Update: This stock really is Not a Multibagger. 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.
Muthoot Finance focuses mainly in the gold loan segment. The company also an emerging player in the money transfer, wealth management services.
Additional Futurecaps Checklist
Warning: This is a gold-price dependent player. Gold Price is trading 30% down from peak. Restoring of Gold Price to the Peak should make this company gain 3X-5X profits.
Here by we declare that Muthoot Finance is a multibagger contingent to gold-price peak.
2% to 3% 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.