What will be next 10x. or 100 x multibaggers stocks

L&T Finance has already more than 3X from discussed level in less than 2 years.I am of view it will be 10X from my suggested level .When A M Nayak CMD L&T sound Bullishness on this company ,it was a Blind Buy.Another stock discussed by me in this thread was DCB bank ,already more than doubled.

 

If market grows at 10%, L&T Fin will grow at 20%: Dinanath Dubashi, L&T Finance CEO

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

Guys anyone have view on Solar Industries ? It hasnt fallen much in this ongoing carnage and earnings performance is very consistent for last many years. Very less float is available to retail.


https://www.marketsmojo.com/Stocks?StockId=736279#!#navDashboard

https://trendlyne.com/equity/1263/SOLARINDS/solar-industries-india-limited/

 

I am bullish on DCB and IDFC bank and hoping for 15 % CAGR returns for next few years ,no recommendation but for discussion.

 

@kharb ,

How long you plan to hold on to IDFC First? You believe it's next HDFC Bank?

 

A strategy : Buy 500/1000 shares each of DCB Bank, IDFC First Bank and L & T Finance Holdings and hold for at least ten years. One of them should show growth similar to or resembling HDFC Bank. None of them will become the next HDFC Bank.

 

I am a very long term investor but only in companies showing minimum 10% or more profit cagr growth,earlier also I invested in this stock but dumped the stock on failure of its ex CEO to grow the bank.Now with change in guard ,I am again betting on its new CEO Mr Vaidynathan,who in my view did a good job in Capital first gtowth. I dont expect it to be next HDFC BANK,which has grown at 30% CAGR for decades and still growing at 20 %.HDFC BANK had earlier mover advantage ,with good management and strong brand with good parentage.I don't see such parallel in IDFC bank. But for any stock to be invested by me ,only primary requirement is to grow in double digit cagr,preferable minimum 10 % or more for large caps and 15% or more for mid caps.My portfolio target return are 15% . I am expecting 15% CAGR return in this stock, if it is 20 % I shall be more than Happy,but weightage of this stock in my portfolio will be approx 1% to start with .

 

Where did you err in the past in your assessment of IDFC Bank?

Was it management or business valuation or ??