10 multibagger stocks for 2018

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10 multibagger stocks for 2018

The stock of artificial leather manufacturer Mayur Uniquoters has risen 8, percent during the last 10 years. This multibagger stock touched its all-time high of Multibaggers are stocks which are undervalued and have strong fundamentals, thus becoming valuable offering for investors in the equity market. These are stocks that deliver returns that are several times their costs. It closed 0. Its market capitalisation at the end of trade today stood at Rs The stock is trading above its day moving average and day moving average of The stock's return on assets stands at Similarly, its return on equity comes to The firm reported 0. Its net profit fell 3. Brokerage CD Equisearch has given "accumulate rating" to the stock this month with a revised target of Rs The brokerage in a note said, "Mayur reported a The company is confident of getting approvals for orders by Mercedes Benz in FY19 and has been modifying its process to grab such approvals. This would doubtlessly accentuate greater exposure to other prospective customers in the European market.

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As the year is drawing to an end, comparisons are bound to be drawn in terms of annual returns as compared to last year's. However, the big talking point is the number of stocks that gave multibagger returns. In , that number reduced to just 5 — that's a 97 percent fall from previous year's number of Market performance in was a complete contrast to The year started with a bang and benchmark indices continued to hit record highs, but the momentum fizzled out post Budget. The Nifty YTD is up 1.

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10 multibagger stocks for 2018

With the stock market near record highs, it can be hard for investors to know where to turn. The stocks that are on sale lately are stodgy dividend payers. On the other hand, the big and popular tech stocks, such as the FAANG names, are already widely-known and highly-priced. Fortunes are rarely made following the crowd, either. Taking that into account, here are four potential multibagger stocks that are more off the beaten path. These are riskier names, and some of them could end up failing.

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Why the optimism? Fill in your details: Will be displayed Will not be displayed Will be displayed. Exclusive Student Only Offer. Worry not. Yearly Save Well, after a double-digit correction seen in , the valuations have come down to attractive levels, even though the broader market is still trading at a premium. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds. Already a Member? Candlestick Screener. Education Jobs Lifestyle. Abc Large. Multibaggers are stocks which are undervalued and have strong fundamentals, thus becoming valuable offering for investors in the equity market. Limited Access.

By all measures, was a stellar year for U. But, will the smooth sail continue this year?

Choose your reason below and click on the Report button. Exclusive invites to Virtual Events with Industry Leaders. Markets Data. Lastly, the turn in the interest rate cycle means liquidity condition is not as loose as in , which can be a drag on performance, he added. Related stories. View More Stories. This multibagger stock touched its all-time high of Live Stream! Mayur Uniquoters was incorporated as a public limited company in Already a Member? The company is confident of getting approvals for orders by Mercedes Benz in FY19 and has been modifying its process to grab such approvals.