The Top 3 Multibagger Stocks for 2019 in India

Top Multibagger Stocks for 2019

After such a volatile and weak market in 2018, it has turned around in the financial year 2019-20. This year is full of opportunities and has the capability to turn some of the stocks into multi-baggers within less than a year. This article will be going to cover up one of the most demanding topics among investors, The Top 3 Multibagger Stocks for 2019 in India.

If you are looking for such stocks which can give you manifold returns in a short time span, you are in the right place. Nowadays, many websites claim to provide Multibager stocks advice but most of them won’t work properly.

Here, instead of listing so many stocks as a multi-bagger, we did research and pick Top 3 Multibagger Stocks for 2019.

The Top 3 Multibagger Stocks for 2019 in India

After so many research work, we’ve come out 3 of the top best Multibagger stocks for 2019. First one is Avenue Supermarts (NSE), Second is Hester Biosciences (NSE) and the last is Bajaj Finance (NSE).

All of us are quite well-acquainted with the volatility of the stock market. Therefore, we need to be very cautious and well-informed about each of the companies on which we want to invest.

So, as the investment is medium to long term process, company fundamental is an important requirement here. Only, for this reason, the fundamental details of the Top 3 Multibagger stocks for 2019 companies are given here.

Avenue Supermarts (NSE: DMART)

So, the company is one of the First Multibagger stocks for 2019. It is mainly a supermarket chain of D-Mart. This Company is among the largest and the most profitable F&G retailer in India. Besides this, Avenue Supermarts Limited offer a wide range of products likes Foods, Non-Foods (FMCG) and General Merchandise and Apparel product categories. However, this company mainly operates and manage all its stores which operate under the D-Mart brand.

Company History

Avenue Supermarts Limited was incorporated in 2000 at Mumbai Maharashtra as a private limited company under the Companies Act 1956. Subsequently, the name of this company was changed to Avenue Supermarts Limited due to conversion from a private company to a public company pursuant to a special resolution passed by the Shareholders at an extraordinary general meeting held on February 1, 2011.

However, pursuant to the aforesaid change of name a fresh certificate of incorporation was issued to the Company by the RoC on May 3, 2011. Besides this, the supermarket chain of DMart stores is owned and operated by Avenue Supermarts Limited. This company has its headquarters in Mumbai.

Business Range

The brands D Mart D Mart Minimax D Mart Premia D Homes Dutch Harbour etc are brands owned by Avenue Supermarts Limited. DMart is a one-stop supermarket chain that wants to offer customers a wide range of basic home and personal products under one roof. Now, each Dmart store stocks home utility products – including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and more – available at competitive prices that company’s customers appreciate.

Company Network

This company’s core objective is to offer customers good products at a great value.

Nowadays, Avenue Supermarts Limited has 112 stores located across 41 cities in India. This Company operate and manage all its stores. Avenue Supermarts Limited has 21 distribution centers and six packing centers in Maharashtra, Gujarat, Telangana, and Karnataka.

Products Categories –

  1. GROCERY & STAPLES
  2. DAILY ESSENTIALS
  3. HOME & PERSONAL CARE
  4. DMART BRANDS
  5. DAIRY & FROZEN
  6. FRUITS & VEGETABLES
  7. BED & BATH
  8. LUGGAGE
  9. FOOTWEAR
  10. CROCKERY
  11. TOYS & GAMES
  12. PLASTIC CONTAINERS
  13. HOME APPLIANCES
  14. KIDS APPAREL
  15. LADIES GARMENTS
  16. APPAREL FOR MEN

Board of Directors

Chairman: Ramesh S Damani.

Managing Director and CEO : IGNATIUS NAVIL NORONHA.

Whole Time Director and Group CFO: Ramakant Baheti.

Whole-time Director: ELVIN ELIAS MACHADO.

Non-Executive Director: MANJARI ADITYA CHANDAK.

Independent Director: C B Bhave.

Company Secretary: Ashu Gupta.

Additional Independent Director : Kalpana Unadkat.

Company Promoters

IND NAME: Trading.

HOUSE NAME: Indian Private.

The Promoters of the Company are:

  • Radhakishan S. Damani,
  • Gopikishan S. Damani,
  • Shrikantadevi R. Damani,
  • Kirandevi G. Damani,
  • Bright Star,
  • Royal Palm Trust,
  • Bottle Palm Trust,
  • Mountain Glory Trust,
  • Gulmohar Trust and
  • Karnikar Trust.

Latest News of the Company

Latest News & Headlines of AVENUE SUPERMARTS LTD. (DMART) –

  • Hold Avenue Supermarts, the target of Rs. 1338: Prabhudas Lilladher.
  • AVENUE SUPERMARTS LTD. (DMART) operator shares climb 6% after healthy growth in Q1, Credit Suisse upgrade.
  • D-Mart Standalone June 2019 Net Sales at Rs. 5,780.53 crores, up 26.78% Y-o-Y.
  • Avenue Supermarts Limited operator reports 32% growth in Q1 profit but margin contracts.
  • D-Mart falls 2% as brokerages see rich valuation, rising competition.
  • Avenue Supermarts Limited Healthy revenue growth in Q4 but margins contract.

Location

Registered Office – Anjaneya Co-op. Housing Society Ltd., Orchard Avenue, Opp. Hiranandani Foundation School, Powai, Mumbai – 400076, Maharashtra – India.

Phone:  40496500

Fax:  40696503

Financial Report

Avenue Supermarts Limited key Products or Revenue Segments include Income from Retailing which contributed Rs. 14974.65 crore to Sales Value and 99.77 % of Total Sales. Another Operating Revenue of this company which contributed Rs. 34.24 Crore to Sales Value (0.22 % of Total Sales) for the year ending 31st March 2018.

So, for the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs. 5814.56 Crore, up 14.87 % from last quarter Sales of Rs. 5061.65 Crore and up 27.07 % from last year same quarter Sales of Rs. 4575.79 Crore Company has reported a net profit after tax of Rs. 323.06 Crore in the latest quarter.

However, the company’s top management includes Mr.Chandrashekhar Bhave, Mr.Elvin Machado, Mr.Ignatius Navil Noronha, Mr.Ramakant Baheti, Mr.Ramesh Damani, Mrs.Manjri Chandak, Ms.Kalpana Unadkat. Company has S R B C & Co. LLP as its audito Rs. As on 31st March 2019, the company has a total of 624,084,486 shares outstanding.

Company Announcements –

Now, come to the financial announcement. Avenue Supermarts Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Quarter Ended June 30, 2019 – Avenue Supermarts Limited announced unaudited standalone and consolidated earnings results for the quarter ended June 30, 2019.

Basic Earnings per share (of INR 10 each) (not annualized) was INR 5.37 against INR 4.02 a year ago. Diluted earnings per share (of INR 10 each) (not annualized) was INR 5.30 against INR 3.96 a year ago.

Quarter Based Earnings: For the quarter, on a consolidated basis, total income was INR 58,255.1 million against INR 45,893.6 million a year ago. Net profit after tax was INR 3,230.6 million against INR 2,449.8 million a year ago. Basic Earnings per share (of INR 10 each) (not annualized) was INR 5.18 against INR 3.93 a year ago. Diluted earnings per share (of INR 10 each) (not annualized) was INR 5.11 against INR 3.87 a year ago.

Multibagger Stocks for 2019 avenue

Now, the above chart is the scanning result of Avenue Supermarts. As you can see that EPS Strength, Buyer Demand, Group Rank are at pretty good rank. Price Strength is Fair which is also a plus point here as a good fundamental stock is always advised to buy at the fair or low price range. The volume of the stock is also strong enough 173.56%.

Bajaj Finance (NSE: BAJFINANCE)

Bajaj Finance Limited is an Indian Non-Banking Financial Company (NBFC). This company deals in Consumer Finance, SME (Small and Medium-sized Enterprises) and Commercial Lending, and Wealth Management. Bajaj Finance Limited Headquartered in Pune, Maharashtra, the company has 294 consumer branches and 497 rural locations with over 33,000 plus distribution points.

Company History

Actually incorporated as Bajaj Auto Finance Limited on March 25, 1987, the non-bank singularly focused on providing two and three-wheeler finance. After 11 years in the auto finance market, Bajaj Auto Finance Ltd launched its initial public issue of equity share and was listed on the BSE and NSE. At the turn of the 20th century, the company ventured into the durables finance sector.

However, Bajaj Finance Limited which is formerly known as Bajaj Auto Finance Limited. This company also is one of the leading Non-Banking Financial Corporation in India. Bajaj Finance Limited’s Headquartered in Pune.

Business Range

This company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product, Finance Personal Loans, Loan against Property, Small Business Loans, Home loans Credit Cards, Two-wheeler and Three-wheeler, Loans Construction, Equipment Loans, Loan against Securities, and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits and Advisory Services.

Company Financials

In the year 2006, the company’s assets under management hit the Rs.1,000 crore mark and are currently at Rs.52,332 crore. 2010 saw the company’s registered name change from Bajaj Auto Finance Limited to Bajaj Finance Limited This company reported a pre-tax profit of Rs.626 crores and a post-tax profit of Rs.408 crores at a ROA of 0.8% and ROE of 5.1% in Q2 FY17.

However, Bajaj Finance Ltd. has been assigned a long-term issuer credit rating of ’BBB–‘ with a stable outlook and ‘A-3′ short-term issuer credit rating by S&P Global Ratings on Jan 31, 2019.

Location –

Mumbai – Pune Road, Akurdi, Pune

Maharashtra – 411035.

Tel: 020-30186403 Fax: 020-30186364

Email: [email protected]

Website: http://www.bajajfinserv.in/finance

Product Details

Group: Bajaj Group

Consumer Finance

  • Durable Finance
  • Lifestyle Finance
  • Digital Product Finance
  • EMI Card
  • 2 & 3 Wheeler Finance
  • Personal Loan
  • Loan against FD
  • Extended warranty
  • Gold Loan
  • Home Loan
  • Retail EMI
  • Retailer Finance
  • E-commerce
  • Co-branded Credit Card
  • Co-branded Wallet

SME Finance

  • Home Loan
  • Loan against Property
  • Gold Loan
  • Lease rental discounting
  • Business Loan
  • Loan Against Shares
  • Professional Loan
  • Working Capital Loans
  • Developer Finance
  • Used Car Finance

Commercial Lending

  • Vendor Financing
  • Large Value Lease Rental Discounting
  • Loans against Securities
  • Financial Institutions Lending
  • Light Engineering Finance
  • Corporate Finance
  • Warehouse Financing

Investment

  • Fixed Deposit
  • Mutual Funds

Board of Directors

  • Chairman Emeritus: Rahul Bajaj
  • Director: Rajiv Bajaj
  • Independent Director: Dipak Poddar
  • Vice-Chairman: Sanjiv Bajaj
  • Independent Director: Ranjan Sanghi
  • Director: Madhur Bajaj
  • Independent Director : D J Balaji Rao
  • Chairman: Nanoo Pamnani
  • Independent Director: Omkar Goswami
  • Company Secretary: Vijay R
  • Independent Director: Gita Piramal
  • Managing Director: Rajeev Jain
  • Independent Director: Naushad Forbes
  • Independent Director: Anami Roy
  • IND NAME: Finance & Investments
  • HOUSE NAME: Bajaj

Financial Report

Bajaj Finance Limited was incorporated in the year 1987. This company’s key Products or Revenue Segments include Interest which contributed Rs.15345.64 Crore to Sales Value and 88.27 % of Total Sales. Fees and other charges of this company which contributed Rs. 1630.90 Crore to Sales Value and 9.38 % of Total Sales.

  • The Income of Bajaj Finance Limited From Sale Of Share and Securities which contributed Rs. 256.73 Crore to Sales Value (1.47 % of Total Sales)
  • Income From Financial Services of this company which contributed Rs. 87.80 Crore to Sales Value and 0.50 % of Total Sales and Service Charges.
  • This contributed Rs. 62.90 Crore to Sales Value (0.36 % of Total Sales)for the year ending 31st March 2019.

Quarter Based Income Statement: For the quarter ended 31st March 2019, Bajaj Finance Limited has reported a Consolidated sales of Rs. 5307.66 Cr, which is up 6.69 % from last quarter Sales of Rs. 4974.70 Cr and up 51.95 % from last year same quarter Sales of Rs. 3493.08 Cr. This Company also has reported a net profit after tax of Rs. 1176.06 Crore in the latest quarter.

Latest News of Bajaj Finance

  • Share market update: Nifty Financial Services index dips and Bajaj Finance slips 5%.
  • Nifty dollar return slips 2.61% post Budget.
  • Bajaj Finance Statement Of Investor Complaints About The Quarter Ended June 2019.
  • This company’s  Q1 Net Profit seen up 55.4% YoY to Rs. 1,299 cr: Sharekhan.
  • Morgan Stanley sees 18% downside in Bajaj Finance and the stock falls 3%.
  • This company’s records sharpest intra-day fall in over five months, tanks 8%.
  • Bajaj Finance joins Rs 2-trillion m-cap club; stock zooms 105% in 14 months.
Multibagger-Stocks-for-2019-bajfinance

To clarify the above fundamental details, we’ve given a chart of the sock. As you can notice that the above chart is on Bajfinance. From EPS strength to Price Strength, Buyer Demand, Group Rank all are positive and hold good ranks. Therefore, the above stock Avenue’s buyers demand is A+ while the Bujfinance’s Buyers’ demand is B+ (Good). Though it is a minor drawback, still investors must check the details twice prior to investment.

Hester Biosciences (NSE: HESTERBIO)

The last one among Top Multibagger Stocks 2019 is Hester Bioscience. Hester Biosciences Limited is mainly one of India’s leading animal healthcare companies and the second-largest poultry vaccine manufacturer. This company founded by Mr. Rajiv Gandhi. Hester Biosciences Limited successfully transformed a small proprietary trading business into Asia’s largest single-location animal biological manufacturing facility. This company’s main key strength is embedded in its cutting-edge research and development capabilities. Hester Biosciences Limited located near Ahmedabad, Gujarat.

Company Business Details

This company has a state-of-the-art manufacturing facility for products ranging from vaccines, health products to diagnostics. Hester’s services include seroprofiling for poultry flocks and mastitis control programs for cattle. The four verticals of this company are Poultry Vaccines, Animal Vaccines, Poultry Health Products, and Animal Health Products. However, all the products establish Hester’s identity as a strong animal healthcare company, which is addressing all sectors of animal healthcare. This company’s product portfolio includes over 50 vaccines and 35 health products.

Company Network

  • The company certainly owns and operates the largest company of Asia, single-location animal biological manufacturing facility.
  • Hester Biosciences Limited also has an R&D unit at Kadi, and develops new animal vaccines, an example of which is the Goat Pox vaccine Live-Uttarkashi strain used in India.
  • This company has also partnered with Galvmed on vaccines for Newcastle disease.
  • Hester Biosciences Limited is planning to increase its exports to the African region following good market potential and the need for animal vaccines in that region.
  • This company expects export revenues from Africa to increase to about 70 percent in the coming years from 40-45 percent currently.
  • In the first nine months of the current fiscal, Hester’s overall exports stood at Rs 12 crore, with Africa’s share at 40-45 percent.

Products And Services

Hester Biosciences Limited creates products including vaccines, drugs, feed supplements, and disinfectants. This company also have a line of 45 poultry vaccines (live and inactivated), 4 large animal vaccines (live and inactivated), health products and diagnostics. So, Hester Biosciences Limited also provides seromonitoring for poultry farms and mastitis prevention programs for cattle farms.

  1. POULTRY –
  2. Live Vaccines.
  3. Inactivated Vaccines.
  4. Health Products.
  • ANIMAL HEALTHCARE –
  • Live Vaccines.
  • Health Products.
  • SERVICES.

Board of Directors

  • DR. BHUPENDRA GANDHI is the Chairman of this company.
  • RAJIV GANDHI is the CEO and Managing Director of this company.
  • SANJIV GANDHI is the Director of the company.
  • RAVIN GANDHI is the Director of this company.
  • VISHWESH PATEL is the Independent Director of this company.
  • GRISHMA NANAVATY is the Independent Director of this company.
  • NAMAN PATEL is another Independent Director of the company.
  • AMIT SHUKLA is an Independent Director of this company.

Location

CORPORATE OFFICE

  • GUJARAT

Pushpak, 1st floor, Panchvati Circle,

Motilal Hirabhai Road, Ahmedabad,

Gujarat 380006, India.

Phone: +91 79 26445107

Fax: +91 79 26445105

Email: [email protected]

  • TELANGANA

Hester Biosciences Limited

House No. 7-4-10/3, Yeshodara Nagar,

Opposite Medicare Hospital,

Sagar Ring Road, L. B. Nagar,

Hyderabad 500074.

Phone: +91 77020 01197

  • ASSAM

Indo Cons Age Services

Indoma House, C. K. Road, Panbazar

Guwahati 781001.

Phone: +91 98640 62304

  • HARYANA

Hester Biosciences Limited

D.S.S. 25, Sector 12,

Panchkula 134109.

Phone: +91 (172) 3250210

  • KARNATAKA

Hester Biosciences Limited

No. 14, 4th Main, 4th Block, 1st Stage

Opp. Regency Magnum Apartment,

Hennur Main Road, HBR Layout,

Kalyanagar post, Bangalore 560043.

Phone: +91 80421 26238

  • MAHARASHTRA

Hester Biosciences Limited

Gat No. 1313, Near Sriram

Warehousing, Pune-Saswad Road,

At Post. Wadki, Tal. Haweli,

Pune 412308.

Phone: +91 (20) 3234 4834,

+91 99230 51977

  • PUNJAB

For Large Animal Products

EM Kay Biotech,

962/1, Ground Floor, C.M.C. Complex,

Kabbar Market, Chimni Road,

Near Samrala Chowk,

Ludhiana 141003.

Phone: +91 98150 61005

  • RAJASTHAN

For Large Animal Products

Meenu Enterprises, D-12 (Basement),

Govind Marg, Saket Colony,

Adarsh Nagar, Jaipur 302004.

Phone: +91 (141) 4034654,

+91 91667 13000

  • TAMIL NADU & KERALA

Hester Biosciences Limited

No. 18 Ashok Layout,

Civil Aerodrome Post,

Coimbatore 641014.

Phone: +91 (422) 2427 0070

  • WEST BENGAL

For Poultry Products,

Eastern Agro-vet,

54L, P. K. Guha Lane,

Kolkata 700028.

Phone: +91 (33) 2590 0853 / 1032

Latest News & Headlines

  • Hester Biosciences Limited Board Meeting Intimation for Standalone And Consolidated Unaudited Financial Results For The Quarter Ended On 30 June 2019.
  • Lastly, this company Q3 net profit rises 82% to Rs. 11.85 crore.

Financial Report

Hester Biosciences Limited, incorporated in the year 1987. This company is a Small Cap company which is having a market cap of Rs. 1438.30 Crore operating in Pharmaceuticals and health care sector.

However, Hester Biosciences key Products or Revenue Segments include Poultry and Poultry Farming which contributed Rs. 117.39 Crore to Sales Value and 86.79 % of Total Sales. Now, also Animal Health Products of this company which contributed Rs. 17.86 Crore to Sales Value and 13.20 % of Total Sales for the year ending 31st March 2018.

Quarter Based Result: However, for the quarter ended 31st March 2019, Hester Biosciences Limited has reported a Standalone sales of Rs. 48.83 Cr, which is up 17.50 % from last quarter Sales of Rs. 41.56 Cr and up 35.87 % from last year same quarter Sales of Rs. 35.94 Cr. Most importantly, this company has reported a net profit after tax of Rs. 12.38 Cr in the latest quarter. Company has Apaji Amin & Co. LLP as its audito Rs. As on 30-06-2019, the company has a total of 8,506,865 shares outstanding.

Multibagger-Stocks-for-2019-hester-1

Now, most importantly, the last chart we present here is on Hester Bioscience. Here, also the master score of the stock is A. Great earnings and strong price performance are powerful as well as a good combination. So, from the above chart, we can evaluate the stock more closely. Here, the chart shows the stock has the capability of giving manifold returns within a medium period of time.

However, the above three are the Multibagger stocks for 2019. After so many research and scanning work, we are able to choose these top 3 Multibagger stocks for 2019.

Author: Ankita Sarkar

Ankita is a graduate in English language and she has also done her MBA from the Calcutta University. She has a high knack in the stock markets. She is a NISM certified Research Analyst. An experienced stock market content writer Ankita is also trading successfully on her own account.

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