Ventura Securities has come out with a report on a potential multibagger that can jump 120 per cent over the next 24 months. At the prevailing market price of Rs 29-odd level, the stock is trading at FY28 EV/Ebitda of 12.2 times. The stock is seen rallying as the company stands well-positioned to benefit from sectoral tailwind, Ventura said. With over a century of execution experience and proven technical expertise in hydro, tunneling, nuclear, metro, and transport projects, this is Hindustan Construction Company Ltd (HCC). Advertisement
Ventura recommended 'Buy' on this stock with price target of Rs 64, representing an upside of 120.2 per cent over the next 24 months. Low promoter holding is a risk, Ventura said adding that its valuation has been computed factoring the prospective Rs 9