Five Multibagger Stocks For 2017

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Pee Vee
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Five Multibagger Stocks For 2017

Post by Pee Vee » Tue Dec 27, 2016 3:07 pm

What are your top five stocks which can turn multibaggers in the next 2-3 years and why?

Asian Granito: Considering the various initiatives taken by the government like smart cities, housing for all by 2022, and push towards providing sanitation, would create new demand avenues for entry level or lower priced tiles (ceramic tiles). We expect AGIL to report net revenue CAGR of ~9% to ~Rs 1,182 crore over FY2016-18E. On bottom-line front, we expect CAGR of ~39% to Rs48 crore over FY2016-18E owing to better product mix, higher B2C sales and amalgamation synergy.

Bajaj Electricals: With expectation of timely execution of new projects in the E&P segment and with the Lighting and Consumer Durables segments expected to benefit from an improvement in consumer sentiments going forward, we expect the company's top-line to grow at a CAGR of ~8% to Rs 5,351 crore and bottom-line to grow at a CAGR of 20% to Rs 138 crore over FY2016-FY2018E.

Jagran Prakashan: Considering Dainik Jagran's strong presence in the rapidly growing Hindi markets, we expect JPL to benefit from an eventual recovery in the Indian economy. Further, value unlocking in radio business would provide additional upsides for stock. Hence, we maintain a Buy rating on the stock.

Navkar Corporation: We estimate NCL to post revenue CAGR of ~27% and PAT CAGR of ~31% over FY2016-18E. Historically, NCL has consistently grown at JNPT and increased its utilization from 68% in FY2012 to 87% in FY2015 by leveraging on its rail advantage during periods when JNPT posted flattish volume growth. Going forward, we expect NCL's utilization to improve and the company to garner a good chunk of business over the next three to four years due to its rail advantage at both JNPT and Vapi.

Mirza International: We expect MIL to report a net revenue CAGR of ~9% to ~Rs1,106 crore over FY2016-18E on back of strong growth in domestic branded sales (owing to aggressive ad spend and addition in the number of EBOs & multi-brand outlets [MBOs]) and healthy export revenues. On the bottom-line front, we expect a CAGR of ~9% to Rs92cr over the same period on the back of margin improvement. ... 197208.cms

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