Angel One sees 25% upside in this newly listed stock | Target price, time horizon, rationale
AI Summary
LCC Projects Limited's recent stock performance reflects volatility typical of newly listed companies, but its strong order book and projected revenue growth indicate potential for recovery. Investors should consider the company's strategic expansion into metro-rail and mining contracts, which could enhance its earnings stability. With a target price suggesting a significant upside, this stock may be worth monitoring for those looking to capitalize on growth in the civil construction sector, especially as infrastructure spending continues to rise in India.
Shares of LCC Projects Limited recovered from intraday low during Monday’s trading session, but continued to trade in red. The recent decline in the stock has come after the civil construction stock has delivered 4.46% return over the last one week since listing.
The company is widening into metro-rail and mining contracts and its revenue is likely to see a double digit CAGR growth over FY26-FY28E. Its EBITDA margin is likely to stay 14.0% in FY27E and FY28E, as per Angel One brokerage report which sees 25% potential upside in the stock.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 28 September 2026.
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