Some multi baggers recommended on our site
June 13th, 2007 by AnalystWe are giving hereunder a list of some multi baggers recommended on our site last year. Only those stocks are listed here which have more than doubled and other stocks which have given less than 100 percent returns are not included here.
IFCI Ltd
We had recommended IFCI on 23rd March 2006 at Rs. 9.50 and after a period of about 15 months the stock has multiplied 5 times and recently touched Rs. 50 levels. The stock has multiplied more than 5.2 times.
India Infoline
We had recommended India Infoline on 22nd june 2006 at Rs. 111 and the stock has multiplied more than 5.5 times in less than one year’s time and the stock is currently quoting at Rs. 616.
Rajesh Exports
We had recommeded Rajesh Exports on 23rd March 2006 at Rs. 155 and recently it has touched Rs. 550 levels multiplying more than 3.5 times in a period of about 15 months.
Indiabulls Financial Services
The stock was recommended on our site on 15th June 2006 at Rs. 192 thereafter the company was demerged and Indiabulls Real was the new demerged company and each holder of erstwhile Indiabulls Financial Services was allotted shares of new company in the ratio of 1:1. The combine value of the financial services and Real estate stocks as on date is Rs. 872. The stock has multiplied 4.5 times in one year.
Kotak Mahindra Bank
We recommended this stock on 30th June 2006 at Rs. 233 and it rallied to cross Rs. 600 levels in less than one years time multiplying more than 2.5 times.
Praj Industries
We recommended Praj Industries on 19th June 2006 at Rs. 140 and the from there the stock moved to Rs. 522 in less than one year’s time multiplying3.7 times.
ICICI Bank
The leading private sector Bank was recommended at our website on 15th June 2006 at Rs. 451 and the stock has more than doubled since then and has recently touched Rs. 1000 levels. Currently the stock is quoting at Rs. 913 doubling itself from its recommended level.
Bank of India
Bank of India was recommended by us on 15th June 2006 at Rs. 95 and in less than one year the stock has recently touched Rs. 220 level giving more than 100 percent returns, however from the last few days the stock is in a downtrend and is quoting around Rs. 180.
Classic Diamonds
The stock was recommended on our site on 28th March 2006 at Rs. 175 and the stock has since then rallied to Rs.540 levels, then came down to Rs. 330 and then again went up to Rs. 480 in April this year multiplying more than 2.5 times.
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