10 multibagger stocks for 2018

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10 multibagger stocks for 2018

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. In the case of frontline indices, they touched record highs in August with the help of heavyweights, but fell sharply post that. Nifty saw heavy selling pressure around 11, and for Sensex it was above 36, Why the optimism? 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. Misra further added that in the near to mid-term, we expect largecaps to perform better as mid and smallcap valuations are not yet favourable. The first half of may prove to be difficult for equities on account of the elections. 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.

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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

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10 multibagger stocks for 2018

By all measures, was a stellar year for U. But, will the smooth sail continue this year? The market is also expected to continue its winning streak banking on a rise in wages and more confident consumers.

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Continue reading with one of these options:. Also, ETMarkets. Commodities Views News. This will alert our moderators to take action. Multibagger trap: Star performers of that turned out to be wealth destroyers in It seems like you're already an ETPrime member with Login using your ET Prime credentials to enjoy all member benefits Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Also, ETMarkets. Stock Screener. Similarly, its return on equity comes to This multibagger stock touched its all-time high of Pick the best stocks for yourself.

In this article, we will take a look at the 12 best mulitbagger penny stocks to buy.

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