Any stocks which is not a blue-chip stock and the has given the return of more than 100% in a single year may be considered as a multibagger stock;lets understand it in a bit detail. Usually bluechip stocks don’t grow 100% year on year basis. The growth is always there in a blue-chip stock but again that has its own the limitation. Usually investors and traders are well informed about the blue-chip companies. When it comes multibagger stocks only few people may be aware of the company and the stock and such investors go for bulk purchases in a less known company. As soon as other investors come to know about the stock, they also start buying the stock. This leads to tremendous growth in the price of the stock year on year basis. One more important point which makes sense is that if any stock has grown by let say 150% in previous year then it is expected that next year the stock may grow by let say 100% and next year let’s say 60% and likewise. This kind of decreasing rate of compounding actually converts the stock into a market winner.
The list below presents the list of Indian Stocks which can turn into a multibagger stocks by 2020. Investors need to conduct proper research before investing multibagger stocks as stock markets are subject to risks.
List of multibagger indian stocks for 2020 (Last updated on March 01,2018)
|Company Name||LTP March-01-2018||LTP July-26-2017||Percentage Growth||EPS||MarketCap||Shares Issued|
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(Note: The above list is for information purpose only. Avoid trading and investing based on the information given above. Before investing in stocks do due diligence).