Multibagger stock: Shares cheaper than Rs 6 will make bumper earnings, can get strong returns, experts are giving advice to buy this stock


new Delhi. If you are on the stock market (stock marketIf you are thinking of earning from ) then today we are telling you about such stocks, on which experts are kind and giving buying advice. According to market experts, these stocks can be successful in giving excellent returns in the coming days. On Friday, the domestic stock market fell by 233.48 points and closed at 57,362.20 points.

If you are looking for similar multibagger penny stocks then you Vikas Ecotech Can invest in shares of. Stock market experts have advised to buy the shares of Vikas Ecotech. If market experts are to be believed, then this penny stock is likely for the year 2022. Multibagger Penny Stocks Could be one of. This stock can go up to ₹ 11.60 per level in the short term.

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At present its price on NSE is Rs 5.82. Anuj Gupta, Vice President, IIFL Securities said, “Technically, the stock is showing a bull trade. It has broken the consolidation zone and the chart pattern is looking highly bullish. Currently, it is trading above the consolidation zone and can go up to Rs 10-12.

Investors are often on the lookout for multibagger stocks
Investors are often looking for multibagger stocks in the stock market. If even a single share touches such a hand, then the investor becomes rich. You can also try your hand at Vikas Ecotech. Market experts have not only advised to buy it, its technical chart and the fundamentals of the company are also pointing towards the tremendous performance.

Nomura Singapore buys 6.6 million shares of Vikas Ecotech in bulk deal
Another big news for the investors of Vikas Ecotech, Nomura Singapore Limited has sold 66,00,000 shares in a bulk deal on 24 March 2022 for Rs. Bought at 5.35 per share. This in itself is a big news for the investors, because when such a large investor group buys the shares of a company in bulk, then the confidence of the investors increases a lot.

Vikas Ecotech stock continues to form a triangle pattern
Manoj Dalmiya of Profitable Equities Limited says that Vikas Ecotech is close to breakout and is forming a triangle pattern. If it goes above Rs 7.30, a move can be seen in it. At the same time, support is visible for this at Rs 5. The target for this is seen at Rs 11.60, at the current level this stock should be bought with a stop loss of Rs 4 and should stay in this stock. It has the potential to become the multibagger penny stock of 2022.

Its 52 week high is Rs 6.90, the market cap of Vikas Ecotech is Rs 543.82 crore, its 52 week high is Rs 6.90, while its 52 week low is Rs 1.60. Its current trade volume is 1,50,57,543 (Shares). On Friday (25.03.2022), the stock closed at ₹ 5.82 (BSE).

(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you wish to invest in any of these, please consult a Certified Investment Advisor first. Tech for FTCP will not be responsible for any profit or loss caused by you .)

Tags: Multibagger stock, Share market, stock market, Stock Markets


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