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Already up 86% in 6 months, ICICI Direct still sees another 39% upside in this small-cap stock - Check target, rationale

vialivemint.com16 Oct
Already up 86% in 6 months, ICICI Direct still sees another 39% upside in this small-cap stock - Check target, rationale
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.

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