IPO Note - Expensive given low profitability, complex structure: Avoid

Prabhudas Lilladhar
mass segment of the cafe market and expects a lot of scope to emerge in tier2/3 towns,railwaystationsandhighways,givenitsestablisheddistributionandservice network.We believethatCDELwillhave toincreasefocusonmenurationalisation...
Coffee Day Enterprises Ltd. is trading at high volume of 4.1M with price loss of -7.63.
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