Multibagger Stocks: The rally has started once again in the stock market. In Samvat 2077, the market is setting new records. Sensex touched 44000 level for the first time in trading on November 17 or Tuesday. At the same time, the Nifty also reached close to 12900. Market experts are assuming that the rally is just the beginning of the market. In Samvat 2077, the market will go to a new high amid small changes. Global brokerage house Morgan Stanley believes that in 2021 the Sensex may touch the level of 50 thousand. In this boom, some stocks which have proved to be the first multi baggers are also ready to make big money.
Experts and brokerage houses are recommending returns in view of the strong fundamentals of these multibagger stocks. These include stocks such as Caplin Point Lab, Aarti Industries, Ajanta Pharma, Atul Limited and Symphony. These shares have given 13268 per cent returns in the last 10 years. Or we can say that the money of investors has been bought up to 134 times.
Caplin Point Limited is a midcap company that is a major company in the pharma and health sector. It also manufactures and markets pharma products. The company also makes special products in this area. Caplin point has given 13268 percent return in last 10 years. At Caplin Point, brokerage house ICICI Direct has given a target of Rs 605 in the stock. In terms of current price of Rs 474, it can get up to 28 per cent return. The company’s second quarter revenue grew 18 percent year-on-year to Rs 268 crore. EBITDA margin improved 131 points to 32.6 percent. Margins have increased due to better overall operational performance. EBITDA grew by 22.9 percent on an annual basis. The company’s profit has been 57 crores.
Ajanta Pharma is a renowned pharmaceutical company. It has given close to 4900 per cent returns to investors in the last 10 years. In this Daukran share, there has been a growth of Rs 1516. Today the share price is 1547 rupees. Anand Rathi, a brokerage house at Ajanta Pharma, has given a target of Rs 1980. According to the current price, it can get 28 percent return. In the second quarter, the company’s revenue grew by 11.4 percent on an annual basis to 720 crore. There has been growth in both the US and Africa markets. The company is benefiting from better product mix of generic and branded. The company’s margin is 420 points. The PAT is 45.3 per cent to 170 crores.
In Aarti Industries, the returns for the last 10 years have been 3036 percent. In the company’s stock, brokerage house HDFC Securities has suggested investment of Rs 1285 and DART with a target of Rs 1441. The current price of the stock is Rs 1122. In this sense, the stock can get a percentage return. Aarti Industries is continuously increasing its customer base. According to the report, the company’s profit for FY21-23E can grow by 22 per cent CAGR.
Symphony has given 1236 per cent returns to investors in the last 10 years. Brokerage house ICICI Direct has given a target of Rs 960 for the stock. The current price is 839 rupees.
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