Multibagger Stock Ideas To Buy In India 2021 (2024)

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Over the last one-year after markets witnessed bloodbath due to the pandemic crisis, there have been stupendous gains with Nifty scaling new high of 15431.75 on February 16, 2021. Now as the markets are still 5% down from peak, here we suggest few of the stocks that have or have the potential to turn into multi-baggers, meaning reaping huge returns and enabling you to generate good enough wealth, by holding them for some meaningful time.

What are multibaggers stocks?

In numeric terms which hold far more relevance in today's world, multi-bagger stocks are those that can generate over 100% return or just double in price. And there are several triggers that aid in a stock to double in price.

Triggers for a stock to turn into a multi-bagger stock/ How To Identify A Stock Which Can Turn Out to be A Multibagger?

There could be a host of factors aiding the rise of a particular share.

1. Industry headwinds say in the pandemic times after a steep correction pharma shares witnessed a good buying and hence traction in their share price.

2. On potential growth, MFs and other foreign portfolio investors (FPIs) and foreign institutional stocks (FIIs) upping the stake in the counter.

3. Low or no debt for a company is also a plus

4. Then there is earnings and valuation that also come into play for determining the stock's possible rally.

5. Sound management and strategy for the company's growth has also its part to play.

6. Economic moat i.e. any entry barrier that prevents competition into the space that gives the company the authority on product pricing and hence not suffer in adverse times.

7. Stocks with High return ratios typically return on equity (RoE) that point to efficient deployment of capital should also be chosen. But remember here that such companies should have low equity base that triggers the stock to become a multi-bagger.

Multibagger Stock Ideas To Buy In India 2021 (15)

Choosing multi-bagger stocks from Charts

Based on the charts the stock pick for multi-bagger returns can be done basis the Dow Theory and here what is aimed at is those stocks which after bottoming out ( Say as in the recent past of March 2020 correction ) have recovered swiftly on a month basis.
Now coming to multibagger stocks or stocks with potential to turn into multibaggers:

Multibagger stocks to buy in India in 2021

1. Reliance Industries- (Potential to scale to Rs. 10,000 in 2-3 years time)

This is one heavyweight that you definitely be picking at any steep correction as after the steep bottoming out for the reversal to happen on the Nifty , RIL contributed a big 1000 points and now from current levels of around Rs. 1940 it has the potential to scale to Rs. 10000 in 2-3 years time, making 5 times surge in stock price.

Multibagger Stock Ideas To Buy In India 2021 (17)

2. Bajaj Finance:

Actually, when looking at a multibagger stock, brands of importance which need no introduction work. For a stock like Bajaj Finance which has over the years established its brand equity it is being cited by experts that as the stock is trading over Rs. 5000, the journey to Rs. 10000, i.e. the next 5000 journey shall not be very difficult and in fact will be highly rapid. Further, the stock of Bajaj Finance is seen to be the next 'MRF' stock. So 'higher low' can be sought for a stock to get into it. And another factor that can be looked at is for the uptrending stock as is the case with Bajaj Finance.

Multibagger Stock Ideas To Buy In India 2021 (18)

3. Divis Labs:

Pharma pack is expected to outperform all other sectors in the next 3-4 years. And as this stock hasn't given any significant correction over time, this can be another good pick.

Multibagger Stock Ideas To Buy In India 2021 (19)

4. Infosys:

This is one HDFC Securities top pick for 2021 and has been performing overwhelmingly. Now due to increased demand to go digital, cloud technology etc. the company is betting on huge deal wins. Furthermore what comes in its favour is the company's debt free balance sheet as well as potential to generate healthy cash flow.

Multibagger Stock Ideas To Buy In India 2021 (20)

5. SBI Life Insurance:

The life insurance industry amid the pandemic is booming and this private life insurer commands the highest distribution reach which enables it to tap a broader market base. The other positives for the company are high agent productivity as well as SBI Banca association. There is forecasted Cagr of 11% over FY20-22E. New Premium income for the FY22 period is expected to surge to Rs. 54,424.

The stock has showed patterns of continuous uptrend to be a good pick.

GoodReturns.in

Read more about: stocks multibagger stock

Multibagger Stock Ideas To Buy In India 2021 (2024)

FAQs

Multibagger Stock Ideas To Buy In India 2021? ›

Trident Ltd has become a multibagger in a year delivering over 425% return.

Which multibagger stocks to buy now in India? ›

Multibagger Stocks
S.No.NameQtr Sales Var %
1.21st Cent. Mgmt.18.55
2.Sharda Motor18.56
3.Vibrant Glo. Cap-25.91
4.Longview Tea
23 more rows

Which stocks to buy for multibagger? ›

Best multibagger stocks in India (2023)
NameSub-Sector5Y CAGR (%)
Adani Enterprises LtdCommodities Trading62.94
Tube Investments of India LtdCycles60.59
Tanla Platforms LtdSoftware Services73.18
Linde India LtdCommodity Chemicals54.25
2 more rows
Apr 6, 2023

Which stock can be next multibagger? ›

NEXT MULTIBAGGER STOCK
S.No.NameCMP Rs.
1.Cenlub Industrie254.60
2.Gretex Corporate192.00
3.Sarthak Metals174.85
4.Galaxy Bearings1169.25
20 more rows

Which is best share to buy in 2021 in India? ›

Industry
  • Reliance Industries. Multinational Conglomerate.
  • Tata Consultancy Services (TCS) Information Technology.
  • Infosys. Information Technology.
  • HDFC Bank. Banking.
Jan 12, 2023

Which stock will double in 2023 India? ›

Best Multibagger Stocks to Buy – Summary Table
Sr. NoCompany NameBSE Scrip Code
1CCL Products519600
2Federal Bank500469
3Kei Industries517569
4Varun Beverages540180
6 more rows
Mar 9, 2023

What are the top 3 stocks to buy right now in India? ›

Stocks to Buy Today
STOCKACTIONTRADE PRICE
LODHABUY940
MSTCLTDBUY298
CHOLAFINBUY854
COFORGEBUY4051
1 more row

Can Trident be a multibagger? ›

Trident Ltd has become a multibagger in a year delivering over 425% return.

Can Tata Steel be a multibagger? ›

Shares of Tata Steel and Jindal Stainless are among the key picks in the metal sector, with the former attracting investor attention due to Tata Group and the latter delivering multibagger returns during the last six months.

How do I find potential multibagger stocks? ›

You can find it in the annual report of the company. Small-sized companies can also have the right characteristics of a multibagger stock, especially if its a market leader in the business segment.

Is Yes Bank a multibagger? ›

Multibagger stock for 2023: Yes Bank is expected to cut down its provisioning in Q3FY23 like other banks, believe experts. Multibagger stock for 2023: After giving breakout at ₹18 and news of RBI's approval for transfer of NPA to JC Flowers ARC, Yes Bank has been the stock in focus.

What stocks will double in 2023? ›

7 Growth Stocks That Can Double in 2023
TickerCompanyPrice
DRSLeonardo DRS$13.03
CURLFCuraleaf Holdings$3.97
RIOTRiot Platforms$5.64
CPNGCoupang$18.13
3 more rows
Jan 11, 2023

Is JP Power a multibagger? ›

JP Power-stock price trajectory

The company is a multibagger and has moved in price from levels of Rs. 2.9 as on April 26, 2021 to Rs. 7.8, resulting in 169% return. The company's YTD return and 1-month returns are at 25% and 14%, respectively.

Which stock will boom in 2023? ›

Bank of America's Best Growth Stocks of 2023
Company5-Year EPS Estimate
Progressive (PGR)+28.6%
SolarEdge Technologies (SEDG)+42.0%
T-Mobile (TMUS)+66.6%
United Rentals (URI)+15.6%
6 more rows
Apr 11, 2023

Which stocks will grow in 2023 in India? ›

Performance of the top 5 stocks of 2023
Stock SymbolMarket Price Rs1-year Returns (%)
ITC379.2049.59
M&M1,172.0041.54
BRITANNIA4,301.8533.84
NTPC177.9024.38
6 more rows
Apr 10, 2023

Which is the No 1 profitable share in India? ›

Reliance Industries Limited (RIL)

Mukesh Ambani led Reliance Industries Limited is the highest profit-making company in India having a diversified portfolio in multiple sectors such as oil, gas, retail, banking, digital and others.

Which stock can be multibagger in 2025? ›

Multi-Bagger Penny Stocks For 2025
NameCurrent Market PriceAnnual Range
South Indian BankINR 14.45INR 7.25 - INR 21.80
Yes Bank14.9INR 12.10 - INR 24.75
Trident LtdINR 26.25INR 25.05 - INR 57.40
Bajaj Hindusthan SugarINR 12.80INR 8.35 - INR 22.35
1 more row
Mar 30, 2023

Which sector will boom in 2023 in India? ›

2023-2024 will likely push renewables even further. This makes the energy sector one of the best sectors to invest in India right now.

What penny stocks will explode in 2023? ›

So, if you can handle the heat, below are penny stocks to consider.
...
7 Penny Stocks Poised for Explosive Growth in 2023.
OLPXOlaplex$4.62
ROVRRover Group$4.28
BTGB2Gold$3.54
DNNDenison Mines$1.26
PLPlanet Labs$4.48
2 more rows
Mar 2, 2023

Which Indian stock is growing fast? ›

FAST GROWING STOCK
S.No.NameDiv Yld %
1.LTI Mindtree1.00
2.Gujarat Gas0.44
3.Sumitomo Chemi.0.25
4.Fine Organic0.21
23 more rows

Which stock has potential in India? ›

The below table covers some of the most important factors while evaluating Growth stocks.
COMPANY NAMENSE CODEBSE CODE
Muthoot FinanceMUTHOOTFIN533398
Petronet LNGPETRONET532522
Coromandel InternationalCOROMANDEL506395
Polycab IndiaPOLYCAB542652
2 more rows
Mar 9, 2023

Which is more safe stock in India? ›

Safe stocks
S.No.NameCMP Rs.
2.EKI Energy436.25
3.Kwality Pharma321.40
4.Jainam Ferro152.00
5.Add-Shop E-Reta.41.58
23 more rows

Should I hold TRIDENT or sell? ›

Is Trident Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that Trident Ltd is a average quality company.

What is the next target of TRIDENT? ›

Stock price target for Trident Limited TRIDENT are 30.7 on downside and 31.75 on upside.

Is it worth buying TRIDENT shares? ›

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Trident Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Which 4 companies will Tata Steel merge? ›

Besides Angul Energy, the six subsidiaries to be merged with Tata Steel are Tata Steel Long Products (TSPL), The Tinplate Company of India, Tata Metaliks, TRF, Indian Steel & Wire Products, and Tata Steel Mining and S&T Mining Company.

Should I hold Tata Steel or sell it? ›

A majority of analysts believe one should buy shares of Tata Steel at this point due to favourable fundamental and technical factors. Shares of the company have underperformed the BSE Metal index and the equity benchmark Sensex in the last one year.

Is JSW Energy a multibagger? ›

In fact, shares of JSW Energy shed their multibagger tag in 2022. Prior to 2022, the stock zoomed 344% in 2021. The stock, which closed at Rs 67.60 on December 31, 2020, ended at Rs 300.50 on December 31, 2021. In the last three years and five years too, shares of JSW Energy have gained 325% and 228%, respectively.

Which is the best multibagger? ›

  • Axita Cotton. Smallcap textile stock Axita Cotton tops the list as FIIs have hiked their shareholding to 11.63% in Q3. ...
  • Apar Industries. ...
  • Mazagon Dock Shipbuilders. ...
  • BLS International Services. ...
  • The Karnataka Bank. ...
  • Power Mech Projects. ...
  • South Indian Bank. ...
  • Rail Vikas Nigam (RVNL)
Feb 17, 2023

What are multibagger penny stocks? ›

Multibagger penny stock: If an investor had invested ₹1 lakh in this penny stock one year ago, its ₹1 lakh would have turned to ₹17 lakh today. Multibagger stock: If an investor had invested ₹1 lakh in this penny stock six months ago, its ₹1 lakh would have turned to ₹2.75 lakh today.

How do I make a multibagger portfolio? ›

Let us take another example:
  1. Rebalance Portfolio with the right size of Asset Allocation.
  2. Proper Diversification within Asset Class.
  3. Avoid Falling Trap for Value Hunt.
  4. Keeping Adequate Cash.
  5. Control over Psychological Emotion.
  6. Checklist to Identify Multibagger Stocks.
  7. Bottom Line.
Aug 25, 2022

Is HDFC Bank a multibagger? ›

HDFC Bank share price: HDFC Bank has been one of those companies that have given multibagger returns to investors in the last two decades.

What is the target of Adani power? ›

As on 28th Apr 2023 ADANIPOWER SHARE Price closed @ 224.85 and we RECOMMEND Sell for LONG-TERM with Stoploss of 239.45 & Strong Buy for SHORT-TERM with Stoploss of 182.79 we also expect STOCK to react on Following IMPORTANT LEVELS.
...
ADANIPOWER Important Levels Intraday.
RESISTANCE243.83
SUPPORT211.96
SUPPORT205.87
5 more rows

What will be the target price of YES Bank share in 2023? ›

While revising FY24 earnings estimates, ICICI Securities said that the risk rewards appear unattractive. "We downgrade the stock to REDUCE from HOLD," it said. The brokerage has set a new target price of Rs13.5.

What is the fastest growing penny stock? ›

Fastest Growing Penny Stocks
Price ($)Market Cap ($M)
Inter & Co. Inc. (INTR)1.50602.7
Brandywine Realty Trust (BDN)4.71808.8
Lloyds Banking Group PLC (LYG)2.3238,799.5

What is Elon Musk investing in? ›

Elon Musk invests in cryptocurrencies, private companies, and manages his wealth via a dedicated family office called Excession. Musk recently purchased Twitter in a $44 billion leveraged buyout, further diversifying his portfolio.

Which power stock is best? ›

List of Best Energy Stocks in India 2023
  • Reliance Industries.
  • ONGC.
  • Adani Green.
  • Oil India.
  • GAIL (India)
  • Indraprastha Gas.
  • Coal India.
Jan 11, 2023

Which power share is best? ›

Tata Power and Adani Power are some of the top stocks in the thermal power sector. 2. Renewable Energy - Renewable energy includes wind and solar power. The total installed capacity of renewable power is 103.05GW.

What are the top 3 PSU stocks? ›

Detailed overview of the Best PSU stocks to buy now in India
Sr. No.Company NameNSE Symbol
1Oil & Natural Gas Corporation Ltd.ONGC
2Bharat Petroleum Corporation Ltd.BPCL
3Indian Oil Corporation Ltd.IOC
4GAIL (India) Ltd.GAIL
1 more row
Mar 5, 2023

What are the top 10 stocks to buy in 2023? ›

10 of the Best Stocks to Buy for 2023
StockYTD Total Returns Through April 24
Walt Disney Co. (DIS)14.7%
PayPal Holdings Inc. (PYPL)4.3%
EOG Resources Inc. (EOG)-5.9%
Grupo Aeroportuario del Sureste SAB de CV (ASR)21.9%
7 more rows
4 days ago

What stocks to buy for next 10 years? ›

Best Stocks to Buy for the Next 10 Years
  • Corebridge Financial, Inc. (NYSE:CRBG) Trailing Twelve Month P/E: 1.59. ...
  • Navios Maritime Partners L.P. (NYSE:NMM) Trailing Twelve Month P/E: 1.51. ...
  • Netcapital Inc. (NASDAQ:NCPL) ...
  • Jiayin Group Inc. (NASDAQ:JFIN) ...
  • Obsidian Energy Ltd. (NYSE:OBE)
Mar 13, 2023

Which stocks to buy in 2023 India? ›

  • Infosys1258.30-9.42% Wipro361.35-1.89%
  • HPCL. Cosmo Films. Swaraj Engines.
  • Sonata Software799.80-5.76% Rail Vikas Nigam73.10-0.61%
  • NMDC111.450.13%
  • Value Stocks. NMDC111.450.13% Sun TV422.55-1.51% Bhansali Engg103.95-0.53% GNFC544.80-0.20%
Mar 6, 2023

Which stock to buy for next 5 years? ›

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group9.35
2.Fineotex Chem239.30
3.R Systems Intl.252.80
4.Oil India254.85
23 more rows

Which stocks to buy for 5 years in India? ›

Here are 6 such companies.
  • a) HDFC Bank (CMP Rs1,610.35 and Market Cap at Rs898,534 crore). ...
  • b) TCS Ltd (CMP Rs3,199.25 and Market Cap at Rs11,70,622 crore). ...
  • c) Reliance Industries (CMP Rs2,331.75 and Market Cap at Rs15,77,566 crore). ...
  • d) NTPC Ltd (CMP Rs177.70 and Market Cap at Rs172,310 crore).
Apr 10, 2023

Which stock best for 2030 in India? ›

Ultimate Growth stocks 2021-2030
S.No.NameCMP Rs.
1.Lloyds Metals284.90
2.Page Industries40651.95
3.Indian Energy Ex152.20
4.I R C T C607.90
23 more rows

Why is MRF share price so high? ›

The company spends a large amount of money on advertising itself so that people know about its products. The price of MRF shares remains high because people still want to buy its products. Since the demand for these products remains high, the price of MRF shares remains high as well.

Which share is best for long term? ›

best long term stocks
S.No.NameCMP Rs.
1.EKI Energy512.75
2.Tips Industries1667.60
3.Guj. Themis Bio.738.85
4.Easy Trip Plann.45.15
23 more rows

Which is best stock to buy in India? ›

Stocks to Buy Today: Best Shares to Buy in India
Company NameLTPAll T/H Date
HDFC Bank1661.9518-10-2021 12:00:00
Wipro364.9514-10-2021 12:00:00
HCL Technologies1046.524-09-2021 12:00:00
Hind. Unilever2515.621-09-2021 12:00:00
42 more rows

Which stock can be multibagger in 2025 in India? ›

Multi-Bagger Penny Stocks For 2025
NameCurrent Market PriceAnnual Range
South Indian BankINR 14.45INR 7.25 - INR 21.80
Yes Bank14.9INR 12.10 - INR 24.75
Trident LtdINR 26.25INR 25.05 - INR 57.40
Bajaj Hindusthan SugarINR 12.80INR 8.35 - INR 22.35
1 more row
Mar 30, 2023

Which penny stock can become multibagger in 2023 in India? ›

Good Penny Stocks 2023
S.No.NameCMP Rs.
1.Shyam Century17.60
2.Galactico Corpo.6.52
3.Lloyds Steels20.30
4.Veeram Securit.9.53
14 more rows

What stocks are booming right now in India? ›

FAST GROWING STOCK
  • LTI Mindtree. 4418.00. 29.64. 130696.57. 1.00. 1114.10. 0.46. 8691.00. 21.92. 42.77. 0.93. 33183.00.
  • Gujarat Gas. 468.00. 19.99. 32216.67. 0.44. 371.57. 202.24. 3684.29. -28.38. 30.89. 0.48. 17500.22.
  • Sumitomo Chemi. 402.00. 39.72. 20065.66. 0.25. 90.61. -7.33. 753.65. 6.58. 33.69. 0.83. 3525.87.

What are 10 stocks to buy in 2023? ›

10 of the Best Stocks to Buy for 2023
StockYTD Total Returns Through April 24
Amazon.com Inc. (AMZN)26.4%
Walt Disney Co. (DIS)14.7%
PayPal Holdings Inc. (PYPL)4.3%
EOG Resources Inc. (EOG)-5.9%
7 more rows
4 days ago

Which stock will grow in 10 years? ›

The thinking is that when market conditions change, these stocks will stand to benefit the most over the next 10 years.
...
7 Growth Stocks That Will Make You Rich in 10 Years.
AAPLApple$141.11
ISRGIntuitive Surgical$255.98
WELLWelltower$74.28
CHPTChargePoint$11.87
MARAMarathon Digital$9.00
2 more rows
Jan 23, 2023

Will Trident be multibagger? ›

Trident Ltd has become a multibagger in a year delivering over 425% return.

What stocks will boom in 2023? ›

Bank of America's Best Growth Stocks of 2023
Company5-Year EPS Estimate
Constellation Energy (CEG)+21.7%
Chipotle Mexican Grill (CMG)+24.4%
Alphabet (GOOG, GOOGL)+16.3%
Eli Lilly (LLY)+22.9%
6 more rows
Apr 11, 2023

What is the fastest growing stock ever in India? ›

With a revenue rise of 74%, Wipro is the company that is expanding at the highest rate.

What are the 10 best stocks to buy in India? ›

  • Yes Bank.
  • TCS.
  • SBI.
  • Infosys.
  • Adani Power.
  • Reliance.
  • Tata Power.
  • Idea.
Apr 18, 2023

What is the fastest growing stock ever? ›

1. Monster Beverage Corp (MNST)

What is the most profitable stock ever in India? ›

High Profit stocks
S.No.NameCMP Rs.
1.Hindustan Motors13.95
2.Premier2.75
3.PAE6.39
4.Starlite Comp.2.80
23 more rows

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