Multibagger stocks are equity shares of a company that generate returns multiple times higher than its associated cost of acquisition. These stocks were first invented by Peter Lynch, published in his book ‘One Up on Wall Street’.
Multibagger shares are issued by companies having tremendous growth potential, demonstrating sound management and production techniques. It also exhibits excellent research and development skills of a company, allowing this product to generate high demand in the market.
Recently, a book titled “Multibagger Stocks: How to Multiply Wealth in the Share Market” by best-selling author and successful investor Prasenjit Paul was launched. It was launched by popular Bengali singer-lyricist-actor-director Anindya Chatterjee.
Ending on a highly informative and enlightening note, the session concluded with zealous audience eagerly looking forward to another intellectually fascinating session.