Dev Accelerator shares hit 5% lower circuit, back at IPO price. What should you do?
The stock trades at a rich 310x P/E, making it one of Indias costliest. Analysts advise caution, citing modest profit margins and high debt, recommending investors track performance post-listing before taking fresh positions. Revenue has grown from Rs 69.9 crore in FY23 to Rs 158.9 crore in FY25, with healthy EBITDA margins above 50% and PAT at Rs 1.8 crore.