Start accumulating MUNDRAPORT stock as we can see the stock is near its bottom, this is definitely right time to pick stocks like Mundra port from the current market situation. The market capitalization of this company is more than Rs.26,000 crore. The company has sales turnover of Rs.1,392 crore. While total value of assets of this company stands at Rs.6,645 crore. Book value of the stock stands at Rs.87. At current market price the stock trades with P/E of 30.
Looking at these above fundamentals we find that the valuation of the company stays attractive. So buy this stock near 123 – 129 for short term target 153 and 171. also place a protective stop loss at 116.
Definitely a multibagger stock in future, with 14% upside potential in near term.