Last Few Multibaggers in Less than 8 Months
| Sr. No. | Stock Name | Reco Price | High after Reco |
| 1 | Asian Hotels | 177 | 321 |
| 2 | Thangamayl | 368 | 696 |
| 3 | Avanti Feed | 1575 | 2940 |
| 4 | GNA Excel | 232 | 474 |
| 5 | GNFC | 297 | 548 |
| 6 | Adorweld | 334 | 659 |
| 7 | Jindal Saw | 99 | 182 |
| 8 | CGCL | 74 | 142 |
| 9 | Guj Boro | 84 | 174 |
| 10 | Aspinwall | 337 | 579 |
Menon Bearings Ltd. - Multibagger in Making
Buy at CMP 120- Targets - 145 to 197 - Time Frame - 3 to 24 Months, SL - 89
Triggers :-
1) 3Q Profits Increased to 54.9 M v/s 39.6 Millons YOY and 3Q Rev 370.8 Millon V/s 281.1 M
2) The stock has also strong dividend payouts in excess of 30% over the last ten years with 75% Promotor Holding
3) Company is Exporting 35 % of its production capacity, with exports growth at more than 25 % per annum
4) MBL has been awarded " Ship to Use " certification by major OEMs (Original Equipment Manufacturer)
5) MBL is globally positioned with business activities spanning 24 countries around the globe
6) The Company exports its products to the United States, the United Kingdom, Italy, France, China, Mexico and Brazil
Menon Bearings Limited (MBL) is engaged in the manufacturing of auto components. The Company's products include bi-metal engine bearings; bushes and thrust washers for light and heavy automobile engines; two wheeler engines, and compressors for refrigerators, air conditioners and others. It offers aluminum die casting components. Its bearing products include bearings for connecting rods, bearings for crank shafts, flanged bearings and trimetal bearings. It offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; cam shafts; rock shafts, and rocker arms. Its thrust washers include washers with thrust face contours and ring type thrust washers. Its aluminum products include engine components, gear case covers, clutch assembly, cylinder heads for automobile engines, break parts, engine parts, portable tools and fuel pump parts. The Company exports its products to the United States, the United Kingdom, Italy, France, China, Mexico and Brazil, among others.
Profit Growth YOY :- 3Q Profits Increased to 54.9 M v/s 39.6 Millons YOY and 3Q Rev 370.8 Millon V/s 281.1 M
Menon Group is a multi-product, high end critical auto components group with a turnover exceeding Rs 300 crore & globally positioned with business activities spanning 24 countries around the globe exporting 35 % of its production.
The Menon Group's historic commitment to quality and customer service, strong corporate values, disciplined & professional management systems, emphasis on trust in business relations & its ability to meet special needs is recognized the word over.