Table of Contents
Which stock will be multibagger in future?
Future multibagger stocks for next 10 years
Name | CMP | P/E |
---|---|---|
Godawari Power | 268.1 | 3.1 |
Kanchi Karpooram | 832.15 | 6.48 |
Ajanta Soya | 228.8 | 8.28 |
Dolat Investment | 89.7 | 8.76 |
Where can I find multi bagger stock?
Here are some useful hacks that can help you identify multibagger stocks.
- Strong and Capable Management.
- Competitive Advantage.
- Strong Promoter Holding.
- Healthy Earnings Growth.
- Study the PE Ratios.
- High Margin Businesses.
- Prudent Allocation Of Capital.
- Growth Potential.
Which are the multibagger stocks in India?
These include Trident, Poonawala Fincorp, Adani Total Gas, JSW Energy, Adani Transmission, Gujarat Fluorochemicals, Happiest Minds Technologies, Angel One, Adani Enterprises, Balaji Amines, Indian Energy Exchange, Tata Elxsi, IRCTC, Tata Power, Tata Motors and Deepak Nitrite.
What are the best multibaggers in Indian stock markets in 2020?
Some popular multibaggers in Indian stock markets in 2020 were Caplin Point Laboratories which returned 22,300 percent in ten years; La Opala RG rising 4500 percent in the previous decade; or Garware Technical Fibres that has returned 2600 percent in the last ten years.
Are multibagger stocks good long term investments?
The temporary price volatilities and market movements have no impact on the intrinsic value of long-term multibagger stocks and the tremendous growth potential latent in the stock. So, if you are looking for multibaggers, make sure you hold the multibagger stocks for next 10 years or 20 years, basically over a long term horizon.
What are the characteristics of sustainable multi-Bagger stocks?
Capability to expand free cash generation: Most important feature of sustainable multi-bagger stocks has been the ability to generate free cash flows consistently and the ability to grow them. Multi-bagger companies usually use their internal funds to expand or launch new products. These companies also tend to have lower debt levels against equity.
How to identify multibagger stocks with high earnings?
When you look at the earnings of a multibagger stock, you will typically find high growth in the earnings of the company due to its revenue growth model, profitability model and also capital allocation model.