[Dilip Davda] BEL is engaged in trading of PE and PP that finds wide uses and application across many industries like packaging, infrastructure, agriculture etc. It is operating in a highly competitive and fragmented segment. Surprisingly, it posted growth in its top lines, but marked slide in bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. There is no harm in skipping this pricey offer that can be termed as “High Risk/Low Return”. Read detail review...

Bhavik Enterprises IPO Review by Members

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