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Sirca Paints IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Sirca Paints IPO.

Sirca Paints IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Sirca Paints IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Sirca Paints IPO Review by Dilip Davda (May apply)

[Dilip Davda]  

Although based on superb performance of first nine months of FY18, pricing appears reasonable; it’s now venturing into manufacturing in highly competitive segment. Hence sustainability of margins raises concern. Considering these cash surplus risk savvy investors may consider investment at their own risk.

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