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Top 3 Multibagger Stocks | Buy and you will be a millionaire by 2026.
If you have knowledge of the stock market, then you know that smallcap and midcap stocks are very good in terms of growth. But if we talk about the risk then it is also high. There can be many reasons why these companies are risky. Let us know what are those reasons.
Today we are going to tell you about 3 such midcap companies which are very good financially. Talking about their business model, it is quite good. These can be taken in the category of multi-bagger midcap. We are telling you this because the correction in the market has started booming again. And this could be a good chance for you.
Before telling the names of the shares, let us tell you that if you want to invest in these shares, then do it for at least 5 years. These shares are not for 2-3 months. So invest in them for at least 5 years. So let’s know about stocks.
Laurus Labs is a pharma and biotech company. The headquarter of this company is in Ahmedabad. It started in 2005. Apart from India, it has a customer base in 55 countries. This company works in the B2B segment. Talking about international clients, till now have joined 200 international clients.
Laurus Labs currently operates with the help of partner companies in countries such as Europe and the US. They have 8 manufacturing units. Which are in Hyderabad, Bangalore, and Visakhapatnam. The company’s RND centers are located in USA, Visakhapatnam, and Hyderabad.
This company is working with 4000 employees. Talking about production, this company produces HIV AIDS and Hydroxychlorin. The world’s largest anti-retroviral API supplier and India’s number one API manufacturing company. The company says that we will supply the quantity of hydroxychloroquine required for the treatment of Covid-19.
Deepak Nitrite is a chemical manufacturing company. It was started in the year 1970. They launched their IPO just a year after incorporation. Talking about that time, his IPO was oversubscribed 20x.
Their manufacturing units are located in Maharashtra, Gujarat, Taloja, Telangana, and Hyderabad. High-quality products like agrochemicals, rubber, colorants, fine chemicals, and pharmaceuticals are manufactured by this company.
The company covers 70% of the country’s market in the supply of sodium nitrite and nitro toluene. It has a good customer base in more than 30 countries.
CAMS was started in the year 1988. The company deals in financial services or service providers and is technology-driven. CAMS processes data from 70% to 75% of mutual fund companies in the country.
CAMS provides its service to 15 mutual fund companies in the country. Today this company is processing 71 million data. They have 4 subsidiaries which are as follows.
- CAMS Insurance Repository Services Limited
- CAMS Financial Information Services Pvt Ltd
- CAMS Investor Services Private Limited
- Sterling Software Pvt Ltd
CAMS Insurance Repository Services Limited
CAMS provides its service to its customers through a pan-India network and service centers, online, mobile apps, and chatbots. 39% of insurance companies’ data is processed by CAMS. The company ranks second in insurance data processing in the country.
CAMS Financial Information Services Pvt Ltd
This company processes the transaction-related data and their customer service operations are also managed by them.
CAMS Investor Services Pvt Ltd
This company does KYC work for Fun House.
Sterling Software Pvt Ltd
This company does the work of providing technology services.
So these are the top three midcaps stocks that are good for long-term investment. You can include them in your portfolio if you want. Thank you for giving us time. Keep visiting our website so that you can get information about the share market and cryptocurrency.
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