This smallcap aerospace stock could soar 91%, predicts Nuvama

Nuvama has initiated coverage on Aequs with a buy call, predicting 91% upside, citing its position as India's only vertically-integrated aerospace SEZ supplying aerostructures, landing gear and engine parts to Airbus, Boeing, Safran, Collins and Bombardier. The brokerage highlights a solid USD 889 million order book at 7.4x revenue coverage, projecting a 42% sales CAGR and 84% EBITDA CAGR over FY26-29. Aequs shares surged 4% in Tuesday morning trade, with current market capitalisation at around Rs 16,000 crore.