INSUBCONTINENT EXCLUSIVE:
Spotting a stock early before a change in business dynamics can help you earn multibagger returns on Dalal Street
Investors who got their thesis right must have been able to pick at least a couple of the 45 stocks from the BSE500 index, which have
rallied over 1,000 per cent between September 2013 and this month
This means each of these stocks multiplied investor wealth by over 10 times in five years.
The list included stocks like Indiabulls Ventures
which has surged 6,600 per cent to Rs 729.10 as of September 17, 2018 from Rs 10.90 on September 17, 2013
An investment of Rs 10,000 on this stock in 2013 would have become over Rs 6 lakh today.
It was followed by a cable firm KEI Industries (up
Brokerage firm Anand Rathi Financial Services said it expects the company to clock 18 per cent, 25 per cent and 31 per cent growth (CAGR)
in revenue, Ebitda and PAT, respectively, over FY18-20 owing to a strong EPC order book, rising revenue share of EHV cables and retail
a revised target price of Rs 510
Shares of the company traded at Rs 377 on September 18
Among others, Minda Industries, Phillips Carbon Black, Avanti Feeds, HEG, Bajaj Finance, IFB Industries, Dalmia Bharat and Navin Fluorine
International also gained between 2,000 per cent and 4,000 per cent during this period.
Global brokerage Macquarie recently initiated
The company is a leading supplier of automotive switches, lamps and horns
In recent years, Minda acquired global players in lamps and horns, which enhanced its market position and technological
accessories for motor vehicles
It is also engaged in the business of manufacturing and trading of home appliances, and manufacturing of fine blanking components.
Meghmani
Organics, Aarti Industries, Tata Metaliks, Nilkamal, Sundram Fasteners, Sterlite Technologies, Bombay Burmah Trading Corporation, TVS Motor
Aarti Industries is a leading player in benzene-based intermediate products, and an integral part of value chain for several global chemical
and 20 per cent Ebitda and PAT CAGR over FY14-18 with 21.6 per cent RoE in FY18, which reflects its robust business model
We anticipate a step-up in growth with steady 12-15 per cent volume growth in core benzene segment and diversification into toluene
compounds, after the company recently signed two long-term contracts worth Rs 14,000 crore
100 per cent from the current market price of Rs 199
KNR maintains its market position by continuously focusing on engineering excellence, improving and sharpening competencies, adapting latest
growth over FY18-20E, supported by healthy margins and return ratios coupled with well-managed balance sheet, comfortable working capital
Srichakra, Jamna Auto, Graphite India, CanFin Homes, V-Mart, Vinati Organics, Sundaram-Clayton, SRF, Nocil, Ceat, Welspun India, Eveready
Industries, Deepak Nitrite, Relaxo Footware, Bajaj Finserv, VIP Industries and KPR Mills have advanced between 1,000 per cent and 1,500 per
The company is confident that it can pass on cost pressures, and is not worried about a drop in price in China
Macquarie said.
Citi Research is bullish on Ceat with a target price of Rs 1,690
