Thursday, August 25, 2011

Avoid to SRS Ltd IPO: MLR Securities

MLR Securities recommended investors to Avoid the issue.  MLR Securities says SRS Limited is a diversified company with a business portfolio comprising of Cinema Exhibition, Retail, Food & Beverages and Manufacturing & Retailing of Jewellery. Considering company’s weak fundamentals and expensive valuations compared to other players in the jewellery and retail segments we recommend investors to avoid this issue.

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