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Avalon Technologies IPO: Should you subscribe?

Nitin Sharma   •

At the upper end of the offer price, Avalon is valued at an FY22 PE of 41.8 times, which is relatively lower than peers but isn't necessarily cheap.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More