Best multibagger stocks for 2023
So friends, today I am going to tell you Best multibagger stocks for 2023 stocks whose fundamentals are very good and are getting at good valuation. So friends, if you hold this stock for 1 year i.e. till the last month of 2023 , then you can get very good returns and your money can also be multiplied.
Multibagger stocks list for 2023
KCP limited
This company works in the cement, sugar, power generation and hospitality sectors. 55% of the revenue of this company comes from cement, it has two cement plants with a combined capacity of 4.3 million tonnes at annum and this Company manufactures Ordinary cement as well as Rapid Hardening Cement.
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After this 31% of the revenue comes from the sugar business which this company operates in Vietnam through its company KCP Vietnam Limited. It has two sugar plants in Vietnam with a total crushing capacity of 1100 tonnes of cane per day.
After this, 7% of its revenue comes from the power business, including all types of power, wind, thermal, and solar and it has a total capacity of 34 MW.
And after this 5% revenue comes from heavy engineering business in which this company manufactures heavy equipment. Manufactures for industries like Cement, Sugar, Power, Mining, and Mineral etc. Apart from this, this company has many customers. And now the remaining 1% revenue comes from its hotel business. This company owns Mercury Hotel Hyderabad which has 128 rooms.
So, the company is quite diversified, in general the risk is less in this type of company.
It is a small cap company whose
Market Cap. – 1624cr
ROC – 17.8%
ROCE – 21.8%
DEBT – 388 cr
Annual profits – 368cr
Free cash flow – 114 cr
EPS – 18.2rs
promoter holding – 43.8%
Its profit was increasing since 2017 but in 2020 its profit was reduced due to carona, even then this company had made a lot of profit and in 2021 this company has got the highest profit of 163cr. Right now the price of one share of KCP is running at ₹ 130, so you can consider this stock.
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Heranba industry Ltd
It is a crop protection and agro chemical company that manufactures synthetic pyrethroids which are used as insecticides, fungicides and herbicides. It has 3 manufacturing facilities with 650 employers and its product portfolio includes 16 techniques, 80 formulations and 2 intermediate products.
This company dominates the Indian pyrethroid market with a market share of 20%. Their marketing network is huge with 9400+ dealers and 200+ representeters. This company exports its product to 60+ countries, IPO of this company came in March 2021 and its issue was 627rs per share but this stocks was listed in the price of 900 and it had a listing gain of 43%. And after that many people booked profit and now its price is running 658 rupees, so from here there is a lot of chance of increasing its price.
Market Cap. – 2634cr
ROE – 36.3%
ROCE – 45.3%
Debt – 45.7 cr
Annual profit – 154 cr
Free cash flow – 36.4cr
Promoters holding – 74.6%
If we see the financial trend of this company, then its profit has been increasing continuously for 5 years and in 2021 this company had a profit of 154 crores.
