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January 25, 2021 - January 28, 2021

Stove Kraft IPO Review & Recommendations

Dilip Davda and Hem Securities have given "May Apply" recommendation to Stove Kraft IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital has "Not Rated" the IPO.

Stove Kraft IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 2 0 1 1
% 0.00 50.00 0.00 25.00 25.00

Stove Kraft IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Axis CapitalExternal link Not Rated
Capital MarketExternal link Avoid
Dilip Davda May Apply
Hem SecuritiesExternal link May Apply

Stove Kraft IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Stove Kraft IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 38 Do not subscribe

Stove Kraft IPO Review by Dilip Davda (May apply)

[Dilip Davda]   If we consider H1 FY 21 (IPO year) super earnings, the issue appears fully priced. Sustainability of such performance going forward is a major concern. If we consider FY20 performance, the issue is priced aggressively. Due to losses for FY18, it had opted for higher QIB portion in IPO. Perhaps the company has hurried for its IPO plan to encase boom in the secondary market. Considering all these, cash surplus, risk savvy investors may consider investment at their own risk. Read detail review...

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