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Multibagger Stock: Buy MUNDRAPORT at 125, For Target 171

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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.

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About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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