Multibagger hunt: 4 stocks with biggest 12-month upside potential of up to 164%. Own any?
By Akash Podishetti, ETMarkets.com |
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Wealth builders
A new set of forward-looking market estimates from Trendlyne highlighted four stocks with strong potential upside over the next one year. These companies show projected gains ranging from 119% to 164%, placing them among the most promising mid-sized names in the market. Here is a simple breakdown of the stocks that screen strongly on expected returns.
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Tarsons Products: 164% upside
Tarsons Products leads the list with an estimated forward upside of 164.07%. The company is a leading Indian labware company that designs, develops, manufactures, and markets high-quality plastic laboratory products and benchtop equipment for the life sciences industry
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SKF India: 143% upside
SKF shows an impressive projected upside of 143.18%. SKF is a leading player in making bearings, seals, and lubrication systems. It serves automotive and industrial sectors, providing solutions to reduce friction and improve energy efficiency.
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United Foodbrands: 124.9% upside
United Foodbrands stands out with a forward upside potential of 124.9%. United Foodbrands (formerly Barbeque Nation Hospitality) is a leading Indian casual dining company known for its signature "Barbeque Nation" restaurants, which pioneered the interactive over-the-table barbeque concept
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Ganesha Ecosphere: 119.4% upside
Ganesha Ecosphere has an estimated upside of 119.4%. Ganesha Ecosphere is a leading Indian company that specializes in recycling PET (Polyethylene Terephthalate) bottles to create products like recycled polyester staple fiber (RPSF), spun yarn, and food-grade granules.
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What this means for investors
The projections suggest these four names could act as high-growth candidates in diversified portfolios, especially for investors seeking multibagger-style opportunities backed by structural themes.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)