8 months ago
Knowledge Marine Gets Buy Rating
Knowledge Marine & Engineering Works Ltd is a company that does dredging and shipbuilding.
Its stock has gone up a lot, about 8,500% from a low point.
A famous investor, Ashish Kacholia, owns a small part of the company.
A brokerage firm, Nuvama Institutional Equities, thinks the stock is a good buy.
They say the company has a lot of orders and makes good money.
The stock recently split, meaning each share is now two.
The company is doing well because there isn't much competition in its field.
Knowledge Marine & Engineering Works Ltd's stock has surged 8,500% from its low of Rs 21 in October 2025.
The stock is part of Ashish Kacholia's portfolio, with a 2.78% stake valued at Rs 108.25 crore.
Nuvama Institutional Equities initiated coverage with a 'buy' rating, valuing the stock at Rs 2,500.
The company has a strong order book of Rs 1,750 crore as of November 2025, up 2 times YoY.
The stock traded ex-split in a 1:2 ratio on December 22, 2025.
- Who
- Knowledge Marine & Engineering Works Ltd, Ashish Kacholia, Nuvama Institutional Equities
- What
- Stock performance and buy rating initiation
- Where
- India
- When
- December 2025 (stock split on December 22, 2025)
- Why
- Strong performance, high order-win rate, and favorable market conditions
Key facts
- Company
- Knowledge Marine & Engineering Works Ltd
- Market Cap
- Rs 4,600 crore
- 52-Week Low
- Rs 632.50 (April 2025)
- Stock Performance
- 8,500% increase from Rs 21 (October 2025)
- Ashish Kacholia's Stake
- 6,00,000 equity shares (2.78%)
- Order Book
- Rs 1,750 crore (November 2025)
- Stock Split
- 1:2 ratio (December 22, 2025)
- Brokerage Rating
- Buy (Nuvama Institutional Equities)
Quotes
Nuvama Institutional Equities
Domestic brokerage firm
“November 2025 order book at Rs 1,750 crore (8.7 times FY25 sales) is up 2 times YoY with orders from major ports. We are baking in FY25–28E revenue/EBITDA/PAT CAGR of 58 per cent/62 per cent/71 per cent with FY25–28E order inflows and order book, with a CAGR at 42 per cent each. We initiated coverage at Rs 2,500, valuing at 25 times FY28E EPS of Rs 100.”
businesstoday.in
