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[Dilip Davda] AGPL is in a highly competitive and fragmented segment of Solar power products. Its inconsistent financial performance indicates its inability to sustain growth despite having a wide product range. Based on FY22-10M performance, the issue is highly priced despite being at par. Based on its NAV and P/BV ratio, the issue appears attractive, but due to poor financial performance, it becomes risky. Hence, risk seeker/cash surplus investors may consider this at par issue for the long term. Read detail review...
Agni Green Power IPO Reviews, analysis and views by popular members. Read Agni Green Power Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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