8 months ago

Motilal Oswal Identifies 29 Multibagger Stocks

Motilal Oswal Identifies 29 Multibagger Stocks
It was Asian Paints last year—IndiGo a good opportunity now: Raamdeo Agrawal · livemint.com

Motilal Oswal Financial Services has a special report that talks about 29 stocks that could grow a lot.

The report says that the world and India are getting richer.

India's economy is expected to grow very big, from $4 trillion in 2025 to $16 trillion in 2042.

The report suggests that banks, insurance companies, and companies that make things people want to buy, like cars and motorcycles, will do well.

Some of the companies mentioned are HDFC Bank, ICICI Bank, and Maruti Suzuki.

The report also says that Bharti Airtel and ICICI Bank have been the biggest creators of wealth in the past.

This growth will create a cycle where more wealth leads to more economic growth, which in turn creates even more wealth.

Key facts

Brokerage
Motilal Oswal Financial Services
Study
30th Annual Wealth Creation Study (2020–2025)
GDP Projection
India's GDP to quadruple from $4 trillion in 2025 to $16 trillion in 2042
Key Sectors
Financials, consumer discretionaries, auto, healthcare, insurance, realty, airlines, cables, e-commerce, consumer durables, telecom
Notable Stocks
HDFC Bank, ICICI Bank, SBI, HDFC AMC, Motilal Oswal, MCX, Nuvama Wealth, Bajaj Finance, Eicher Motors, M&M, Hero MotoCorp, Maruti Suzuki, Bharti Airtel
Wealth Creation
Bharti Airtel and ICICI Bank are top wealth creators
Market Outlook
India shifting to a multi-trillion-dollar opportunity over the next 17 years

Quotes

Motilal Oswal Financial Services

A financial services company

“The world is getting wealthier by the day, and so is India. As an economy gets wealthier, the wealth effect kicks in, which further boosts economic growth, which in turn, propels wealth, creating a virtuous cycle of growth and wealth creation.”
financialexpress.com
“In this MTD opportunity, financials (including capital market) and consumer discretionaries will see explosive expansion as they hit the tipping point.”
financialexpress.com

Sources

Related news