Already up 86% in 6 months, ICICI Direct still sees another 39% upside in this small-cap stock
60-Word AI Digest
ICICI Direct initiated coverage on GEE Ltd with a Buy rating and a ₹170 target price, implying 37% upside from ₹124. It expects growth through higher capacity utilisation, expanded production and specialised products, with revenue likely to reach ₹614 crore and net profit ₹36 crore by FY28.
Key Takeaways
- ICICI Direct initiated coverage on GEE Ltd with a Buy rating and a ₹170 target price, implying 37% upside from ₹124.
- It expects growth through higher capacity utilisation, expanded production and specialised products, with revenue likely to reach ₹614 crore and net profit ₹36 crore by FY28.
- Full details and original dispatch available below.
ICICI Direct initiated coverage on GEE Ltd with a Buy rating and a ₹170 target price, implying 37% upside from ₹124. It expects growth through higher capacity utilisation, expanded production and specialised products, with revenue likely to reach ₹614 crore and net profit ₹36 crore by FY28.
Original Publisher Attribution
This summary was curated from Check target, rationale.