Panasonic Energy India Company Ltd. – Multibagger Analysis
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.
Panasonic Energy India Co. Ltd., established in the year 1972 as Lakhanpal National Limited, is one of India’s largest manufacturer & supplier of dry cell batteries and lighting products. Headquartered in Vadodara (Gujarat), the Company is a part of global Panasonic Corporation, world’s leading manufacturer of audio-visual equipments, home appliances, electronic components, automotive electronics and environmental systems. .
The Company is a leading manufacturer and supplier of Zinc carbon, Alkaline, Lithium, Rechargeable batteries and lighting products.
Screener URL: http://www.screener.in/company/504093
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Considering the red-factors, I declare it as a high-risk multibagger. You should do your due-diligence more before taking position in the company.
Considering the current projects, I can definitely say it is not a long-term multibagger. May be a good hold till next 2 years (end of bull run).
2-3% 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.