Top 25 Multibagger Stocks with High Growth to accumulate in all the further corrections.
This is the continuation to the Part – 1 of Top 25 Multibagger Stocks. You can also check here the same.
Part – 2 of Multibagger Stocks:
13. CDSL Ltd
CDSL Ltd is an India’s leading depository service provider. This company is currently backed by leading banks like HDFC Bank, Canara Bank and others.
This company outperformed the NSDL in providing depository services and become multibagger stocks. We can see the retail participation in stock market as big positive to this compay, because if retail participation increases, automatically the demat accounts will get increased. So there is need of CDSL to store the shares and CDSL will play the key role in lot of corporate actions such as Dividends, Stock Split, Bonus shares issue and etc.
we can see it big positive for this company as lot of IPOs are coming into the market. So all these reasons will drive the stock further. This company is the debt free stock and the important levels to add this stock in further corrections are 1015 and 561.
14. TATA Elxsi Ltd
TATA Elxsi Ltd is one of the world’s leading player in providing design and technology services across the industries, including Automobile, Communication, Health Care and Media.
This company is a very strong both financially and fundamentally as their parent group is TATA. This company is providing AI & ML integrated technology solutions across the world as this company has the strong geographical presence.
This company is going to play a key role in the future as EV theme is going to establish and also developing technology that plays key role in driver less cars. In one word this company is the futuristic company also will become as a key player in AI & ML era. as it is this stock is a debt free company and the important levels to add this stock in further corrections are 2089 and 3059. This stock is currently trading 6410.
15. L & T Infotech Ltd
Larsen & Toubro Infotech is one of the leading IT service provider. As this company is providing digital solutions across the world, we can see it as a futuristic company.
This company is providing various IT services across the industries such as application development, IT infrastructure, applications management, outsourcing services, platform based solutions, software testing and digital solutions. This stock is also a debt free company and the key levels to add this stock in further corrections are 5612, 4230 and 3500. This stock is currently trading at 6835.
16. L & T Technology Services Ltd
L&T Technology Services Ltd is one of the leading player in providing Engineering services and Reasearch and Development services in Engineering segment.
This company also provides the digital solutions to the various industries such as Transportation, Communication and others across the world. This company is having the 9 Fortune 500 companies as it’s clients. Also this company is the debt free and capable enough to become multibagger stocks. The important levels to add this stock in further corrections are 4500, 3800 and 2830. This stock is currently trading at 5092.
17. Mindtree Ltd
Mindtree Ltd is the leading IT service player in India from midcap. This company offers various IT & digital solutions to it’s clients such as IT consulting services, cloud solutions and services, Data & Intelligence solutions, Enterprise IT transformation, Business automation and other AI based digital solutions across the industries such as Banking, Insurance, Retail, Capital Markets, Info & Education, Transportation, Media & Entertainment and Health, etc. This company is one of the fastest growing IT company in India. This company is also a debt free company and the key levels to add this stock in further corrections are 4100, 2900 to 2300 and 1580. This stock is currently trading at 4830.
18. Persistent Systems Ltd
Persistent Systems Ltd is leading digital engineering solutions provider and this company helps it’s clients to modernize their business and helps them to transform their business into digital mode. This company offers vast range of digita solutions across the industries such as Banking, Insurance, Health Care, Life sciences, Industrial, Software & Hi – Tech and Telecom & Media. Also this company has strategic partnerships with Google cloud, Microsoft, IBM, Red Hat, Amazon web services and many other to provide very efficient & effective digital solutions to it’s clients. The important levels to add this stock in further corrections are 3040, 1830 and 1090. This stock is currently trading at 4150.
19. Ease My Trip Ltd
Ease My Trip is India’s one of the leading travel planning services portal, that offers B2B, B2C and B2E services.
This company brought various travel plan and advisory services in the view of Indian Middle Class families to make their travel plans in budget. also got succeeded.
This company is alos offering convenience fee free bookings in their portals. by bringing their booking access to the travel agents, this company also reached rural india. in this portal can anyone plan their tips by booking hotels, flights, buses, cabs and activities within the affordable budgets. This company almost a debt free company, which is capable enough to become multibagger stocks.The important levels to add this company in further corrections are 367 and 228. This stock is currently trading at 513.
20. Neogen Chemicals Ltd
Neogen Chemicals Ltd is one of the India’s leading manufacturer of Bromine and Lithium based Speciality Chemicals. This company manufactures Organic Chemicals, Inorganic Chemicals, Grignard Reagents, Advanced Intermediaris and other Chemistries.
The Intermediaries which have been developed by this company are using in Pharmaceuticals, Agro chemicals, Paints and Construction chemicals. The important levels to add this stock in further corrections are 1030, 800 and 600. This stock is currently trading at 1270.
21. Astral Ltd
Astral Ltd manufactures Plumbing Pipes & Fittings, Sewerage drainage Pipes & Fittings, Agriculture Pipes & Fittings, Water Tanks, Industrial Pipes & Fittings, Cable Protection, Surface Drainage System, Insulation Tube and other Ancilla;ry Products.
This portfolio clearly suggests that this company is the industry leader in manufacturing pipes. As well india is growing gradually there is a big need of quality infrastructure. so this company will play a key role. The important levels to add this stock in further corrections are 1954, 1390 and 938. this stock is currently trading at 2300.
22. Coforge Ltd
Coforge Ltd is one of leading IT services exporter and this compay offers it’s services to the Banking and Insurers, where there is highly technology advancement needs. also this company is working on developing AI based digital solutions such as Image recognition, robotics, data analytics, smart assistants and many more. Coforge Ltd also acquired the companies that are effectively working on AI & ML and digital solutions, The important levels to add this stock in further corrections are 4030, 3230 and 2800. This stock is currently trading at 5350.
23. Alkyl Amines Ltd
Alkyl Amies Chemicals Ltd is one of the India’s leading amines manufacturer. This company manufactures Aliophatic amines and also manufactures amines that are derived from Methyl, Ethyl and Propyl. Alkyl Amines is also a debt free company and generating positive cash flows from it’s operations consistently. The important levels to add this stock in further corrections are 3060, 2250 and 1425.
24. Deepak Nitrite Ltd
Deepak Nitrites Ltd is having a vast range of chemicals portfolio, that manufactures Organic, Inorganic, Fine and Speciality Chemicals also a wide range of Intermediaries, used in across the industries.
This company is a monopoly in manufacturing Sodiam Nitrite, Sodium Nitrate and Nitro Toluenes in India. This company is having the great potential to grow as there is a big demand for chemicals across the world as chinese chemical companies were shut down due to high pollution in China, which is applicable enough to become multibagger stocks. The important levels to add this stock in further corrections are 2020, 1710 and 920. This stock is currently trading at 2360.
25. Route Mobile Ltd
Route Mobile’s customers ae Google, Facebook, Microsoft, Vodafone Idea and many more. so we can understand that how much potential this company is having. definitely this stock has a great potential to grow further. this company offers enhanced messaging services, Email Services, Voice calling Services, Identity Solutions to it’s clients to build and to establish proper communication between companies and it’s customers. The important levels to add this stock in further corrections are 1830, 1400 and 1080.. This stock is currently trading 1970.
Conclusion :
The above mentioned multibagger stocks are already become multibagger stocks and trading at their All time highs and now started correcting due to profit booking and exiting some of institutional investors. apart from these there is nothing happening bad in the companies. so now we can see this correction as an opportunity to invest for who not invested yet and it’s the opportunity to average the stocks for who entered in the high prices.
All the companies are very strong and has strong potential to grow further as indian economy to grow lot. we strongly recommend to not invest total money at a time, devide that money into 3-4 parts and add these stocks in evey important levels that we have mentioned above. we also recommends, better try to understand the business and the company before investing, so that it builds the confidence to add the stock in every important level.