🚢 Nuvama Sees 40% Upside in This Smallcap Shipbuilding Stock

Nuvama has initiated coverage on Knowledge Marine & Engineering with a BUY rating and a ₹2,500 target, indicating 40% upside potential. • Order book doubled YoY to ₹1,700 Cr • Includes ₹650 Cr green tug orders • EBITDA margins at 35–40% • Expected revenue CAGR of 58% The company stands to benefit from India’s rising maritime infrastructure push. #SmallcapStocks #Shipbuilding #KnowledgeMarine #StockYard #GreenEnergy #InfraGrowth