If you are into Indian stock markets, here are some stock recommendations for you. I personally hold most of these stocks and hence your risk is mine as well. I am not providing detailed analysis of these companies but that’s out there for you to explore on websites such as Moneycontrol.com
Indian Stock Recommendations
Please note that, I am not talking about ‘trading’ here but long term investment here. Long term for me is at least a 1 year term.
Here is my list with their recommended entry prices in the bracket (In some cases it is my own entry price for these scrips).
1. Shriram City Union Finance (765)
2. Kitex Garments (58)
3. SpiceJet (38)
4. DQ Entertainment (18.50)
5. Escorts (64)
6. Acrysil India (80) – After Bonus adjustment
7. Kwality Dairy (31)
8. Manappuram General Finance (35)
9. NIIT (33)
10. APM Industries (13)
I shall keep updating on what am I doing with these ‘multi-baggers’ in the next months. Currently the target for each of these stocks would vary from 75% to 300% within a 12 to 24 months investment window.
Disclosure: I hold some of these stocks and I may have vested interest in these companies. Please do your own research before investing.
(I was staying away from the stock markets for a couple of years now but made a re-entry seeing some good opportunity in the recent bull run)
Update on January 02, 2014
It has been about 15 months since I recommended the above stocks. I still hold some of them while I have recently sold most of these stocks in the current fluctuating markets. I wouldn’t be tracking most of the stocks again but would like to provide the following update on how they fared.
Stock name (Recommended price, High since)
Shriram City Union Finance (765, 1230) – Still going strong
Kitex Garments (58, 83.85) – Still going strong
SpiceJet (38, 48.30) – Bound to various government regulations and recommend to enter only at very cheap levels
DQ Entertainment (18.50, 47.95) – Still going strong
Escorts (64, 145.15) – Still going strong
Acrysil India (80, 240) – Still going strong
Kwality Dairy (31, 38.70) – Hold
Manappuram General Finance (35, 46) – No more attractive due to gold woes
NIIT (33, 33) – So so
APM Industries (13, 28.85) – Still going strong
Those stocks that are marked as ‘Still going strong’ are good for holding for long term, in my opinion
Happy Investing!
Dear Mr. Ajith
Good information about u r recomended stocks…now u quit from some of them…so what u buy new ???
pls. update or recomend new good stocks for long term.
Regards
Sunil
Dear Sunil,
After exiting some of the above stocks, I entered NHPC (flat), Kothari Products (flat), Simran Farms (big mistake), Sintex (exited at ~60% profit), Shilpi cable (exited at 80% profit).
Since, I invest in smaller quantities (due to my age profile), the returns are not that great in absolute numbers.
I am not an analyst nor someone who is qualified to recommend stocks. This post was more of what I was doing in equities at that time 🙂
In mid-caps, I plan to buy Sintex, Jyoti Structures and Shilpi Cable on correction. I have shortlisted a few more but not really spending time to do research there in.
Thank you,
Ajith
Dear Mr.Ajith
Your name swuggest you are a keralite. edassery, is it where you belong (Talikulam ?)
Would appreciate your opinion on Manappuram.
I would avoid gold loan companies like Manappuram now.
Yes, I am a Keralite – from Mala, Trichur although settled outside for many years now.
Dear Mr. Ajith
Where you seen market after election result..which are good pics in small / Mid cap or any equity as per u r study…Hope now you have a time for reaserch as this is a best time to earn money from stocks.
I have accumulate Himadri Chemicals @ 17-18, Prospectus of this co. is quite good…you also check the same if you have time….
Thnx
Sunil,
I have no clue to be frank. However, the current run-up doesn’t concur with any of the economic indicators – including IIP, Agricultural outputs, trade deficits etc. I feel that the market is going up purely based on the assumptions that there may be a change at the center and NDA may get majority. I am staying away from any investment since earlier this year though I might have lost the ride (almost 20% up since last few months).
I plan to enter the market only after the election results and a possible 10-12% correction.
Dear Mr. AJITH PRASAD
I WOULD LIKE TO SHARE ONE EXCEL SHEET WITH YOU AND NEED YOUR GUIDANCE. I AM UNABLE TO ATTACH THE SAME HERE. PLS PROVIDE ME UR EMAIL ID TO SEND THE ATTACHMENT.
I HAVE CHECKED UR EARLY RETIREMENT PLAN, IT’S TOO GOD AND UNBELIEVABLE.
REGARDS
SUNIL BHAVSAR
I am looking for few low cost stocks or small cap stocks which has the potential of making large cap in future to create wealth since I got small capital.
I have started shortlisting a few such stocks. I hope to write a post about them soon…
Dear Mr. Ajith.
Wish you Happy New Year.
Good to hear you something about stocks after long silence….
Any new stocks ( Multibagers) in your Radar??? Like Kitex..
I am tracking Kwality dairy ..Technically it is strong and it may reach above Rs. 200 level in coming yrs (3-4).
Pls. share your stock ideas frequently.
Regards
Sunil Bhavsa
8866020872 – whatsapp & 9825009938
Sunil,I am not keen on Kwality any more. Looking around for newer opportunities in small caps, probably at a correction which looks imminent looking at the global market scene. Will post.
Dear Mr Ajith
Thnx…. I will wait for yur comments for Mid to long term investmen in smll caps.
Regards
Sunil
I have just posted about some Small Cap ideas. Well, the markets are near all-time highs but some of these new picks may be picked at corrections. I myself are betting on 3-4 of them.
now any fresh stocks please
Dear Mr Ajith
Thnx…. I will wait for yur comments for Mid to long term investmen in smll caps.
Regards
ravi
I am buying IDFC at every dip. I expect it to be a long term multibagger with banking operations starting in another five to six months.
Just saw your site. I too am starting to invest at my late age. I would appreciate if you could share your views with me too. You seem to have some intuitive wisdom. Do share with me, if you can please. Thank you. Ajith.
Ambrose, you might want to start with some mutual funds than directly dealing with stocks. I am more into mutual funds and less than 10% into stocks.
hi ajith can you tell mw something about Dr datson Labs is it a multibagger as its seeing continues UC since pas few sessions. is it the right time to enter such scripts?
thanks
No idea Raj. I do not know about that scrip much although couple of my friends are into it.
Dr Datson labs has been delisted already. Stay away!
SIR, I HAVE BEEN HOLDING 10000 NHPC @ 36.50.I AM CONFUSED NOW AS IT HAS NOT PERFORMED SINCE LAST FIVE YEARS BUT BADLY BEATEN LIKE WASHERMAN’S DOG IN LAST 5 YEARS, TRADING AT ALMOST HALF OF THE PURCHASE PRICE. SHOULD I ACCUMULATE MORE AT PRESENT MARKET RATE ? HOLD ? OR SALE ? PLS. PLS GUIDEME.
I guess you purchased for 36 when the IPO was announced. Not to worry as NHPC has a Face Value of 10 rs and the Promoter holding is above 85% which is a healthy sign for the stock.
It should be matter of concern if there is a drastic change in promotors holdings but since it still has 85% of promotor holdings that’s a positive sign. So it would be better to hold and buy on dips to average it.. Its a good long term bet.
I had NHPC and booked minor loss on that some time back. I don’t think it’s a great appreciation story, looking at its massive debt. Personally, I avoid state owned companies (except a couple) as their fate is pretty much linked to the policies.
Sir im small investor can invest 2000-5000 monthly pls suggest 5 stocks where to start sip for 5 -7 yrs so by that fund i can do marriage of my daughter.
Anand,
Probably you shouldn’t directly put your money into stocks but go for 3-4 equity mutual funds in a SIP manner. Because, if it’s the stocks, just in case things go wrong with one or two companies out of the 5 you are invested in, you may be in trouble with respect your goals. So, think about SIPing the combination of a large cap fund, a diversified fund, a mid-small cap fund and a balanced fund.
If you are sure on stocks, consider some companies with steady growth and neat long term charts. Some of the stocks I can think of are: Asian Paints, Axis Bank, Castrol, Lupin Laboratories, Pidilite, Supreme Industries, Yes Bank etc
Dear Ajith,
Whats your suggestion on the below:
C mahindra Expo
Himdari chemicals
Goenka Diamonds
for 1-2 years.
Thanks
What is your view on orient green power
Dear Mr Prasad
Thanks for you blog, it’s quite informative I bought Sanwaria @10.rs, two years back. Today it’s 6.55, don’t know what to do. Please advice.
Tips 5 years
Dear Sir,
Please suggest new which share buy .
Pasting what I replied to another query…
The markets are currently highly overvalued. However, some of the stocks that I feel are fairly priced from growth/valuation point of view are:
Midcaps
=======
Atul Auto
Aurobindo Pharma
Avanti Feeds Ltd
Cera Sanitaryware
Kaveri Seed Company
Mayur Uniquoters
Zensar Technologies Ltd
Large caps
==========
Axis Bank Ltd
HCL Technologies
HDFC (Not Bank)
ICICI Bank Ltd
Reliance Industries Ltd
State Bank Of India
Tata Motors DVR
Do your own research before investing in any of them. I have vested interest in the stocks that I talk about 🙂
SIR,
I AM NEW INVESTER. I AM INTERESTED IN PENNY STOCKS WHICH HAVE A GOOD POTENTIAL MULTIBAGGER IN THE FUTURE. KINDLY HELP.
MANOJMON V
I don’t really invest a lot in Penny stocks. Currently, I hold only “Sundaram Multipap” among the Penny counters. Bought this after someone recommended it. To be frank I haven’t done much research into it and the exposure is really small 🙂
penny multibugger tips small range price stock short term tips
sir ,
i impressed your recommendation. pl.recommend multibagger midcap stock for 2016
thanks.
Some of the stocks that I have marked for picking soon are:
– Tamil Nadu Newsprint
– Plastiblends
– Zensar Technologies
(Disclosure: I have not bought them yet)
Usually, I don’t trade with such stocks. However, recently I am trading on Sundaram Multipap – a penny stock which have been trading in a range. It’s risky bet but keeps returning 20-30% in a range.
Sir suggest 5 multibaggers
Please send me info on the multibagger stocks
Please scroll up and take a look at my recent replies.
Pls provide me multibaggers for 2016
Hi, Ajith Prasad
Good Day.
What would be your take on ROLTA – as the stock has been beaten down in the current market turmoil. thank you and best regards.
With the kind of debt it has and hence poor interest coverage, it’s not an investment stock for me. However, I have seen how this stock behaves over the last 15-16 years. It’s something that you pick in deep down market as a bargain hunt and exit with multi-fold gains when the bull run peaks after several years. I doubt if that happens this time.
Pls keep me posted .
Any new recommendations?
Multibaggers idea please
Added Bajaj Finance into my long term portfolio stock. No other new midcap additions than mentioned here:
https://ajithprasad.com/midcap-stocks-india-accelerated-wealth-creation/
sir mic electrinics , spice jet, praj , mangalam drugs, fcel, ashiana housing. what is future.
Most of these companies are either debt ridden or slow growth ones. I personally wouldn’t put my money into them. They may perform in a strong bull market but once beaten down in a bearish trend, it’s hard to recover. Just my view!
Sir like to know wich stocks should I buy fr 2016. U are genius in research of stocks. Pls guide me. I am a new investor in market. Waiting fr yr reply.
I don’t have any multibagger ideas. For my long term portfolio, I am picking Tata Motors DVR, ICICI Bank, Axis Bank, Aurobindo Pharma, HCL Technologies, Reliance, L&T, Ultratech etc on regular basis (in a SIP mode). There are many others that I am holding.
PS: Do your own analysis before jumping in. I am just writing about what I am picking.
Are u planning to publish ur current stock holdings…any new additions or suggestions?
It’s always published at the following link: https://ajithprasad.com/my-stock-portfolio/
Recently added, ICICI Bank, Lupin, Tata Motors DVR, Aurobindo Pharma and Time Technoplast in the portfolio. Also picked some Suzlon and BILT as risky bets. I think ICICI Bank, Tata Motors DVR, Lupin, IDFC Bank etc are at excellent valuations now.
Please note that I am just openly publishing my holdings and my views. These are not necessarily recommendations for you. Please do own research before investing.
Thanks for information. Please Advise multibegger stocks at current market labels or updates.
Ajith,
What is ur view about prima plastics? I have been tracking this stock closely and has a fairly good business model.
It is on the heels of nilkamal and other plastic manufactures.
Is this good for long term?
I don’t track the stock but for a small company it is (based on sales/profit numbers), the valuations look very expensive. The fall in crude prices have lifted many of these stocks too high.
What are your viewes on V2 Retail?
One of my contacts had recommended this. Looks like a good restructured company that’s steadily growing again. The current price may be expensive though.
I am impressed with your recommendation. but provide few
stock of 5 to 10 rupees ,multifaceted in future.
Dr. A.K Srivastav
There aren’t many penny stocks that are good. However, I am betting on two ‘potential’ turn around companies. Suzlon and Subex. I am already holding Subex and plan to accumulate Suzlon. Do your own research further before investing.
Hi ajith,
Good work…thanks for sharing all such info.
Needed your views on below of stock in my radar:
Union bank ( for 1/1.5 year holding)
Dilip buildcon ( just launched; few week holding)
Usher agro (till good return; too risky)
KCP
D B corp
Appreciate your view.
Regards,
Hiren
I do not track many of these stocks except DB Corp which I think is reasonably good. They will continue to grow in terms of their online ad income, in my opinion. However, I see that majority of the promoter stake is pledged which is the only issue I see.
I am impressed with your posts. Pl notify me of your new posts. I’ll also definitely follow you at regular intervals
notify me about smallcap & midcap stock calls
penny stock tips range rs 5,to rs.25
small range penny stock tips
can u pl suggest me some small cap or penny stocks for 1 or 2,3 years investments?
Dear Sir,
kindly suggests the stocks for long term investments(usually 10 to 15 years).I have an amount Rs.1.3 Lakhs for onetime investments & for monthly investments in Rs.5000/=.
Thanks Sir,
T.Arunkumar
The following 12 stocks will be great safe bets for long term and will create a diversified portfolio across industries. Keep picking them on a regular basis and at every market dip, add more. Most of these stocks have run up a lot and hence don’t put bulk money into any of them at the moment.
Asian Paints Ltd
Bajaj Auto Ltd
Bajaj Finance
HCL Technologies Ltd
HDFC Ltd
HDFC Bank
Hindustan Unilever Ltd
Lupin Ltd
Maruti Suzuki Ltd
Pidilite Industries
Yes Bank Ltd
Zee Entertaintment Ltd
new stock recommendation, please send me.
Sir,
I am interested about multibagger stock recommendation. I am novice here. Want your valuable advice. Hope you will not dishearten me.
Thanking you.