Top 10 Multibagger Stocks for 2024 in India: Stocks that will give good returns in future.
Axis Bank
Axis Bank Stock in India is a good option for 2024. Its market cap is Rs 3,23,469 crore. Experts have given 89% buy rating to this stock. This stock had seen a decline in the last one month and according to the brokerage house, now is the right time to buy. If we look at the performance of Axis Bank in the last one year, this share has increased by about 28 percent. And in the next 1 year, 17 to 18 fees will have to be paid and it may also increase, its upside target has been kept at Rs 1300.
Axis Bank Share News
ITC
ITC comes in the top stock list among the top 10 multibagger stocks in India for 2024. The brokerage firm has given buy advice on ITC stock and has set a target of Rs 515 per share. The share price closed at Rs 419 on March 15, 2024. Its market cap is Rs 5,23,660. This stock can give 23 percent returns in the future. It is one of the top companies in India.
ITC Shares Jump 6%: Will The Momentum Continue Post Block Deal Overhang?
ICICI Bank
Brokerage firm houses and experts have given strong buy ratings on ICICI Bank stock. The target price of the share has been kept at ₹ 1300. The stock closed at Rs 1084 on March 15, 2024. Its market cap is 7,57,218. This share can give a return of 20% in the future. Experts have given 90% buy rating to this. stock.
ICICI Bank Miracle
Rail Vikas Nigam Limited
Railway PSU stock Rail Vikas Nigam is a multibagger stock. In the information given to the stock market, the company said that it has received an order worth Rs 339,23,39,131.520 crore from Maharashtra Metro Rail Corporation Limited (MM RCL). Let us tell you that Multibagger Railway PSU stock has shown a growth of more than 290% in one year. Currently the stock price is running at Rs 245.
RVNL SHARE LATEST NEWS
Coal India
The brokerage firm has advised to buy on Coal India stock. The target per share has been kept at Rs 550. The share price closed at Rs 415.25 on March 15, 2024 and this share can give 29 percent returns in future.Experts have given 73% buy rating to this. stock.
SJVN
SJVN is a government-owned solar panel manufacturing company and is also a multibagger stock. The company has received an order for 500 film prototype projects from Gujarat Energy Development Corporation Limited. The company has estimated the project cost of construction and development to be Rs 2700 crore and the project will be developed at GIPCL Apollo Park in Khavra, Gujarat. This stock has given a return of 220% in one year. Its stock price is 124.60
HDFC
The bank is a top quality stock. Its fundamental is Rs 1103152 crore. The brokerage house has given this stock a 90% strong buy rating. Many top shareholder investors also have investments in the bank. You can invest in the best apps for the best funds in 2024. This could be a good stock for the future.
Tata Elxsi Ltd (TATAELXSI): It is a design and technology services company that provides solutions for the automotive, media, healthcare and consumer electronics sectors. The company reported net profit of ₹149 crore and revenue of ₹558 crore for the quarter ending September 2023. The company has a strong presence in the automotive and media segments.
BSE Limited (BSE): It is the operator of the Bombay Stock Exchange, one of the oldest and largest stock exchanges in India. The company reported a net profit of ₹41 crore and revenue of ₹146 crore for the quarter ending September 2023. The company has a diversified business model with areas such as exchange operations, depository services, mutual fund platforms and international exchanges. The company can earn huge profits due to growth in capital market and increasing participation of retail and institutional investors.
Hindustan Aeronautics Limited (HAL): It is a state-owned aerospace and defense company that manufactures aircraft, helicopters, engines and accessories. The company reported a net profit of ₹1,237 crore and revenue of ₹5,636 crore for the quarter ending September 2023. The company has a strong order book of over ₹80,000 crore and is expected to benefit from the government’s focus on defense modernization and self-regulation..
Disclaimer:Do not invest based on the information given by Rozdekho 24, first consult your financial advisor.
