14/09/2021 11:42:00 AM | Source: Angel Broking Ltd
Quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Angel Broking Ltd
Below is quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd
Vijay Diagnostic Centre Limited ipo debut at premium of 8% to its upper band of the IPO price. Company is trading at price to earning of 67 times and EV/EBITDA OF 32 times based on FY2021 numbers which is on higher side as compared to its peers. Looking at higher valuations and limited growth potential in its key geographic we have a neutral outlook on Vijaya Diagnostics centre.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Madhya Pradesh CM inaugurates exhibition on `Buildin...
Metals and Mining Sector Update : 1QFY26 preview: St...
DMart`s profit falls marginally on-year in Q1 FY26, ...
India`s purchase of Russian oil helped bring down gl...
Buy Tata Consultancy Ltd For Target Rs. 3,950 By JM ...
Gujarat: State budget earmarks Rs 15 crore for judic...
Buy Max Financial Services Ltd For Target Rs. 1,800 ...
We lead with tech-driven, consumer-oriented services...
Air cargo industry shows resilience amid global chal...
Building Materials Sector Update : Tepid quarter By ...
Tag News
News Not Found
More News
News Not Found