[Dilip Davda] NRVTIL is engaged into production and marketing of cotton textile products like sarees, salwar suits, bed sheets etc. The company posted growth in its top and bottom lines. However, sudden boost in its bottom lines from FY24 onwards surprises. Based on recent financial data, the issue appears fully priced. With IPO funding, the company aims to expand its business activities. It is operating in a highly competitive and fragmented segment. Well-informed investors may park funds for medium to long term. Read detail review...

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