[Dilip Davda] TEL is engaged in the manufacturing of tailor-made specialized vehicle superstructures for complex mobility. It is operating in a highly competitive and fragmented segment. The company has an order book worth Rs. 22.11 cr. as of March 13, 2025. Small post-IPO equity base indicates longer gestation for migration. Based on its financial data, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds in this pricey issue for long term. Read detail review...

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