Top 10 Multibagger Stocks for 2024 in India

Top 10 Multibagger Stocks for 2024 in India: Stocks that will grow in future 2024

Top 10 Multibagger Stocks for 2024 in India: To get better returns in the share market, stocks with strong fundamentals and the timing of buying them should be right, today here we are going to tell you about the Top 10 Multibagger Stocks for 2024 in India which are Can give very good returns in future.

Top 10 Multibagger Stocks for 2024 in India
Psu stock BEL

The global brokerage firm has selected Bharat Electronics Limited from the defense sector for purchase. Along with bullish rating on the stock, an upside target of Rs 263 has also been given.

BEL company has announced interim dividend on March 15. The record date for this has been fixed as March 23. Bel Short term valuations have become very good after the recent decline. The order book and sales are better than other companies in the segment. The company received an order worth Rs 1940 crore on March 14. According to exchange filing, Bel’s total order book has increased to Rs 32,716 crore.

TATA GROUP : Trent Ltd
Top 10 Multibagger Stocks for 2024 in India: Brokerage on Tata Group’s multibagger Trent Limited stock says that this stock will shine further. Its 1 year target has been kept at Rs 4,304. This share has given a return of 207% in the last 1 year.

The market cap of Trent Limited is Rs 144337 crore. And the company is continuously running in profit.

HDFC BANK

Hdfc Bank is a top quality stock. Its fundamental is Rs 1103152 crore. The brokerage house has given a 90% strong buy rating on this stock. Many top mutual funds also have investments in HDFC Bank. You can invest in these Best App For Mutual Funds in 2024.

The share price of HDFC Bank is currently trading at Rs 1452 and its 52 week high is Rs 1757.

Axis Bank
Axis Bank is also a high quality stock among the Top 10 Multibagger Stocks for 2024 in India. Its market cap is Rs 3,23,469 crore. Experts have given a 90% buy rating on the stock. This stock has declined in the last one month and according to the brokerage house, now is the right time to buy.

Looking 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 be paid and it may increase, its up side target has been kept at Rs 1250.

ITC

ITC comes in the top stock list in Top 10 Multibagger Stocks for 2024 in India. The brokerage firm has given buy advice on ITC stock and its target per share has been kept at Rs 515. The share price closed at ₹419 on March 14, 2024. This stock can give 23 percent returns in the coming time.

ICICI BANK
Brokerage firm houses and experts have given strong buy rating on ICICI Bank stock. The target price of the share has been kept at ₹ 1300. The stock closed at Rs 1084 on March 14, 2024. This share can give a return of 20% in future.

RVNL
Ralway 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 rise of more than 290% in a year.

COAL INDIA
Top 10 Multibagger Stocks for 2024 in India: 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 return in future.

PAYTM one 97 Communication

There was a huge decline in the stock of Paytm after the strictness of RBI. RBI had banned Paytm Bank.

And now Paytm has got approval to become a third party app provider in UPI. This includes Axis Bank, HD FC Bank, SBI and Yes Bank. Based on this, Paytm’s stock can take off again.

SJVN
SJVN is a government owned solar panel manufacturing company and is also a multibagger stock. The company has received an order from Gujarat Urja Vikas Nigam Limited for 500 MW solar project. The company estimated the estimated cost of construction and development of the said project to be Rs 2700 crore and this project will be developed in the GIPCL Solar Park located in Khavra, Gujarat. This stock has given a strong return of 220% in a year.

(Disclaimer: The advice to invest in stocks here has been given by the brokerage house. These are not the views of News Tadkadar. Consult your advisor before investing.)

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