Which stocks have potential to become multibagger?
These multibagger stocks can deliver impressive long-term returns.
- Varun Beverages Ltd. ...
- Adani Enterprises Ltd. ...
- Tube Investments of India Ltd. ...
- Tanla Platforms Ltd. ...
- Linde India Ltd. ...
- Alkyl Amines Chemicals Ltd. ...
- Investing in Multibagger Stocks in India with smallcase. ...
- Debt Funds.
Name | 1-year High | Industry |
---|---|---|
Virgo Global | 1132.84% | Manufacturing |
BAMPSL Securities | 101.34% | Financial Services |
Rajnish Wellness | 90.50% | Pharmaceuticals |
J Taparia Projects | 58.70% | Infrastructure |
Stock | 2024 return through March 31 |
---|---|
MicroStrategy Inc. (MSTR) | 169.9% |
SoundHound AI Inc. (SOUN) | 177.8% |
Vera Therapeutics Inc. (VERA) | 180.4% |
Avidity Biosciences Inc. (RNA) | 182% |
FGP: With a CMP of INR 5.69, F G P has delivered a 56.95% return, ranging from INR 4.30 to INR 9.45¹. Luharuka Media & Infra: Priced at INR 5.05, this stock has grown by 124.72%, fluctuating between INR 2.30 and INR 6.25¹.
Name | 3Y Return | Net Profit Qtr |
---|---|---|
Bharti Airtel Ltd | 158.52% | ₹2,876 Cr |
State Bank of India | 136.04% | ₹11,064 Cr |
ITC Ltd | 113.13% | ₹5,401 Cr |
Larsen & Toubro Ltd | 173.4% | ₹3,595 Cr |
- Rajnandini Metal Ltd.
- G G Engineering Ltd.
- Indian Infotech & Software Ltd.
- Genpharmasec Ltd.
- Accuracy Shipping Ltd.
- Goyal Aluminiums Ltd.
- Prakash Steelage Ltd.
- Tapari Tools Ltd.
S.No. | Name | CMP Rs. |
---|---|---|
2. | Brightcom Group | 14.20 |
3. | Axita Cotton | 23.35 |
4. | Easy Trip Plann. | 47.00 |
5. | Radhika Jeweltec | 64.10 |
- G G Engineering Ltd. ...
- Globe Textiles (India) Ltd. ...
- Growington Ventures India Ltd. ...
- Aakash Exploration Services Ltd. ...
- Debock Industries Ltd. ...
- Kenvi Jewels Ltd. ...
- Gautam Gems Ltd. ...
- Vivanta Industries Ltd. On March 19, 2024, Vivanta Industries' stock was priced at Rs. 3.95.
A low revenue multiple can indicate growth potential, especially when coupled with strong fundamentals. Study PE ratios: Analyse the price-to-earnings (PE) ratio and look for companies with a PE growing faster than the stock price, as it's an indicator of multibagger potential.
Which stock will double in one month?
S.No. | Name | ROCE3yr avg % |
---|---|---|
1. | Hindustan Zinc | 44.68 |
2. | I R C T C | 42.13 |
3. | Lloyds Metals | 40.92 |
4. | Deepak Nitrite | 38.02 |
Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
---|---|---|
Amazon.com (AMZN) | 1.30 | Strong Buy |
Microsoft (MSFT) | 1.32 | Strong Buy |
Delta Air Lines (DAL) | 1.35 | Strong Buy |
Nvidia (NVDA) | 1.38 | Strong Buy |
- 1) Vedanta. ...
- 3) Reliance Industries (RIL) ...
- 4) Hindustan Aeronautics (HAL) ...
- 5) ICICI Bank. ...
- 6) Zomato. ...
- 9) Bharti Airtel.
S.No. | Name | CMP Rs. |
---|---|---|
1. | Guj. Themis Bio. | 408.70 |
2. | Refex Industries | 168.05 |
3. | Tata Elxsi | 7103.70 |
4. | M K Exim India | 91.75 |
Another simple answer to the question – of how to identify Multi-Bagger stocks is to look for businesses that have high margins. Usually, multi-baggers command high margins either due to a lack of competition or because they command a leading position in the industry.
- DaVita Inc. ( ticker: DVA)
- DraftKings Inc. ( DKNG)
- Extra Space Storage Inc. ( EXR)
- First Solar Inc. ( FSLR)
- Gen Digital Inc. ( GEN)
- Microsoft Corp. ( MSFT)
- Nvidia Corp. ( NVDA)
- SoFi Technologies Inc. ( SOFI)
Companies like Venus Pipes, Neogen, Prime Industries, Artemis Electricals, Alfa Transformers and more are there for investors to explore. Relevant ratios to consider before you decide on investing in potential multibaggers are the return on equity, free cash flow, price-to-earnings, and price-to-book ratios.
Multibagger Penny Stocks are similar to penny stocks; the only difference is their price variably increase from the time of the investment. Suppose, as an investor, one invests in a stock priced at Rs. 5, and over time, the price soars to Rs. 10, then it is called a two-bagger.
As multibagger stocks generate multifold returns, higher risks come with higher returns. So, if you are planning to invest in multibagger stocks, you need to be cautious about the risk associated with these stocks too. The primary risk associated with these stocks is value traps.
- NIO4.490.36% NIO Inc.
- DNA0.860.08% Ginkgo Bioworks Holdings, Inc.
- SOUN4.400.24% SoundHound AI, Inc.
- NKLA0.640.04% Nikola Corporation.
- FCEL0.870.03% FuelCell Energy, Inc.
- ENZC0.010.00% Enzolytics, Inc.
- JAGX0.180.01% Jaguar Health, Inc.
- AITX0.000.00%
What is the most successful penny stock?
Yes Bank, Suzlon Energy, South India Bank, Reliance Power, Vodafone idea, and Bank of Maharashtra are among the top penny stocks.
Brightcom Group Ltd
The company has minimal debt. Brightcom Group Ltd is anticipated to deliver a positive quarter, reflecting its consistent growth over the last five years, with a remarkable profit growth rate of 27.5% CAGR. The healthy number makes it one of the best penny stocks of 2024.
S.No. | Name | P/E |
---|---|---|
1. | Life Insurance | 15.49 |
2. | Dr Reddy's Labs | 19.95 |
3. | Bajaj Holdings | 12.48 |
4. | Hero Motocorp | 24.16 |
Name | 3Y Return | Profit Mar 3Y Change% |
---|---|---|
Reliance Industries Ltd | 65.9% | 26.46% |
Tata Consultancy Services Ltd | 24.96% | -3.51% |
Bharti Airtel Ltd | 159.23% | -125.21% |
ICICI Bank Ltd | 84.44% | 186.25% |
- Develop a long list of ideas. Great investors are readers. ...
- Research fundamentals. ...
- Research Charts. ...
- Look for potential catalysts. ...
- Develop a strategy. ...
- Pull the trigger.
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