New Delhi, Sept. 28 -- Shares of LCC Projects Limited recovered from intraday low during Monday's trading session, but continued to trade in red. The recent decline in the stock has come after the civil construction stock has delivered 4.46% return over the last one week since listing.

The company is widening into metro-rail and mining contracts and its revenue is likely to see a double digit CAGR growth over FY26-FY28E. Its EBITDA margin is likely to stay 14.0% in FY27E and FY28E, as per Angel One brokerage report which sees 25% potential upside in the stock.

The company's balance sheet deleverages as equity grows and its net worth of Rs.888 crores in FY26 is likely to rise with the Rs.258 crore fresh issue, taking debt-to-equity below...