Budget 2023 injected fresh lives in infrastructure and cyclical stocks, some of whose share prices were languishing. If Finance Minister Nirmala Sitharaman’s Interim Budget speech is any indication, it’s reasonable to expect the good run in such stocks to continue.
The idea here is not to look for stocks that sky-rocket in weeks, only to come crashing down in days. This is more like investing in a structurally strong penny stock today that sprouts its wings over five or even 10 years
Multibagger investing is about being disciplined and not trying to get rich quickly. Investors need to stay patient and build the patience to swallow multiple drawdowns. It is the multibagger mindset that counts and if you trim your winners, you might not be able to realise the full potential
After the stellar move in the share prices, mutual funds trimmed exposure in or exited these small-cap companies
SP Tulsian of sptulsian.com has a target of Rs 50 for SpiceJet from one year perspective and Rs 600 for Clariant Chemicals in the next six months.
With the onset of monsoon, Tulsian is bullish on pesticides, seed chemicals manufacturer-Rallis India. He sees the stock to touch Rs 170 in a six months time range and with very limited downside risk.