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Dilip Davda recommend to "Avoid" the IPO.
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Dilip Davda | Avoid |
[Dilip Davda] QRIL’s financial performance is not that impressive for the asking price and that too appears exorbitant at 113 P/E. Its post IPO equity capital will be just below Rs. 2 cr. and thus will have longer gestation for migration to the main board. Simply stay away from this greedily priced offer. Read detail review...
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