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 ...

By Dhallo News · October 16, 2026 at 4:23 PM IST

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

Source: Mint - Markets

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.

SOURCE: Mint - Markets

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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

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