Oswal Pumps Ltd. IPO has received positive reviews from brokerages due to factors like robust financial performance and industry opportunities.
Brokerages recommend subscribing to the Oswal Pumps IPO citing strong financials, industry tailwinds, and strategic expansion plans.
Deven Choksey Research highlights Oswal Pump's significant revenue and net profit growth, recommending a 'subscribe' rating.
SBI Securities appreciates Oswal's strategy but flags risks like revenue dependence on PM-KUSUM scheme and revenue concentration in specific regions.
Aditya Birla Capital sees Oswal's broad market positioning as an advantage and recommends subscribing to the IPO with a long-term view.
BP Capital notes Oswal as the fastest-growing solar pump player in India and views the IPO issue as attractively priced relative to peers, issuing a 'subscribe' recommendation.
Arihant Capital emphasizes Oswal's strong foundation in solar pumps and diversified portfolio, suggesting a 'subscribe for long term' rating.