Generally we avoid expensive multibagger stocks. As we believe that chance of getting high return in expensive stocks are very low. However, we may be wrong expensive multibagger stocks may give us very good returns in future. Keeping this thought process in mind CNBC awaaz has suggested 10 multibagger Bahubali (expensive) stocks for investment.
10 multibagger Bahubali stocks suggested by CNBC
MRF is most expensive multibagger bahubali stock. A stock of MRF has given 98% return to the investors in last one year. MRF is in the business of tyre manufacturing. A rubber pricing used for manufacturing tyre is reduced. An appreciation of rupee value against dollar will surely give benefit to this stock. Overall earning growth potential of this stock is very high. A volume transaction in this stock is very low. Face value of this stock is high and chance of splitting stock also very low. The target price of MRF stock for next two years is Rs.80000.
Eicher Motors is next most expensive multibagger stock. A stock of Eicher motors has given 29% return to the investors in last one year. Eicher motors deals in multiple unqiue auto sector products. A Royal Enfield bike produced by this company is an example of product innovation and R&D. As per CNBC expert Eicher Motors is buy hold and forget type of stock. The target price of Eicher Motors for next one year is Rs.31000.
Shree Cement is another expensive multibagger stock. Shree Cement is cement Sector Company. Shree cement has given 52% return to the investors in last one year. Shree Cement hold more than 20% market share in north India. The upcoming infrastructure and housing for all project is likely to give benefit to this stock. The target price of Shree Cement for next two years is Rs.21000.
Page Industries is favorite stock of Ramdeo Agrawal and Rakesh Jhunjhunwala. A stock of Page Industries has given 9% return to the investor in last one year. Page Industries is sole dealer of Jockey Innerwear. The upside potential of Page Industries id very high. The stock is expected to touch target of Rs.17000 in next six months.
Maruti Suzuki is leader in automotive sector. A stock of Maruti Suzuki has given 65% return to the investor in last one year. Maruti is ruling almost 50% passenger care market share in India. Every year company is showing very good financial performance. The target price of Maruti Suzuki for next two years is Rs.8000.
WABCO is another expensive multibagger stock. WABCO makes safety equipment and auto parts for commercial vehicle space. WABCO has given 5% return to investor in last one year. WABCO will defiantly get benefited by upcoming safety drive in vehicle space. The stock is expected to touch target of Rs.8000 in next two years.
Nestle is next multibagger stock. Nestle is in food and drink segment. Nestle has given 14% return to investor last year. The fundamental of this stock is very good. The controversy of Nestle product – Maggi is over and now stock is expected to flourish in future. Nestle is expected to touch Rs.7300 in next 6 months.
Bajaj Finserv is fastest growing company in the financial sector. Bajaj Finserv is debt free company. Bajaj Finserv has given 141% return to the investor in last one year. The fundamental and growth rate of this company is very high. Bajaj Finserv can touch Rs.5200 in next 6 months.
Force Motors is next multibagger stock for investment. Force Motors is auto Sector Company dealing in manufacturing of small tractor and other components. Force motors is only company that deals in manufacturing of auto component for luxurious cars. Force motors is expected to touch Rs.7000 in next 3 years.
Over to You –
Do you own any of the expensive stocks mentioned above?
Do you think these stocks will able to outperform in future?
Do share this list of multibagger bahubali stocks with other.