RIDING MULTIBAGGERS
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Identifying Multibaggers
Forum Discription: Discuss specific attributes that investors could look at while choosing multibaggers. Also point out certain factors that investors tend to overlook while finding multibaggers.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=2259
Printed Date: 06/May/2025 at 10:33am
Topic: RIDING MULTIBAGGERS
Posted By: Ashutosh
Subject: RIDING MULTIBAGGERS
Date Posted: 26/Jul/2009 at 7:05pm
|
Members,
have to put these information in this thread if they are riding any multibaggers and want to share with Teddies 1. Multibagger name 2. Multis done 3. period held 4. riding experience 5. learnings ------------- My tastes are simple: I am easily satisfied with the best |
Replies:
Posted By: Ashutosh
Date Posted: 26/Jul/2009 at 7:14pm
|
Multibagger Name : JP Associate
Multies : 4 Period Held : 1 year experience : It all happened in a short while....as such it is just cushioning other losses learnings : Markets are meant for going up....on bigger picture so stay invested....no need to sell anything..all will be good...in future... similar story with ICSA, 3 bagger, 1 year, sold partially when it went up from 50 to 70 and kept few....now they are 3 bagger...but investment is little now. ------------- My tastes are simple: I am easily satisfied with the best |
Posted By: Crimsonarcher
Date Posted: 29/Jul/2009 at 2:41pm
|
Multibagger Name : Tata Steel
Multies : 2.5
Period Held : 4 Months experience : Same here... just helping tide my losses in the big fall. learnings : Price is everything, both for buying and sell. The difference is what decided whether you've got a multibagger or not. So always look to buy as cheap as possible. |
Posted By: monkey91
Date Posted: 29/Mar/2010 at 10:47am
|
By trying to find those investment opportunities that are likely to
produce five- to tenfold returns over the next several years. I realize
that my thesis may seem wildly optimistic, but it might be more
realistic when you consider how depressed certain security prices have
become simply because the market has completely given up hope. It's as
if no business will ever generate increasing earnings ever again. ========== http://www.ebariatricsurgery.com/LapBand.php - Lap Band http://www.musclewarfare.com - n methyl d aspartic acid |
Posted By: LearningToFly
Date Posted: 30/Mar/2010 at 12:26pm
|
Dena Bank
Multies: 2.7
Period held: 14 months
Learning: Long terms view is essential for multibagger. ------------- Success... at all cost. |
Posted By: yogishkamath
Date Posted: 30/Mar/2010 at 11:56am
|
Zydus Wellness Multiples: 6.5 Period held: 16 months or so Experience: It started going up a lot later than my other picks which ran up significantly from March-June 2009. Unfortunately, I didn't add significantly to my holding in June even though I had some spare cash. Learning: Companies with low capital requirements, no debt and a big moat will sooner or later be recognized by the market. You should load up when they get caught in an ebbing tide.... Shri Laskhmi Cotsyn Multiples: 6
Period held: 16 months or so
Learning: Markets are not efficient. Securities can sometimes get ridiculously under (or over) priced
Financial Technologies Multiples: 4 Period held: 16 months or so Learning: Paying attention to what is discussed on TED can be lucrative ;) There are a few other 3-4 baggers which I got from cyclicals (Metals and Autos) which I have now sold..... The learning is obvious. Cyclicals do well when markets correct after a huge fall. |
Posted By: yogishkamath
Date Posted: 31/Mar/2010 at 12:05pm
|
I have also learnt something from my father's experience ..... Company held: ITC Multiples: 1700 Period held: 30 years+ Learning: Companies with a durable competitive advantage will give fantastic returns over very long terms irrespective of the price at which you buy. |
Posted By: LearningToFly
Date Posted: 31/Mar/2010 at 1:19pm
|
Yogish
Did your father hold ITC for 30 years. That's commendable.
On the other hand, all the multibaggers mentioned in this thread are post crash of Jan 2008. Does it mean, we just got lucky (No offence meant to people who have genius to recognize the multibagger). ------------- Success... at all cost. |
Posted By: 9StockPortfolio
Date Posted: 31/Mar/2010 at 1:37pm
|
Axis Bank Multiples: 55 Period held: 12 years Learning: Few bets, infrequent bets Big bets.. Invest full in the company you are convinced with.. ------------- Pursuit of Value |
Posted By: yogishkamath
Date Posted: 31/Mar/2010 at 1:45pm
|
Yes, we got lucky. But you have to remember how pessimistic everybody was in late 2008. In hindsight, some of these multibaggers might look like no-brainers, but it is not so easy to buy when people around you think you are being foolhardy and tell you so.... and then guffaw when the market tanks a further 10% after you buy. Thankfully, this bear market lasted only about 9 months. If it had lasted for... say.... 5 years instead, it would have really tried our conviction .... So, we were lucky in more ways than one. |
Posted By: arunshah2k
Date Posted: 31/Mar/2010 at 9:27am
This is wonderful. Totally agree with your learning.
People are now going ga-ga over Hawkins Cooker. But the stock is already a 50 bagger in last 6 years.
Imagine a company selling cookers becoming a 50 bagger in just 6 years!!!
|
Posted By: 2neeram
Date Posted: 31/Mar/2010 at 10:35am
I salute you  - for holding ITC such a long time. |
Posted By: hit2710
Date Posted: 31/Mar/2010 at 11:01am
|
PAREKH ALUMINEX 3 bagger
Holding period 1.5 years Still holding part of it. Lakshmi Energy 2.5 bagger Holding period 1.5 yr TTK Prestige 2 bagger Holding period 8 months  Sold out early, could have been 5 bagger
VST Tillers 2 bagger Holding period 8 months Still holding part of it. Polar Industries 3 bagger Holding period 8 months got lucky and got out at top. lousy stock but still gave three bags ------------- Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. |
Posted By: arunshah2k
Date Posted: 31/Mar/2010 at 11:05am
Well, more or less it is now clear that consumer stocks are the leaders of this bull market and are getting rerated day by day..
Wont be surprised if stocks such as TTK Prestige, Hawkins, Hitachi Home trade at 30-40 PE in the euphoria stage of this bull market - some 3-4 years down the line.
|
Posted By: j2eeprofessiona
Date Posted: 01/Apr/2010 at 12:40pm
| yes consumer stock are doing really good, but would like to see the impact of rising input cost on their bottomline.. last yr the input cost was very low but now its increase quite a lot ... |
Posted By: gautham
Date Posted: 07/Aug/2010 at 10:18pm
|
1. Ultramarine
9 times
4 yrs
sold out
2.Genesys
6 times
2.5 yrs
3.Geodesic
3 times
1 yr
4.Vinati Organics
5 times
14 months
When I bought Vinati it was 60 % of my portfolio. Today it still has a weightage of 33 %.
5.Tisco
3 times
6 months
|
Posted By: anthro
Date Posted: 07/Aug/2010 at 11:20pm
|
My position as on date :
Multibagger name :Nil
Multis done :Nil period held :Nil riding experience :Nil learnings :How much of your portfolio you bet in that multibagger is important.  Anthro
|
Posted By: studentoflife
Date Posted: 07/Aug/2010 at 11:59pm
|
I think most people in this forum are being modest.
There will be a lot of people with multi-multibaggers....
My best multibagger till date has been TTK prestige which is a 7.5 bagger.
Learning:
1) The best players in the market with good moats and very little competition can be bought when they may not be in a very good financial position but market is huge leading to a skewed demand suppy ratio.
2)Also high amount of debt in the balance sheet can be good when the cash flows are excellent.You need not invest huge amounts,but still they will grow to a substantial portion of the portfolio. KKR model highlighted on Prof Sanjay Bakshi's site provides very good insight.
This is even demonstrated by VIP industries and Bata India.
------------- First step towards learning is the realization that you do not know anything. |
Posted By: studentoflife
Date Posted: 07/Aug/2010 at 12:10pm
------------- First step towards learning is the realization that you do not know anything. |
Posted By: ravi
Date Posted: 12/Aug/2010 at 9:27am
|
I think over a 15-20 year time period if one were to draw a trend line of the largecaps, midcaps and smallcaps one would find that the largecaps would give a 3-5 bagger while the midcaps would give 6-10 bagger while a smaller percentage of smallcaps could give anything from 10-15 baggers. While of a universe of 10 midcaps one could probably find 2-4 good cos the smallercaps would be even lower. Finding pearls is a tough job as one has to go to great depths.
------------- |
Posted By: surfingminds
Date Posted: 22/Aug/2010 at 12:49pm
|
KEI INdustries /3 bagger /12 months
Parekh Alumminex / 3.5 bagger/ 9 months
Electrosteel CAstings / 3 baggger/ 7 months
Hindalco / 3.5 bagger/ 12 months
tata motors/ 4 bagger/ 12 months
Yes bank / 3.5 bagger/ 12 months
LL : Its important first to identify fundamentally good companies and enter at lowest price and exit on high.. which is the most difficult to learn but atleast i learn simple thing keep identifying good companies and during market crisis invest in them. We are lucky to have so many multibaggers around cuz of th market crisis it was the most volatile period.....
|
Posted By: munger
Date Posted: 27/Aug/2010 at 1:54pm
|
1. Multibagger name TATA MOTORS
2. Multis done 7 3. period held 18 MONTHS 4. riding experience WILL HOLD ON; SHOULD HAVE BROUGHT MORE @ 900, WAS LUCKY TO HAVE CUAGHT THE BOTTOM 5. learnings COMMITTED ONLY 25% OF CAPITAL; HESITATED WHEN MARKETS SHOT UP POST ELECTION; DON'T HESITATE WHEN YOU HAVE DONE YOUR HOMEWORK AND ARE CONVINCED ------------- Munger |
Posted By: j2eeprofessiona
Date Posted: 27/Aug/2010 at 10:30am
25% of ur capital in one stock, is more than good enough.. |
Posted By: adityancs
Date Posted: 27/Aug/2010 at 10:49am
|
Dear friends, it is really very nice to have postmartom analysis about multi baggers. Could any one guess that it would be multi-bagger when bought?
Even though most of us (the teddies) have made few baggers in last few years, we can not reveal the sure formula for multi-baggers !!
It seems that most of the multi baggers have come from Non-promising industry. "Peter Lynch can not be wrong"
|
Posted By: rinkumalpani
Date Posted: 28/Aug/2010 at 2:03pm
|
Oki..how exactly are you guys calculating a stock to be a multi bagger???quantitatively i mean........
1)Is it from the bottom which it made in the last downturn (guess the general perception should be that), 2)Is it from the top which it made in the last upcycle( It can't be that), 3)Is it from the price at which you entered ( then we will all have difeerent multibaggers in the same stock) 4) Is it from the price of its issue 5) Is it from its all time low |
Posted By: venkym2000
Date Posted: 28/Aug/2010 at 10:36pm
For me it is -
Others do not relate to me. |
Posted By: surfingminds
Date Posted: 29/Aug/2010 at 1:30pm
| Ya I suppose every one is caculating their own entry point but the right way to identify real multibagger which made multiple value even after the last upcycle top.. |
Posted By: rinkumalpani
Date Posted: 06/Sep/2010 at 12:27pm
| one stock in indian markets which has been a multibagger in each bull run is asian paints..--seems like not many people have had the patience of holding this one ...can castrol be another one? |
Posted By: adityancs
Date Posted: 06/Sep/2010 at 10:34am
| Identifying Multibaggers is one aspect. Betting on it with conviction is another aspect. I normally have 50% of my portfolio in large caps, 30% in Mid cap and remaining 20% in small caps. Small caps produce many multi-baggers but the investment used to be very low so it makes little impact in my portfolio. If large money is invested in few small cap shares with conviction, one can benefit a lot. But, it is a bit risky... |
Posted By: mrityunjay
Date Posted: 07/Sep/2010 at 12:54pm
|
lic housing: 5 times Period held: 2 years Learning: invested when it was cheap, got lucky. sold few day ago. glodyne: 4.5 times Period held: 1.3 years Learning: invested when it was cheap. still holding. ------------- mrityunjay |
Posted By: VikasG
Date Posted: 08/Sep/2010 at 11:04pm
|
Multibagger Name : Rallis India Multies : 38 Period Held : Still holding from 2001-02 experience : No need to sell a company till it has got potential to grow at decent/respectable rate. ------------- Cutting losses is like performing surgery on one arm with the other’ |
Posted By: prabhakarkudva
Date Posted: 08/Sep/2010 at 10:33am
|
It'd be really helpful if you guys also mention what %age of your portfolio were these multibaggers when you bought them.
------------- Take your chances and keep them in a box until a quieter time. |
Posted By: Kabootar
Date Posted: 29/Sep/2010 at 11:53am
|
Just want to illustrate the power of holding even the market leaders from these two companies my father bought way back when I was a chick:
1. Reliance Industries- bought in 1998. Capital Appreciation: Hard to estimate because of splits, bonuses and group restructuring. 2. Videocon Ltd: 9.6 times. Holding period 15 years. Not counting dividends etc here. Lessons: Buy a decent company and then don't bother too much about it. Then again, he also bought IDBI Bank... so this is not foolproof. ------------- Verbal diarrhoea! A most deadly disease. |
Posted By: chimak10
Date Posted: 30/Sep/2010 at 12:15pm
|
I would assume that your dad after buying those stock would have forgotten about it. Otherwise people sell stocks for 10% gain.
If not that give my pranam to your father. If someone had without going into details bought just the brand name stocks like Castrol, hawkins, TTK, EXIDE, Amarraja, BOI, Bosch, mcdowell, VIP united breweries and many many more brand name he would have beaten every emerging sector stocks plus all MF houses and rest of the analysts. The person would have made a record of 100 baggers in numbers of stocks. The trick was just holding the stocks and avoiding the sectors plus Money to buy stocks how many of us had invest able sums then. This gyan and lecture is with total hindsight advantage take it or leave it. 
It seems just like in life in stock markets too simplicity in thinking wins every time. |
Posted By: go4sheel
Date Posted: 30/Sep/2010 at 12:18pm
|
Rallis was laggard for nearly 4 years from from 2005 to 2009 at around Rs.250, its only before that and after that it has appreciated.
Its more dependent on how economy grows. So if economy slumps in near future it will go down again. So a company which has grown consistently can be regarded a true multibagger for long period time. |
Posted By: surfingminds
Date Posted: 30/Sep/2010 at 12:41pm
|
here I am watching out 2 future multibaggers during the next 1-2year but, Any one of you have idea or comments please share
1. MIC Electronics : A small but technology concept business LED displays and lightings supported by Japan company who are giving them the required semiconductor technology and device. Almost monoploy supply to railways for the emergency lighting, Recent contract of 4 crore from australia, Ventured into leasing of LED screens for events like 9 crore worth supply to common wealth games. I see future demand of their services from media, event management and advertisement industry.
Technically the stock is available at 40 near to the bottom, Buy for target of 120 in 1 year time.
Only concern is capacity expansion & competition or technology risk but same time innovation would drive the growth.
2. Microtechnologies India : This is good security device maker with innovation capabilities , The strong fundamental and cheap valuation is mouth watering and same time a concern why markets are not giving value to it may be something internal which we don't know but apart from them i feel security devices should have lots of demends in future and innovation capabilities of the company can drive further growth .
CMP 210 already 2 bagger i look further to go 500 in 1 years time .
Both these and threads on TED to discuss and record them here so that 1-2 year down i can check the same place to see what happend.
|
Posted By: anthro
Date Posted: 30/Sep/2010 at 1:05pm
|
Its simple to make money ( very difficult to implement in practise )
|
Posted By: Kabootar
Date Posted: 30/Sep/2010 at 3:16pm
He never forgot but he never mentioned it until 2005. He also started serious equity investing that year and he now has 80% gains in a portfolio of 150+ stocks. And this is a man who until recently did not know or care about Rakesh Jhunjhunwala. The main hurdle according to him was not money but financial literacy and accessibility to the share market in the 90s. People living outside the metros like us would buy gold, FDs, bonds like their parents before them but there was no one to tell them about the gains they could get from shares! Only scandal news would come on DD about the stock exchanges :D His idea of holding for a long time also comes from patiently holding all those 25-year bonds, 5-year National Savings certificates,3-year NBFC debentures etc. Nowadays we are lured by easy money! To buy shares even 12-15 years ago, one had to watch out for ads given out by the companies, take a DD or cheque and then send it to the company. Company would allot shares depending on its own calculations and then you had to wait for the certificates and refunds. What an opaque process compared to the demat and ASBA of today! He missed out on buying HDFC bank at issue price because of an error in the DD he sent. By the time DD came back, issue was closed. The silver lining: IPOs the were priced at par to face value by law. ------------- Verbal diarrhoea! A most deadly disease. |
Posted By: chimak10
Date Posted: 30/Sep/2010 at 4:13pm
|
If your dad kept holding the stocks even after he knew it was 10 bagger or 20 bagger then i have tremendous respect for your dad. It takes nerves to hold on to the stocks when they become 5-10 bagger.
|
Posted By: Kabootar
Date Posted: 30/Sep/2010 at 4:39pm
|
real nerve is staying on and adding more when your holdings are 20-30% down on their actual value... looking at long term movements of many stocks, it is clear that the pullback from the lows in 2008 actually took them to bigger highs than at the top of the last bull run!
i see no reason to sell if one is not in need of funds. ------------- Verbal diarrhoea! A most deadly disease. |
Posted By: Kabootar
Date Posted: 30/Sep/2010 at 11:01pm
They should make every small investor recite your gyan 10 times from memory. RJ and Parag Parikh keep repeating this same thing at every forum they get to interact with investors, but how many people want to hear that part? Schools should add financial education along with the Moral Science and PT. teach a kid to put 100 rupees a month in an RD for 5 years, that will teach him the power of holding and compounding. And all my ranting is because I'm angry at the state of affairs. It has come to a point where small investors are being called DUMB MONEY by the brokers and anchors. maybe because they had to work hard for that money and think 100 times before buying stocks. These days the big guys dont even hide their contempt for the little fish. ------------- Verbal diarrhoea! A most deadly disease. |
Posted By: go4sheel
Date Posted: 01/Oct/2010 at 2:31pm
I think competition is the main concern for MIC Electronics. If you see there are so many players in unorganised sector who makes LED lights, torches, lanterns, etc., So one has to see if MIC has any kind of monopoly in its products. Also if it has good product portfolio then why it has not taken off in a big in sales. |
Posted By: chimak10
Date Posted: 01/Oct/2010 at 10:32am
Kabootar sir you are making a mungeri blush People didn't understood what i was trying to say. i didn't mean you buy x numbers of stocks and hold them blindly. A Person should at least understand concept of biz cycles, MCAP, few basic valuation ratios, companies position in the industry, some view about companies management, at least understanding of the business, some basic reading of stock gurus. Avoiding sectors like fertlizer, papers, tires , aviation etc etc. To have some estimate for future growth. All i wanted to say was that a person since 2003 could have gotten very good decent return in long run by buying companies like consumer companies, many private psu banks, known brand names like 3M, pidilite, castrol without knowing anything about stocks. How many people are stuck in so many real estate stocks, stocks like rcom, suzlon, northgate, indage viniters, etc etc. I just wanted to say while chasing high touted growth stocks average people didn't make any money. |
Posted By: prabhakarkudva
Date Posted: 01/Oct/2010 at 10:50am
Isn't the same happening with Delta corp now?  I still feel the pertinent question is when would one get out of delta corp(or any other high flyer) rather than if you should get in now? An exit strategy can save a lot of heartburn.------------- Take your chances and keep them in a box until a quieter time. |
Posted By: rajnsharma
Date Posted: 01/Oct/2010 at 11:52am
I feel an exit strategy is the most important thing in stock market. Worse case you will not make as much money as your friend is making, but you will also not loose money. Another important point is that when we are following RJ or SA we come to know much later about their buying and don't even know their exit strategy. Also they can hold for years and decades due to their conviction and their research, but how many of us have the conviction to stay put beyond one or two quarters if the company shows average results for some time. The best example is Hawkins. How many of us will still believe in the story if there is another average quarter .By the way I have a vested interest in the question, as my portfolio is heavily tilted towards Hawkins. |
Posted By: chimak10
Date Posted: 02/Oct/2010 at 3:30pm
I was just talking about buying the stocks  selling has to be done on your own.
In 1996-2003 most non tech companies were selling at throw away MCAP with lot of value and growth possibility. and relatively it was also the case in late 2008 and early 2009. Most of the people don't understand this concept of MCAP relative to sector opportunity size.Plus the whole business cycle was in downtrend then. Selling the companies ........now this is an art which no one has learned. Not even buffett or peter lynch or RJ or arora. A person should sell the stock when he feels that the company is not performing, or he has made his target corpus from the market, or he finds more exciting stock to invest in. Or he just feels like selling it. Or that the company is quoting at godforsaken valuation which company will never be able to catch up. Or the person feels that market is overheated and will crash down. etc etc etc. No more gyaan on selling the stocks from me. |
Posted By: subu76
Date Posted: 02/Oct/2010 at 7:26pm
I think most Indians think the stock market is a casino and never think about these things....
 Offcourse, this is great since it means less competition for us.
This is where Basant Ji's innovation of TED is playing a great role in our lives.
|
Posted By: Kabootar
Date Posted: 02/Oct/2010 at 8:20pm
Kya boss... mungeri bana diya. Anyway leave it, all I meant was that investors should be taught some proper concepts before they unleash their chequebooks. Can we agree that there are 10, 15, maybe 20 companies where you do not have to think much about when you buy for the future. Stocks that transform with the economy. They could be in infra, banking, power, auto, manufacturing. Yes, basic knowledge of financials is a must, it is not rocket science. But anyone who uses common sense can do well in the stock market. ------------- Verbal diarrhoea! A most deadly disease. |
Posted By: camanoj
Date Posted: 23/Nov/2010 at 10:04am
|
Mritunjaya, any take on Glodyne now, esp in view of IT raid & survey at its premises.
------------- Manoj |
Posted By: excel_monkey
Date Posted: 23/Nov/2010 at 10:15am
|
I had an 18 bagger in Ansal properties in just 2 years time
did not sell though I am not in a loss my gains have come down from 1700% in 2 years to 35% in 5.5 years It is very dicey to say when a stock tops or when a sector looses its sheen
|
Posted By: TheMatador
Date Posted: 24/Nov/2010 at 1:12pm
|
REC
3 bags
2.5 years ------------- Keep digging...one day you will find the mineral beneath. |
Posted By: TCSer
Date Posted: 07/Feb/2011 at 9:22pm
Whats the view of teddies on recent Topsy turvy ride of REC fron 200 to 400 n back to 260? ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: master
Date Posted: 07/Feb/2011 at 10:42pm
Given the sanctioned limits, T&D disbursement growth will be decent at around 30%. Large portion of their YTD disbursements were to generation segment. Margins will be under pressure in view of increase in cost of funds.
At less than 2x P/B for FY12E, it'll be steady grower but nothing great. Among peers, PFC is positioned somewhat similar. ------------- Someone’s sitting in shade today because someone planted a tree long time ago. |
Posted By: studentoflife
Date Posted: 07/Feb/2011 at 8:00am
That is certainly an extreme event...Is Ansal properties a real estate stock...bcoz I remember both Samir Arora and Rakesh Jhunjhunwala were bearish on real estate stocks because of non transparent evaluations... ------------- First step towards learning is the realization that you do not know anything. |
Posted By: basant
Date Posted: 07/Feb/2011 at 8:48am
that is one reason why investor should own stocks that do not need regular churning (catching the top). Some sectors in this category are Banks, Consumers and Pharma. ------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: mrityunjay
Date Posted: 02/Jun/2011 at 3:24pm
|
needed some money to pay for house, which i bought 8 months ago, so i cashed glodyne and lic hf. ------------- mrityunjay |
Posted By: Ravenrage
Date Posted: 02/Jun/2011 at 6:38pm
| Would like to know how many our senior members have made. There should be quite a lot of them . |
Posted By: akshayapandey
Date Posted: 28/Aug/2011 at 2:42pm
|
Three potential multibaggers from PLEASE DO NOT COPY MATERIAL FROM HERE! and my guesses what they could be:
To give you a brief preview of the 3 exciting companies in this report: Our first company is a great play on India’s oil & gas sector. Every year enormous amount is spent on exploration & production activities to find new oil reserves. This presents a huge demand potential for the company’s product portfolio effectively making it an excellent buy for long-term investors. Engineers India Rural opportunity and infrastructure - there probably aren't any big picture themes that are likely to make more money for investors than these two. And our second company deals with not one but both these sectors, thereby presenting a double bonanza for value investors. IDFC Power is an eternal story in India. Our third company is engaged in financing power projects throughout India, particularly rural areas. In fact, it occupies a top position in government’s directory as far as the growth in Indian power sector is concerned. Barring some near term policy hiccups we believe there is nothing that can refrain the stock from delivering returns in excess of 100% over the next 3 to 4 years. Power finance/ Rural Electrification PS: I do not ahve the report, I am just trying to guess the stocks from the pop up whic opened up while browsing their site. |