Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Stock Market
Top 5 Multibagger Stocks for 2017

Top 5 Multibagger Stocks for 2017

Raviraj Parekh May 17, 2020

multibagger stocks for 2017

2016 was a tough year for the stock market. In January 2016, Sensex started its journey from 216160 level and expected to end at the similar levels. It was a difficult task to make returns from the stock market this year. Only a few stocks were able to generate a good return in 2016. The major events that affected stock market in the year 2016 were Brexit, US election, and demonetization.

Soon we will be entering into New Year 2017. Demonetization, GST, and global market condition will be key driving factors for the Sensex in 2017. I hope that 2017 will be a good year for the stock market and Investors.

Before moving ahead with 5 Multibagger stocks of 2017, let’s do a quick recap of 7 multibagger stocks which was suggested by me in 2016.

Do not miss below posts -
  • Best Portfolio Management Services (PMS) in India
  • Midcap crash cost 1000 Cr to Rakesh Jhunjhunwala Stock portfolio
  • Bluechip Stock – Should You Invest in Bluechip Stocks?

Also Read – Multibagger Wealth Creator Stocks by Raamdeo Agrawal

stocks 2016

Out of these seven stocks, three stocks turn out to be a clear cut winner and wealth generator for investors. Stocks like Eicher Motors, SBI and Maruti were able to generate 41%, 17% and 13% returns for the investors.

Keeping the same pace and positive thoughts in mind here is list of top 5 multibagger stocks of 2017.

Top 5 Multibagger Stocks for 2017

Ajanta Pharma

CMP – 1840 Rs/-

Target Price – 2250 Rs/-

Potential Upside – 22%

Ajanta Pharma is first Multibagger stock for 2017. Ajanta Pharma is a net debt free company that caters to the specialty generic drug market where the scope for growth is immense.

Do not miss below posts -
  • 5 Bluechip Stocks with Growing Market Cap & Returns
  • Technical Analysis of Stocks Basic with Example
  • Porinju Veliyath Stock Recommendation for 2017
  • In last 5 years, this stock price has increased by 9.2 times. This stock was trading at Rs.200 in Dec 2011 and currently trading at Rs.1840.
  • In last year stock has given 40% CAGR return.
  • For last 5 years, a company has posted healthy performance with its consolidated revenue growing at 26% CAGR and net profit at 51% CAGR.
  • Ajanta Pharma has got future business potential backed by strong management.

Also Read – 11 Multibagger Dolly Khanna Stocks of 2017

Force Motors

CMP – 3889 Rs/-

Target Price – 4800 Rs/-

Potential Upside – 23%

Force Motors is next multibagger stock pick for 2017. Force Motors is a manufacturer of multi utility vehicles, light and heavy commercial vehicles.

  • In last 5 years, this stock price has increased by 9.72 times. This stock was trading at Rs.400 in Dec 2011 and currently trading at Rs.3890.
  • In last year stock has given 37% CAGR return.
  • They have recently set up new manufacturing unit near Chennai for BMW car. Looking at increasing luxury car segment it is expected that this stock will grow rapidly in days to come. You can purchase this stock with target price of Rs.4800.

Maruti Suzuki

CMP – 5141 Rs/-

Target Price – 6000 Rs/-

Potential Upside – 16%

Maruti Suzuki is next multibagger stock for 2017. Maruti Suzuki is leading automobile manufacturer of India.

  • In last 5 years, this stock price has increased by 5.68 times. This stock was trading at Rs.905 in Dec 2011 and currently trading at Rs.5141.
  • In last year stock has given 13% CAGR return.
  • The premium segment Nexa car Baleno and S-cross launched by Maruti is doing well. Maruti is also planning to launch new cars named as Ignis and YJC.

Indusind Bank

CMP – 1071 Rs/-

Target Price – 1300 Rs/-

Potential Upside – 21%

Indusind Bank is one of the best multibagger stocks for 2017. Indusind is leading private sector bank established by Hinduja group.

  • In last 5 years, this stock price has increased by 4.78 times. This stock was trading at Rs.224 in Dec 2011 and currently trading at Rs.1071.
  • In last year stock has given 17% CAGR return.
  • Low NPA level and consistent growth make this stock more attractive.

Also Read – How to do Fundamental Analysis of Stock? 

NBCC

CMP – 225 Rs/-

Target Price – 300 Rs/-

Potential Upside – 33%

NBCC is public sector owned building & Construction Company. This company also provide project management & consultancy services.

  • In last 4 years, this stock price has increased by 11.25 times. This stock was trading at Rs.20 in April 2012 and currently trading at Rs.225.
  • In last year stock has given 19% CAGR return.
  • A healthy order book and upcoming order flow make this stock very attractive.

If you enjoyed reading this article, do share with your friends through facebook and twitter.

Note – Stock recommendation given above is after careful research and study; if required you can concern financial advisor or expert before taking any position in above stocks.

Prev Article
Next Article
Tags:best stocks 2017 good stocks 2017 multibagger stocks stocks 2017 top investment 2017 top stocks 2017

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

2 Comments

  1. sushital debnath

    Very good l like it.

    May 14, 2017
  2. Rishika

    you should also consider GHCL which has lowest P/E of 5.93 as compared to industry P/E of 14.94. and also GHCL is leading company in the chemical industry and EBITDA margin also increased and also increase capacity production of SODA-ASH which is the main product

    July 4, 2017

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • How to check Property Records and Land Records online in India?
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • 20 small manufacturing business ideas with low cost
  • 225 Small Business Ideas with Low Investment in 2021-22
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • Income Tax Calculator FY 2019-20 (AY 2020-21) - Excel Download
  • Top 60 Manufacturing Business Ideas
  • 10 ways to Convert Black Money to White

Subscribe to Blog via Email

Join 5,470 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |