Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!

Avoid to Uma Exports: Hem Securities

Hem Securities has come out with its report on Uma Exports. The research firm has recommended to ''Avoid'' the ipo in its research report as on March 27, 2022.

March 28, 2022 / 10:27 AM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Hem Securities IPO report on Uma Exports


Company is engaged into trading and marketing of agricultural produce and commodities such as sugar, spices like dry red chillies, turmeric, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soyabean meal and rice bran de-oiled cake. Company import lentils, faba beans, black urad dal and tur dal in India in bulk quantities.



Valuation and Outlook


Company being into trading and marketing of agricultural produce and commodities has debt on book. Although company’s other ratios like margin & return on shareholder’s fund are better than its peer but looking after business profile & debt condition , we recommend “Avoid” on issue.

Close

For all IPO stories, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Broker Research
Sections
ISO 27001 - BSI Assurance Mark