September 12, 2018 - September 17, 2018

Ranjeet Mechatronics IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Ranjeet Mechatronics IPO. Finception has "Not Rated" the IPO.

Ranjeet Mechatronics IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	1
%	0.00	50.00	0.00	0.00	50.00

Ranjeet Mechatronics IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply
Finception	Not Rated

Ranjeet Mechatronics IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Issue is priced aggressively. This sector is not doing well as expressed by its peer. Sudden jump in bottom line with static top line for FY17 and 18 is a bit surprising. Considering this, risk savvy cash surplus investors may consider investment at their own risk.

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