Wealth Creator Multibagger Stock

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   Every successful investor think and search of stock which can generate 2x, 3x or 10x times returns to its investment. Those stocks are called 'multibagger stock'. Those companies which  are growing consistently over a time. Those companies which can have turnaround story.  

             According to my study and analysis, "MEGHMANI ORGANICS" can be wealth creator multibagger stock. 

MEGHMANI ORGANICS LTD

             These is a chemical sector company engaged in manufacturing of pigment & agrochemical. There pigment customers are mainly MNCs from a wide range of industries such as printing inks, plastics, paints, textiles and leather, paper and rubber. They have more than 90 Agrochemical customers, which include leading pesticides manufacturers from countries in North America, Europe, Latin America and Asia, as well as end users in the domestic Indian market.

 Some financial aspect which makes it attractive are:
  • Compounded sales growth of 5 years is 12.14%.
  • Compounded profit growth of 5 years is 63.30%.
  • P/B ratio is 1.05 which means it is undervalued stock.
  • In recent market correction, promoter were buying shares in huge quantity.
  • No pledging of share.
  • Net cash flow is positive
  • ROE - 28.37% & ROCE - 32.54%. Both numbers are good.
  • Pays dividend every year.
  • Debt to equity ratio has decreased from 1.086 to 0.56 from last 5 years.
I would like to tell you that it is my favourite stock and i have allocated 30% of my portfolio. 


Please do your study and than invest.



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