Multibagger Indian Stocks for 2020

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
Rain Industries	361.05	129.8	178.1587057	16.17	122369296762	338926190
Bombay Dyeing	254.5	85.6	197.3130841	0.99	52743449118	207243415
Radico Khetan	351.5	129.55	171.3238132	6.01	46562127301	132466934
Kolte patil	337.9	169.9	98.88169511	14.83	25703765321	76069150
Delta corp	352.75	170.45	106.9521854	4.65	94094133663	266744532
VIP Industries	350.5	180.6	94.07530454	7.83	49597658122	141505444
IFB Industries	1440	706.4	103.8505096	15.61	58263999840	40461111

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