Can be Pricol Ltd be a multibagger stock because of the new regulation of the Government which requires all public transport vehicles to fit location tracking devices? Pricol has announced that its 2020 vision is to have a top line of Rs. 30 Billion. The present top line is about Rs. 13 Billion. The business of fleet management and telematics is a minor part of Pricol ’s business and contributes about 15% to the top line. This is a scalable business and can contribute in a major way to the Company’ profitability. The valuations at which the Company is quoting are not expensive. The present market cap is only Rs. 850 crore. This is below the book value after the reverse merger of Pricol Ltd with its subsidiary.
Tag Archive: Multibagger Stocks
All investors and traders have a common ambition, namely, that they should be able to buy penny stocks that will become multibaggers and make them enormously rich. They are looking for multibagger penny stocks to buy in 2017 which can be held till 2020 for enormous gains. This ambition to find multibagger penny stocks is not unreasonable because it is a fact that a select few penny stocks have become mega multibaggers and created huge amount of wealth for investors and traders
I am quite bullish is on Jayant Agro which I have been recommending from Rs 250 levels and now, it is ruling at Rs 634-635 because their castor seed, they… Read more >
I like two mid-cap media stocks currently, Zee Media at ~35 levels and Balaji Tele at ~85 levels. Investors could explore and try to understand the business model and their… Read more >
Investors who are looking for a blue chip stock which can become a multibagger can consider a buy of IndusInd Bank. Why is IndusInd Bank a blue chip stock? IndusIndia… Read more >
Trident Ltd is one of the stocks that Dolly Khanna has been holding for a long time in her portfolio. Dolly Khanna bought Trident in the beginning of 2016. Her holding in the stock did not exceed 1% till December 2016. In December 2016, the holding in the stock exceeded 1% and was seen in Dolly Khanna’s portfolio
Stocks To Buy Now Normally, after Q3FY17 results, investors have a good idea of the financial performance of the stocks and can decide what stocks are ripe for a buy…. Read more >