InvestorQ : Kindly guide me multi bagger stock for long time
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murugan.k made post

Kindly guide me multi bagger stock for long time

Answer
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Ria Roy answered.
2 years ago


The Indian stock market is very volatile since the second half of FY19. Thus, selecting good stocks for investment in the market looks difficult. However, based on the fundamentals and business outlook, one can invest in Biocon and Indian Energy Exchange Ltd (IEX). Biocon is likely to benefit from its maturing biosimilar pipeline and execution of $100mn capex in the research business, while IEX stands to benefit from growing volumes in the short term electricity market.