[Dilip Davda] This group’s currently listed entity Starlite Components Ltd has posted dismal performance and is quoting at over 50% discount to its par value. VOL’s comparison with Dixon and Amber Enterprises also surprises one and all. Extra super performance for FY23 Q1 with bumper profits in non-convincing and looks fishy. Attribution of Q1 FY23 performance makes this issue lucratively priced, but based on FY22 earnings, it appears aggressively priced. Nearly 10% of the issue size expenses indicate arranged funding. Based on these evaluations, only well-informed cash surplus risk seekers may consider parking of funds, the rest can ignore it. Read detail review...

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