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    Home » Multibagger stock: 10 thousand became 1 crore, returns up to 1000 times
    Business

    Multibagger stock: 10 thousand became 1 crore, returns up to 1000 times

    Archana SharmaBy Archana SharmaAugust 25, 2020Updated:August 25, 2020No Comments
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    Multibagger Stocks

    Multibagger is a term in the stock market world. Multibagger shares are said to be those shares that give investors multiple times the return of the investment price. However, it is important to identify such shares correctly. According to veteran investor Peter Lynch, investors who are able to correctly identify the multi-bagger and maintain their investment for a long time, their wealth grows rapidly in the coming years.Actually the stock market is such a place where if you identify the right investment, then you can get manifold returns of your investment in a short time. However, investment here is subject to risk. But if the fundamentals of the stock are strong then there is not much effect of fluctuations on it. Talking about the last 10 years, there are some such stocks, which have increased the money of investors by 1000 times. Of these, up to 96293 per cent has been received. There is still scope for investment in some of these stocks.

    10-year-old top 10

    Relaxo Footwear

    Returns: 96293%
    Current Price: Rs 638
    Stock gain: Rs 637.34

    Avanti Feeds

    Returns: 28296%
    Current Price: Rs 517
    Stock gain: Rs 515

    Westlife Development

    Return: 11258%
    Current Price: Rs 576
    Stock gain: Rs 372.64

    Alkylamines chemical

    Return: 7185%
    Current Price: Rs 3400
    Stock gain: Rs 3354

    Astral Poly Clinic

    Returns: 5671%
    Current Price: Rs 1183.50
    Stock gain: Rs 1163

    Bajaj Finance

    Return: 5591%
    Current Price: Rs 3492
    Stock gain: Rs 3431

    Ajanta Pharma

    Returns: 4864%
    Current Price: Rs 1611
    Stock gain: Rs 1579

    Atul Auto

    Returns: 4448%
    Current Price: Rs 5842
    Stock gain: Rs 5714

    Vaibhav Goyal

    Returns: 4326%
    Current Price: Rs 1700
    Stock gain: Rs 1661

    New fluorine

    Return: 3518%
    Current Price: Rs 2145
    Stock gain: Rs 2086

    Granules India

    Returns: 3263%
    Current Price: Rs 318
    Stock gain: Rs 308

    Vinati Organics

    Returns: 2831%
    Current Price: Rs 1132
    Stock gain: Rs 1091

    Balakrishna Industries

    Returns: 1956%
    Current Price: Rs 1374
    Stock gain: Rs 1308

    Britannia Industries

    Returns: 1826%
    Current Price: Rs 3908
    Stock gain: Rs 3705

    Natco Pharma

    Return: 1751%
    Current Price: Rs 851
    Stock gain: Rs 805

    Which shares still have a chance?

    Brokerage house Sharekhan has suggested investing in Relaxo Footwear at a target of Rs 825. At the same time, brokerage house Motilal Oswal has given a target of Rs 1815 in Ajanta Pharma. Brokerage house Axis Securities has advised investing in Britannia Industries with a target of Rs 4300. At the same time, ICICI Direct has advised investing in Natco Pharma with a target of Rs 950.

    How to choose Multibagger

    Focus on management and credentials with the company’s growth story. See how the company is performing compared to its counterparts. See the default history of the company. Companies with potential to become multi-baggers are ahead of other companies in their field. Keep an eye on growth in the company’s earnings. See what is the status of the capital of the company, is there any debt on it?

    Get Business News, latest India News, and other breaking news on the share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for the latest financial news and share market updates.

     

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    creorepati stocks how to choose crorepati stocks how to choose multibagger stocks invest in stock market multibagger Multibagger share stock market return stock market top gainers these multibagger stocks make investors wealthy these stocks have given up to 1000 times return top gainers
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