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Avoid C Mahendra Exports IPO: MLR Securities

The 150 lakh equity shares' initial public offering of diamond jewellery player C Mahendra Exports opens for subscription. MLR Securities has recommended avoiding the issue .

January 04, 2011 / 12:28 IST
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The 150 lakh equity shares' initial public offering of diamond jewellery player C Mahendra Exports opens for subscription. MLR Securities has recommended avoiding the issue - "Considering the working capital intensive nature of the business moreover going forward the company

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first published: Jan 4, 2011 12:26 pm

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