Which stocks can be multibagger in 2021?

Which stocks can be multibagger in 2021?

Lux Industries, KPIT Technologies, Redington (India), Tata Steel, JK Paper, Linde India, IEX, Mindtree, Balrampur Chini Mills Sonata Software, Graphite India, CAMS, National Aluminium, Trident, MGL, Tata Coffee, Apollo Hospitals Enterprises and Jindal Stainless are some stocks which have turned multibagger this year.

Which stocks will be multibagger?

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.

Where is the next multibagger stock in India?

How to identify potential multibagger stocks?

  1. Look for what the industry has to offer.
  2. Look at the company’s product portfolio.
  3. Check the debt levels.
  4. Look into the earnings and valuation.
  5. Look for future potential.

Which share will give high returns in 2021?

List of the 10 Best Stocks to Buy in India for Long Term 2021

Stock Returns* in % Market Capitalisation (in Cr.)
Bajaj Finance ltd. 141.23 3,01,224
Coforge ltd. 93.18 17,067
Infosys ltd. 89.43 5,86,204
Jubilant Foodworks ltd. 83.80 38,620

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.

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 are best stocks to invest in right now in India?

Top Companies in India by Investments – BSE

Sr Company Last Price
1 SBI Add to Watchlist Add to Portfolio 454.05
2 HDFC Bank Add to Watchlist Add to Portfolio 1,583.30
3 PNB Add to Watchlist Add to Portfolio 39.70
4 Reliance Add to Watchlist Add to Portfolio 2,390.40

What stock has the best return?

Best Value Stocks
Qurate Retail Inc. (QRTEA) 11.00 4.5
Sage Therapeutics Inc. (SAGE) 43.29 2.5
Athene Holding Ltd. (ATH) 64.20 12.3
Annaly Capital Management Inc. (NLY) 8.70 12.6

What are the signs of a multi-bagger stock?

Here are a few signs that could help you identify a multi-bagger stock: Focus on the sector: Before zeroing in on the stock, it is important that you focus on the sector. Choosing the right… Look at the fundamentals, closely: To identify a multi-bagger stock, you need to look at its fundamentals

What are multi-Bagger stocks?

here are few things that you should know about them.

  • Multi-baggers are those companies who are financially strong and has a good business model that can be scaled within a short period of time.
  • Continuous growth”.
  • What does A multibagger stock mean?

    A multibagger stock is an equity stock which gives a return of more than 100%. The term was coined by Peter Lynch in his 1988 book, One Up on Wall Street and comes from baseball where “bags” or “bases” that a runner reaches are the measure of the success of a play.