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Is it good to invest in Rain Industries?
The stock has been trading near the day’s high level of Rs 244.6 per share, up around 7 per cent on the BSE intraday today. On the technical front, Choice Broking Executive Director Sumeet Bagadia said Rain Industries is a perfect buy for good returns and says the stock has been breaking the last three day’s high.
How do I find the next multibagger stock?
How to identify multibagger stocks?
- 1) Strong and capable management: A business cannot succeed without a management team that is capable as well as strong.
- 2) Competitive advantage: It’s perhaps one of the best ways to identify multibagger stocks.
Rain Industries Limited (NSE: RAIN) As on 14th Dec 2021 RAIN Share Price closed @ 217.80 and we RECOMMEND Buy for LONG-TERM with Stoploss of 193.25 & Sell for SHORT-TERM with Stoploss of 223.54 we also expect STOCK to react on Following IMPORTANT LEVELS.
What makes a stock multibagger?
A multibagger stock is an equity stock which gives a return of more than 100\%. For example, a ten bagger is a stock which gives returns equal to 10 times the investment, while a twenty bagger stock gives a return of 20 times.
Is rain a public company?
African Rainbow Capital (ARC) currently values Rain at R15. 03 billion, which makes the company far more valuable than Telkom. ARC was launched by billionaire Patrice Motsepe in 2016 and the company listed on the Johannesburg Stock Exchange (JSE) on 7 September 2017.
What will be the rain industries share price in 2021?
Rain industries share current price is 253.10 INR. And by 2021 the Rain industries share price can reach 300. And the Rain industries share target is 300 at the end of 2021. And by the end of 2022, the Rain industries share price will be around 350.
Is Mohnish Pabrai’s stock the next multibagger?
Mohnish Pabrai’s latest stock pick stands to benefit from the boom in the realty and retail sectors. The stock is fail-safe and is exhibiting all signs of being the next multibagger. We need to keep red alert and pounce on it at the appropriate moment It Was Mistake To Not Sell 10-Bagger
Is Mohnish Pabrai & Dolly Khanna’s stock beset with insurmountable problems?
When It Rains, It Pours: MiLords Brin… The all-time fav multibagger stock of Mohnish Pabrai & Dolly Khanna appears beset with insurmountable problems. The latest salvo has been fired by the Supreme Court by dismissing its plea as being “ totally misconceived ”.