Madhusudan Kela-backed MV Electrosystems shares more than double from IPO price in just 2 months. Should you buy?

· economictimes.indiatimes.com

MV Electrosystems shares have surged over 100% from their IPO price, boosting Madhuri Kelas stake value to Rs 111.55 crore. However, declining FY26 revenue and a net loss raise concerns about the companys future profitability.

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