May 10, 2024 - May 14, 2024

Piotex Industries IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Piotex Industries IPO.

Piotex Industries IPO 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

Piotex Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Piotex Industries IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It does third party contract manufacturing, which raise major concern. The sudden boost in its bottom lines from FY23 onwards appears to be a window dressing to fetch fancy valuations. This issue can be termed as “High Risk / Low Return” bet. Small post-IPO equity base indicates longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for the medium term. Read detail review...

Piotex Industries IPO Review by Members

Piotex Industries IPO Reviews, analysis and views by popular members. Read Piotex Industries Limited IPO reviews by retail investors to find recommended ipo to buy.

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Piotex Industries IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
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