issue is aggressively priced, but considering its last two fiscals earnings, orders on hands worth Rs. 336.2 cr. and its plan for more critical and high margin products with its niche play for space, security and defence segment, investors may consider parking their fund with a long term perspective. As a niche player with a virtual monopoly, the counter will gain fancy post listing, being the first mover in the segment. Read detail review...

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