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Dilip Davda has given "May Apply" recommendation to Precision Metaliks IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 1 | 0 | 0 | 0 |
% | 0.00 | 100.00 | 0.00 | 0.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | May Apply |
[Dilip Davda] After starting as a trader in metal, the company ventures into manufacturing and related allied services. It has posted growth in its top and bottom lines, but spectacular performance for the last one and half years raises eyebrows and sustainability of margins raises concern. Based on its financial parameters, the issue is fully priced. Cash surplus/risk seekers may consider an investment with a long term perspective. Read detail review...
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