What are today's stocks that can become multibagger in future?
There are numerous multibagger stocks however I don't know from which Industry you need to know, consequently I will confine myself to 4 - 5 stocks crosswise over different Industries.
There are numerous multibagger stocks however I don't know from which Industry you need to know, consequently I will confine myself to 4 - 5 stocks crosswise over different Industries.
Stock 1: Upper Ganges - Sugar Industry
The stock was at Rs. 36.8 on October 1, 2015 and it hit a high of Rs. 508.35 on 29th July 2016, giving an arrival of 1281% of every a traverse of 10 months.
Stock 2: Malu Paper - Paper Industry
The stock was at Rs. 9.8 on 30th March 2016 and starting today (Oct 11, 2016) the stock is at Rs. 35.40, giving an arrival of 261% out of a traverse of 7 months.
Stock 3 - Century Extrusions - Aluminum Industry
This stock was at Rs. 2.15 on second Sep 2016 and starting today (tenth Oct 2016) it is exchanging at Rs. 7.57, giving an arrival of 252% out of 40 days!!!
Stock 4 - Kakatiya Cement - Cement Industry
This stock was at Rs. 100 on seventeenth Feb 2016 and went ahead to hit a high of Rs. 599 by fifteenth May 2016, giving an arrival of 500% of every 90 days !!!
Stock 5 - Electrotherm - Engineering Industry
This stock was at Rs. 32 around Jan fifteenth, 2016 and went ahead to hit a high of Rs. 188.25 a week ago (seven day stretch of Oct seventh 2016), giving an arrival of 488% in just 9 months!!!
Expectation I have given you enough cases on the multibagger stocks in 2016. In excess of 275 stocks have hit 52 wk lows and 52 wk highs in a traverse of 10 months, inside this year (2017). Stunning year of profits for some financial specialists…
Alter 1: Key to progress: Research, research and more research… . I experience money related proclamations, news declarations, segment viewpoint, financier reports, patterns in light of regularity (eg; due to great rainstorm, provincial stocks did well), administrative endorsements and issues ( incase of pharma), govt. mediation (like MIP for steel organizations, capital mixture for banks).
I do this for 5 - 7 stocks day by day and in the event that I discover something intriguing, at that point I watch the stock execution for up to 14 days, at that point go to work computing the characteristic estimation of each stock, contrast it and current value, see the profits conceivable on the off chance that I can contribute.
In the event that the characteristic esteem - current cost is > 30% then I contribute for long haul, in the event that it is under 30% then I exchange those stocks.
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