Which are the best multibagger stocks?

Shree Renuka Sugars Ltd….

  1. Bajaj Hindusthan Sugar Ltd.:
  2. Dharani Sugars & Chemicals Ltd.:
  3. K.M.
  4. Parvati Sweetners and Power Ltd.:
  5. Rana Sugars Ltd.:
  6. SBEC Sugar Ltd:
  7. Simbhaoli Sugars Ltd.:

Which are the next multibagger stocks?

Summary Table of Best Multibagger Stocks to Buy now in India

Company Name BSE Scrip Code CMP as on 24th June, 2021
Deepak Nitrite 506401 1742
Alkyl Amines Chemicals 506767 3542
Adani Gas 542066 1251
Caplin Point Labs 524742 660

Is Trident share a multibagger?

Trident has become multi-bagger twice in the past 5 Years. Trident is placed nicely to become a Multibagger once again, Investors with patience for 12-24 Months, would be able to see the levels of 130-150.

What does multibagger mean in stocks?

Definition: Stocks that give returns that are several times their costs are called multibaggers. Thus, multibaggers are stocks whose prices have risen multiple times their initial investment values.

Which is the best stock for 2021?

Top 10 – Best Stocks to Buy for Long Term in India 2021

Sr. No. Company Name Latest EPS
1 Abbott India 310.01
2 Bajaj Finserv 221.29
3 Nestle 214.92
4 Ultratech Cement 207.41

Which shares will be multibagger in 2021?

Let’s look at the stocks from BSE 500 index that have gained the most since 1 January 2021.

  • #1 Happiest Minds Technologies. Happiest Minds Technologies, incorporated in the year 2011, is a large cap company, operating in the IT sector.
  • #3 Balaji Amines.
  • #4 Deepak Fertilisers.
  • #6 HFCL.
  • #7 Alkyl Amines.
  • #8 Lux Industries.

Is subex a multibagger?

This holds well when it comes to Indian IT stock Subex. This IT stock is one of the multibagger stocks of 2021. Interestingly, in this list of multibagger stocks is full of small-cap and mid-cap stocks as investors moved towards these sectors after the heavy beating in the stock market post-first wave of Covid-19.

Why are Trident shares falling?

Trident share price slipped on Monday after the firm reported a 91.7 per cent fall in consolidated net profit. The stock fell 7.23% intra day to Rs 5.90 against previous close of Rs 6.36. Net profit fell to Rs 10.11 crore for June quarter due to disruptions caused by COVID-19.

Is Trident a debt free company?

Trident has a low net debt to EBITDA ratio of only 1.4. And its EBIT covers its interest expense a whopping 12.3 times over.

How do you know if a stock is multibagger?

How to identify multibagger stocks?

  1. 1) Strong and capable management: A business cannot succeed without a management team that is capable as well as strong.
  2. 2) Competitive advantage: It’s perhaps one of the best ways to identify multibagger stocks.

What is a 5 bagger in stocks?

These are stocks that have the potential to report explosive growth and generate multiple bags of money over a period of time. For example, a five bagger stock is a stock that gives a return of 5 times the original amount invested, and a ten bagger would give a return ten times more than the initial investment.

Which is the best multibagger stock to buy in India?

Summary Table ofBest Multibagger Stocks to Buy now in India Sr. No Company Name BSE Scrip Code NSE Symbol CMP as on 24th June, 2021 Rating Industry 1 Mishra Dhatu Nigam 541195 MIDHANI 210 0.5 Iron & Steel Products 2

How long can you Hold A multibagger stock?

You can hold these stocks for 6 months (minimum) to 1 year or 2 years (maximum). Multibagger is the best way to make a profit because in intraday trading if you make income in one day, you can lose the very another day.

What makes a company to be A multibagger?

Multibaggers are the companies who are money-wise sound and have a great business figure that can be scaled within a short period of time. They must have a disruptive product or a disruptive idea in the business. A capability to scale up quickly is at the essence of becoming a multibagger.

Is the stock market A multibagger in hindsight?

But the catch is- a multibagger is a multibagger only in hindsight. At first, it may look like a risky undertaking in an overstimulated market environment.