Is Granules India a multibagger?

NEW DELHI: This multibagger stock has fallen into the Bear Grip, falling over 20 per cent amid concerns over supply of its key raw materials. The stock is Granules India. On Wednesday, the scrip traded at Rs 339 on BSE, down 25 per cent from its record high of Rs 438 hit on December 1, 2020.

Is granules good company in India?

He added, Granules India is a good company and makes API in ibuprofen and paracetamol. It was stagnant for the last few months but would surge in terms of profit on the back of this price revision.

What are the future multibagger stocks in India?

Summary Table of Best Multibagger Stocks to Buy now in India

Company Name BSE Scrip Code CMP as on 24th June, 2021
Deepak Nitrite 506401 1742
Alkyl Amines Chemicals 506767 3542
Adani Gas 542066 1251
Caplin Point Labs 524742 660

How do you know if a stock is multibagger?

How to identify multibagger stocks?

  1. 1) Strong and capable management: A business cannot succeed without a management team that is capable as well as strong.
  2. 2) Competitive advantage: It’s perhaps one of the best ways to identify multibagger stocks.

Which is the best pharma stocks to buy in India?

Top 10 pharma stocks to buy in India [2021]

  • Sun Pharmaceutical Industries Ltd. Sun Pharmaceutical Industries Ltd is a multinational Indian company situated in Mumbai.
  • Divi’s Laboratories.
  • Cipla Ltd.
  • Biocon Ltd.
  • Torrent Pharmaceuticals Ltd.
  • AurobindoPharma Ltd.
  • Lupin Ltd.
  • Cadila Healthcare Ltd.

What are multibagger stocks in India?

What are Multibagger Stocks?

  • Multibagger stocks are equity shares of a company which generate returns multiple times higher than its associated cost of acquisition.
  • Multibagger shares are issued by companies having tremendous growth potential, demonstrating sound management and production techniques.

Is Granules India Debt Free?

Granules India has a low net debt to EBITDA ratio of only 0.55. And its EBIT easily covers its interest expense, being 26.8 times the size. So you could argue it is no more threatened by its debt than an elephant is by a mouse.

What sector should I invest in 2020?

Best stock market sectors for the rest of 2020:

  • Information technology.
  • Health care.
  • Consumer staples.
  • Communication services.
  • Consumer discretionary.
  • Materials.
  • Financials.

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