Update: This stock really is Not a Multibagger up to date. Since the Valuation change it is No Longer a Multibagger in our view. You can check other stocks from our latest Multibaggers pack.
Futurecaps is a SEBI Registered Research Analyst providing Multibagger service to Indian Stock Market.
In this post we can analyze the possibility of Mirza International as a potential multibagger.
We are holding a research on this as sources say Top Investor Rakesh Jhunjhunwala is increasing holding in the company.
Mirza International Limited is a frontrunner in the manufacturing and marketing of leather and leather footwear. The company exports its products globally & holds reputed brands like Red Tape.
Analysis Link: http://www.screener.in/company/526642
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Here by we declare that Mirza International is a multibagger with possible 2X-5X gain in next 5 years; watch quarterly results carefully for hold/sell decisions.
It is a potential multibagger like Page Industries with good brands under hold, but watch the quarterly results carefully.
1-2% of your portfolio.
Futurecaps recommends 20 to 25 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity. The stocks recommended here are gone through Analysts of several years experience in stock market. Although they were successful in predicting future multibaggers, the overall stock market is a risky game. So we recommend the reader to put his/her own thoughts & invest wisely.