[Dilip Davda] <p>The sudden spurt in bottom lines forFY18 raises concern. The company did placement of shares at Rs. 70 per share with a group of investors ahead of IPO. Based on valuation parameters, the issue appears fully priced. However, JDL is working on an in-house process module that might lead to better margins going forward. Currently, the textile segment is not favoured by investors for investments.  Considering all these, investors may consider an investment for the long term.</p> Read detail review...

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