Asian Paints Multibagger 3 years timeframe
- Asian paints founded in 1942, is India’s largest and Asia’s third largest paint company, with a turnover of Rs. 141.83 billion.
- Asian Paints operates in 19 countries and has 26 paint manufacturing facilities in the world servicing consumers in over 65 countries.
- Asian Paints was ranked 11th amongst the Top paint companies in the world by Coatings World - Top Companies Report 2015.
- Asian Paints was also included in the list of India's Super 50 companies by Forbes India
- Asian Paints has always been a leader in the paint industry, pushing new concepts in India like Colour Worlds, Home Solutions, Colour Next, and Kids’ World.
- Current MD and CEO is Mr. K B S Anand who is running company very successfully.
- Company also has many susidary companies under it.APPCO,BERGER,SCIB,Taubman,Sleek and Kadisko which also generate good revenues.
- Comapny Products include Interior Paints,Exterior paints,Metal Fineshes,Wood Finishes,Water proofing,Wall coverings,Effects and Painting Aid.
- With low Oil to to remain, its going to help the Paint company very much as 50 % of the cost is oil.
- Companys is growing 30 % Quater on Quater and profit is also growing at 30 %.
- We expect Asian paints to deliver good performance as the Indian Middle class income is booming and the company stock to double and become Multibagger in next 3 years.
MIC Electronics Multibagger 3 yrs time frame Long term
- MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988. Its also ISO 9001:2008 & ISO 14001:2004 certified.
- MIC's flagship products are LED Video Displays (indoor / outdoor / mobile), that have become an integral part of Sports Stadiums, Transportation Hubs, Digital Theatres and Theme Parks, Advertisements and Public Information Displays.
- Headquartered in Hyderabad (India), it has nation wide presence in the form of a vast network of marketing, sales and service support centres in all metros of India. To meet the demand of its products worldwide, it has offices in Australia,Korea and USA. Now the company is gradually setting up operations in other international markets.
- Some of the clients of MIC are L&T,Indian Railways,RBI,HP,MTNL,SBI,LIC,RELIANCE,COAL INDIA and more.
- Started in 1988 it Supplied Multi-colour & Multi-lingual LED Displays for On-line Train Information display to South Central Railways
- In 2008 MIC is selected for "Best Under a Billion" by Forbes Asia as one of 22 Indian companies among 200 Asia Pacific companies.
- The company was making loss for past few years.But its now turning around as the demand for LED is increasing and MIC is benefit from it
- Also It has tied up with LG which will further help the companies growth.With all this in mind and available at attractive price of less than 20 Rs, his stockcould give multibagger retursn in 3 yrs time frame.
