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.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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