Multibagger Penny Stocks for 2030 in India – Best Analysis

Have you come to know about Multibagger Penny Stocks for 2030? If yes, then you are at the right place. 

In this article, we will talk about some such penny stocks that can give you very good returns till 2030 i.e., multi-bagger returns. 

Well, many people have told about Multibagger penny stocks for 2030 on the internet, which is not worth knowing at all. That’s why I and my team have worked hard to collect information from which you can get better knowledge about the stocks.

Multibagger Penny Stocks for 2030   

Multibagger Penny Stocks for 2030   

Before knowing the name of the stock, we will know some information in view of what we have selected the stock. The list of Multibagger penny stocks for 2030 has been presented by keeping in mind their future plans and current financial trends. And the price of whatever stock is mentioned in it is around 100 rupees, that is, it is a small-cap stock. 

This stock has the full potential to face the upcoming challenges till 2030. Investors also believe that whatever stock has been mentioned will give you good returns, so you can invest a small amount in it. So Friends article is going to be very interesting so read it completely.

List of Multibagger Penny Stocks for 2030   

  • Gujarat Minerals Development Corporation Limited
  • Zodiac Energy Limited
  • Rail Vikas Nigam Limited
  • Trident Limited 

Gujarat Minerals Development Corporation (GMDC)

GMDC is a publicly traded company in NSE and BSE that is engaged in the business of mining and mineral exploration in India. The company is primarily engaged in the mining sector and along with the mining, GMDC is also engaged in the manufacture and sale of various mineral-based products. Gujarat Minerals Development Corporation Limited was established in 1963 and is headquartered in Ahmedabad, India. The company has mining operations in several locations in Gujarat.    

GMDC Financial Trends – In 2019, the company recorded a revenue of ₹ 1,880 Cr and a profit of ₹ 220 Cr. The following year, in 2020, revenue decreased to ₹ 1,521 Cr while profit increased to ₹ 146 Cr. However, in 2021, the company experienced a loss of ₹ -36 crore despite generating revenue of ₹ 1,343 Cr. On a positive note, the company bounced back in 2022 with a significant profit of ₹ 405 Cr, driven by a revenue of ₹ 2,732 Cr.

Also Read – GMDC Share Price Target

Zodiac Energy Limited

Zodiac Energy Limited is a penny stock that is trading around the price of 100. It is engaged in the installation and service of power generation plants. This small company has a very big client base like Amul, Honda, BSNL, ISRO, Adani, All, L&T and Parle. The company’s sales are growing at a rapid rate of 31% in the last 3 years and profit is growing at the rate of 20%. And in such growing companies, you will get returns of 2× or 3× in just 2 to 4 years.    

Zodiac Energy Limited Financial Trends – The company has demonstrated impressive financial performance over the past few years. In 2015, the company generated a revenue of 8.67 crore and a profit of 0.05 crore. The following year, in 2016, the company’s revenue surged to 9.19 crore, and its profit also increased to 0.11 crore. 

In 2017, the company continued its upward trend, earning a profit of 0.24 crore with a revenue of 16.70 crore. This impressive growth trajectory was sustained in 2022, with Zodiac Energy Limited earning a strong profit of 5.46 crore and a revenue of 143 crore.  

Rail Vikas Nigam Limited (RVNL)

This company works for railway infrastructure projects such as laying rail lines, building major bridges, and electrification. Currently, the way the Government is focusing on Railways, the share price of the company has seen growth. This stock has given more than 100% returns in the last year and will continue to do so. Same, RVNL sales growth is 24%, and profit growth is 20% which is good. So this stock can also prove to be Multibagger Penny Stocks for 2030 in India.

RVNL Financial Trends – In 2019, the company generated a revenue of 10,069 crore and a profit of 688 crore. The following year, in 2020, the company’s revenue surged to 14,531 crore, and its profit also increased to 753 crore. 
In 2021, the company continued its upward trend, earning a profit of 992 crore with a revenue of 15,404 crore. And in 2022, RVNL earned a strong profit of 1,183 crore and a revenue of 19,382 crore.  

Trident Limited

Trident Ltd. is engaged in the manufacture of yarn, cloth, and chemicals. This company is the 3rd largest manufacturer of yarn and the company makes 26% of its revenue from this sector. In this category, the company manufactures Cotton Yarn, Slub Yarn, Blended Yarn, Open Yarn etc. While the majority of the company’s revenue comes from the home textile category which accounts for 54%, the remaining 20% comes from its paper and chemical manufacturing category. 

Trident Limited Financial Trends – In 2019, the company recorded a revenue of 5,249 crore and a profit of 372 crore. The following year, in 2020, the revenue increased to 4,728 crore, and the company made a profit of 340 crore. In 2021, the revenue further increased to 4,531 crore, and the profit amounted to 304 crore. Finally, in 2022, the company achieved a significant increase in profit, recording 834 crore with a revenue of 6,998 crore. 

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Conclusion  

I hope you got to know something by reading Multibagger Penny Stocks for 2030 in India. If you think we need to improve a bit more, please let us know.

It is my pleasure if reading this blog helps you even a little bit. If you have any questions regarding this blog, then you can ask us by commenting. We will try our best to help you well, so if possible, share this article as much as possible.

FAQs

Best Penny multi-bagger stocks for the next 10 years?

There are some Penny Stocks that can be Multibagger for the next 10 years like Zodiac Energy, Trident, RVNL, etc.

How to identify multi-bagger penny stocks? 

For identifying multi-bagger penny stocks basically you need to do fundamentals and technical analysis of the stock along with this the proper knowledge of the company’s businesses can help you. You can also find multi-bagger stocks by just analyzing the future plans and present condition of the company.

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