High Risk High Return Multibagger Stock Name Revealed

Likely Future Multibagger Stock

The below write up is valid for high-risk high return risk-takers as stock can become a multibagger stock. The capital being employed is small but can give huge dividends.

The government has drawn a list of four PSU banks, namely, Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank in which it directly or indirectly holds majority stakes, and wants to disinvest equity. Senior officials told Reuters that the move is made in an effort to generate government revenue, which is severely hit amid the coronavirus crisis.

Improvement in growth is due to a better quality of the Loan book , standard Advance has increased by Rs 8000cr, MSME, and Retail was 30% growth during the quarter.

MSME growth was 30%. guidance of 10 to 12% growth for this year, msmse above 20% growth expected corporate growth expected to grow at 5 to 8%.

NIM is around of 2.43% because of the low investment, these year we are planning for more advanced NIM Target of 2.5 to 2.6%.

Slippage was low and there was some interest reversal which has impacted NIM

Slippage was low on QoQ and YoY basis. We brought down 800 bps in Gross NPA supported by recovery upgrade and write- off, and Target is to reduce Gross NPA and Net NPA by 200 to 300 bps in this fiscal.

Perhaps Only banking stock with multi-bagger potential in medium-term to long term.

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