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Multibagger - Asian Paints, 476% Return In 6 Years

Welcome friends. I hope you've experienced a volatile market this week because Nifty is trading in a range. I must say the dip in the market was buying opportunity in quality stocks. This week our Proven Multibagger Segment has a stock which colors people's life.

Yes, today's stock is one of the finest multinational company of our country, lead by Ashwin Choksi and one of the finest CEO K.B.S Anand. It has presence in more than 60 countries. With 75+ years of innovation in the paint industry Asian Paint has become leader in this sector. It  is also awarded as Forbes Asia's Fab50 Company, four times in a row. There is no doubt that Asian Paint is a  top fundamental bet for investors in long term wealth creation. 

Now let's talk about return it has given to it's share holders.

You can clearly see this is a perfect example of uptrend and in 2012 this share was available in ₹260.

At that time no person could have guessed about its potential except few smart ones. Investors should always look for value investing and this stock is a pure bet of value investing. It has already touched the level of ₹1500, that is 476% absolute return in six years. You also would have enjoyed dividend which it is giving continuously. 

Now this is trading near ₹1300. This is just because of temporary sentiment of market which is mainly for weak rupee and crude oil price. But I believe even at this price this stock is attractive for investing. In my opinion for a safe bet one can invest around ₹1250-1260 and could expect the price ₹2000-2500 very soon.

It is market leader in paint industry and if housing sector will boost then Asian Paints will become a clear beneficiary. This is because we all know paint is must for new houses😊

That's all for today. This is totally on my research. Before investing you should take advise of your financial adviser.

Thank you,
Happy Investing

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