Multibagger Indian Stock : SESA Goa

Multibagger :



Sesa Goa is largest iron ore exporter private sector company.

With rising Iron ore demand and prices in international market Sesa Goa will
became major beneficiery with expected revision of 45% to 50%.

Also the company has very high iron ore reserves which can last upto 18-20 years.
The company is currently trading at 8x FY08 which is fairly discounted to its global
peers. Investment is advisable in this stock for expected return of 40 to 45 percent
over a period of 9 to 12 months.

fairly best bet

Multibagger stocks are those who are capable of offering returns which are much higher than its costs.They are not meant for every investor. Those who are willing to take high risk and have good patience should invest in them. It is quite difficult to identify multibagger stocks.