Potential Multibagger: After a 49% decline from listing price, AMSEC sees over 119% upside in Ideaforge in 2 years
Last week (Feb14), Ideaforge hit its record low of ₹689, down 49% from its listing price (record high) and up just 2.5% from its IPO price. Despite such a dismal performance, Asian Market Securities (AMSEC) sees the stock delivering multi-bagger returns by December 2026.
Source: livemint.com