Nuvama Recommends 'Buy' on Multibagger Knowledge Marine Stock; Target ₹2,500

• Nuvama Institutional Equities recommends 'Buy' for Knowledge Marine & Engineering Works, setting a target price of ₹2,500.
• The stock has delivered a 113% return in six months and gained 185% from its 52-week low of ₹632.50.
• Veteran investor Ashish Kacholia holds a 2.78% stake, valued at approximately ₹108.25 crore.
• Nuvama projects strong revenue (58% CAGR) and net profit (71% CAGR) growth for FY2025-28, driven by government focus on marine infrastructure.
• The company boasts high EBITDA margins (35-40%), a diversified business model, and an order book exceeding ₹1,700 crore.

Why It Matters: Nuvama is bullish on Knowledge Marine due to strong financials, growth prospects, and government support.