Pearl Global Industries Limited @ 150.85

1. Pearl Global Industries Limited is a 10 rupee face value readymade garment company.

Security ID: PGIL Group / Index: B Face value: 10.00 Security Code: 532808 ISIN: INE940H01014 Industry: Readymade garment Apparels & Accessories company. 

Short Brief of Company Business: - PGIL is one of the India’s largest listed garment exporter, manufacturing from multiple sourcing countries within South Asia. 

As a preferred long-term vendor to the most leading global brand is located at all the strategic locations in the world with Man & Machines, including India (North and South), Bangladesh and Indonesia. 

And PGIL is expanding more frequently than ever. 

India Units:- 

Pearl Global Industries Limited, Gurgaon 

Pearl Global Industries Limited, Chennai 

Pearl Global Industries Limited, Bangalore 

Bangladesh Units:-

Norp Knit 1, Dhaka 

Norp Knit 2, Dhaka 

Indonesia Unit:-

PT Pinnacle 

2. Year high of Pearl Global Industries Limited is 257.70 year low was 110.00 and stock traded at 150.85, Year high/ low ratio is below 2.

If you read above research terms or my book, then you may know that generally, I like a stock which year high/low ratio is below two but if stock recently give a positive result then this ratio is acceptable till 2.5 

PGIL March 2017 earning rise from 185.59 Cr (Dec16) to 328.62 Cr(March 2017) net profit also rises from 0.10 Cr to 8.14 Cr. So due to this good result year high/low acceptable till 2.5. 

One of my followers wrote that why I compare the quarterly result with the earlier quarter he wrote my method is wrong if I compare March 17 earning with Dec 16 earning then it is wrong If March 2017 earning will compare with March 2016 earning then it is right method.

Do not worry company earning is continue in uptrend since last 3 year see balance sheets here:-, 

(in Cr.)	2017	2016	2015	2014	2013
Income Statement
Revenue	857.85	768.19	623.99	663.45	557.69
Other Income	36.69	32.68	27.82	22.05	14.30
Total Income	894.54	800.87	651.82	685.50	571.99
Expenditure	-873.08	-758.62	-610.08	-644.90	-543.23
Interest	--	-13.51	-16.61	-17.35	-14.65
PBDT	10.24	28.74	25.12	23.25	14.11
Depreciation	--	-10.02	-9.95	-7.78	-10.08
PBT	10.24	18.73	15.17	15.47	4.03
Tax	-1.51	-5.41	-4.96	-0.75	-0.14
Net Profit	8.74	13.32	10.22	14.72	3.90

If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link:-

Research Terms of Mahesh Kaushik 

3. Promoters of Pearl Global Industries Limited hold 66.58%. Promoters holding is good, and promoters are not pledged any stock. 
DII also hold large quantity in PGIL, Reliance mid cap, and small cap fund, LIC etc hold this stock, I give you a link where you see DII &FII holding:-
Link for DII & FII holding

4.Pearl Global Industries Limited is a dividend paying company.

As you knew all of my fundamentals recommendations are dividend paying, so we get dividends in our holding periods.

Past Dividend History:-

EX Date	Amount ()
16 Sep 2016	0.5000
18 Mar 2016	2.5000
11 Sep 2015	2.2500
17 Sep 2014	2.0000
18 Sep 2013	1.0000
20 Aug 2008	1.5000

The company also recommended 3/- per share dividend for the year  2017 read detail here:-

Click Here To Read About 2017 Dividend

5. The base price of Pearl Global Industries Limited is 203.90, Stock traded almost 25% below from base price, and it is the best price for long term buy.
Click Here To Download Last 3 Year Price With Graph

Now you understand about my patience stock start it downside journey from the price of 282 and down till 110 and now when the stock crosses his 200 DMA and still traded above 200 DMA, So I advise this stock because now I think the downside is limited to this stock. 

6. No any bonus issue right issue and bulk deals are recorded in last two years.

7. Pearl Global Industries Limited net sale per share of FY 16-17 is 395.98. 

8. Net sale per share 395.98 is near 2.6 times higher from CMP 150.85 this is the another reason for this recommendation. 

9.The book value of Pearl Global Industries Limited is 172.71 Book value is also higher from CMP so in book value term PGIL is a value buy. 

10. Finally, I choose PGIL as long term multibaggers stock. 

11. 200 DMA of Pearl Global Industries Limited is 146.87 So at CMP 150.85 Stock traded above his 200 DMA; This is the reason why I choose this level for my recommendation. 

12. Fundamental target price of Pearl Global Industries Limited is 231.77 ( Read my book to learn how to calculate the fundamental target price of any stock.) 

13. My recent updates: - Top 100 Diversified Undervalued Indian Stocks For FY 2017-18 

My Latest Video:- 

14. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report.” The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

15.Discloser: under- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registwithSEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Pearl Global Industries Limited, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Pearl Global Industries Limited). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Pearl Global Industries Limited) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Pearl Global Industries Limited). 6. I have been not engaged in market making activity for the subject company (Pearl Global Industries Limited).

Fundamentally Strong Multibaggers Indian Stocks for 2018

This is my 5th list of Fundamentally strong Indian

multtibagger stocks for 2018.

Last Updated:-15 Jan 2018

This list is based on my fundamental analysis.

If you are a new visitor of my website, then you may read last 4 year lists from these links:-

Fundamentally Strong Multibagger Indian Stocks for 2014

Fundamentally Strong Multibagger Indian Stocks for 2015

Fundamentally Strong Multibaggers Indian Stocks for 2016

Fundamentally Strong Multibaggers Indian Stocks for 2017

Now I publish the list of Multibagger stocks for 2018.

Now I will be updated this list near about every trading week.

Why?

For a long time, my followers sent many emails and ask many time in comments that how they recognize my earlier stock calls which are still a buy or how they recognize closed calls.

So, I change the pattern of Multi baggers stocks list, and I included all of my open calls in this list so new followers who wish to join my recommendation easily recognize and invest in my open calls.

I am also included this article direct link as a new tab in my multibagger stocks sharegenius app  when you visit my app, you find a new tab name " Multibaggers Indian Stocks which connected to this article. 

(If you want to read full research report click on stock name)

Fundamental Stocks Still Open For Buy:-
1. Pearl Global Industries Ltd
2.  Fedders Electric & Engineering Ltd
3. Jindal Poly Films Ltd

4. Indraprastha Medical Corp
5. IDBI Bank
6. Bank Of Maharashtra

Fundamental Stocks Call Closed After Profit Booking:-
1.Renaissance Jewellery Ltd
2. Jindal Drilling 
3. Superhouse Ltd
Trading Stocks Still Open For Buy:-

1.Bal Pharma Ltd
2. Parag Milk Food
3. Nahar Industrial Enterprises Ltd
Trading Stocks Call Closed After Profit Booking:-
1. Elecon Engineering Company Ltd
2. Andhra Bank
3. Shakti Pump
Penny Stocks Still Open For Buy:-

1.Country Club (India) Ltd
2.Tantia Construction Ltd
3. Ruchi Infra

Penny Stocks Call Closed After Profit Booking:-
1.Genus Paper
2. Cubex Tubings
3.Jayaswal Neco Industries Ltd
Breakout Stocks (App recommendation) Still Open For Buy:-
 1. IOC @ 410
 2. Rallis India Ltd @251.05
Breakout Stocks (App recommendation) Calls Closed After Profit Booking:-

1. Wipro  @ 496 

2. Genus Power @42.50 
3.Radico Khaitan @134 
4. HT Media @82.05 
5. SJVN @33.75
6. Morepen Lab @20.95
7.Cantabil Retail India Ltd @73.85

No full research report will publish for breakout calls read this article to learn how to use my app recommendations which publish without any research report:-

How To Use My App Recommendations 

Bookmark this page for the future update or download my Sharegenius app from google play or apple app store at this link:-

Link of Sharegenius App on Google Play:-

https://play.google.com/store/apps/details?id=com.sharegenius.sharegenius
Link of Sharegenius App on Apple iTunes Store:-
https://itunes.apple.com/in/app/sharegenius-multibagger-stock/id1148538345?mt=8

For more understanding that how to invest in my recommendations please read all part of this story:-
Chandu Share Market journey with me

Or 
How Chinki Earn INR 4,73,90,45,652
Read my books, read more detail about my books here:-
Mahesh Kaushik Books (Including Free E-Books And Recommended Books)
Discloser: -I am an existing research analyst and registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014( SEBI Registration Number INH 100000908 ).
I also buy my own recommendations but as per SEBI regulation, I do not buy these securities 30 days before or after 5 days of publishing these research reports.
Please read full discloser at the bottom of each research reports which links are given above.
So all of above stocks are in my or my wife personal holdings.

Renaissance Jewellery Ltd @140.15

1. Renaissance Jewellery Ltd is a 10 rupee face value Diamond Cutting & Jewellery & Precious Metals company.

BSE Code: 532923 | NSE Code: RJL | ISIN: INE722H01016 | SECTOR: -Diamond Cutting & Jewellery & Precious Metals. 

Short Brief of Company Business: - Renaissance Jewellery Ltd. conducts this business along with its subsidiaries Renaissance Jewelry NY Inc. and Verigold Jewellery UK Ltd. It is also involved in furniture retailing through its step down subsidiary - Housefull International Ltd. (www.housefull.co.in). 

The manufacturing is spread over six state-of-the-art manufacturing sites – five in Mumbai and one in Bhavnagar, totally covering an area of over 160,000 sq. ft. that comply with international quality standards. 

The fully integrated operations continue to be technology friendly, assisting in consistent product quality. Best-in-class design and development coupled with the unprecedented scale of business allow the company to swiftly adapt to changing requirements and remain competitive business.

It includes design, manufacturing, and sales of jewelry in gold, silver, platinum, studded with polished diamonds, semi-precious and precious stones over a myriad product portfolio as rings, earrings, pendants, bracelets, necklaces, bangles, money clips, tie pins, cuff links, etc. The company's expertise straddles across all categories of studded jewellery namely Diamond Fashion, Diamond Bridal as well as Gemstone Jewellery. 

Broadly, operations encompass product development and manufacturing (in the required quality, karatage, and packing) based on orders received from customers (retailers and wholesalers). The Strong market acumen of the overseas market (especially USA) with a definite pulse on the changing demands and aesthetics make the company one of the top 3 jewellery exporters from India. 
Source:-http://www.renjewellery.com/main/renaissance.asp (Company Website)

2. Year high of Renaissance Jewellery Ltd is 164 and year low is 109 currently stock traded at 140.15, Year high/ low ratio 164/109 is below 2 ,If you read my research terms or read my book "The Winning Theory In Stock Market" then you may know that generally, I like a stock which year high/low ratio is below 2 but if stock recently give a positive result then this ratio is acceptable till 2.5 .
Renaissance Jewellery provides excellent results in Dec 16 quarter where net profit increase near 90% , You may see Dec 16 results here; - Click Here To Download Result.
If you are a new reader of my blog and not familiar with my research terms, then please read my research terms at this link:-
Research Terms of Mahesh Kaushik 
3. Promoters of Renaissance Jewellery Ltd hold 75 %stocks So good promoters holding with nil pledged stocks. 
See the full list of public shareholding including FII and DII here:-
DII & FII Holding
4.Renaissance Jewellery Ltd is a dividend paying company, All of my fundamentals recommendations are dividend paying, so you get dividends in your holding time, past dividends history of Renaissance Jewellery Ltd:- 

Dividend Declared (  )

EX Date Amount () 22 Mar 2016 2.0000 14 Sep 2015 1.0000 02 Sep 2014 1.0000 20 Aug 2013 1.0000 28 Aug 2012 1.5000 26 Aug 2011 2.0000 13 Aug 2010 2.0000 17 Aug 2009 1.5000 26 Aug 2008 1.5000

5. The base price of Renaissance Jewellery Ltd is 95.66 So Stock is traded almost 46% above from base price.
I remember that In my first book where on page 26 I told you that "If a stock has just crossed its base price in upside and traded 10-20 % higher from the base price, then I think the buying price is a value buy," 
So I knew in this case Price of 120 is a best buying price for Renaissance Jewellery but As per my 2nd book How Chandu Earned And Chinki Lost In The Stock Market this stock recently crossed his 200 DMA and closing price is exactly  5 %+ above from 200 DMA, 
This is the reason that I select this stock for my fundamental call and ignore base price rule because fundamental target price 280+ is still very higher then CMP. ( Read  the last point  of this report to learn about fundamental target price) 
6. No any bonus issue right issue and bulk deals are recorded in last 2 years.
7. Renaissance Jewellery Ltd net sale per share of FY 15-16 is 599.03. 
8. Net sale per share 599.03 is higher from CMP. This higher net sale per share increase fundamental target price of the company, so we easily ignore base price point. 
9. The book value of Renaissance Jewellery Ltd is 241.82 Book value is higher then CMP, So Renaissance Jewellery Ltd is a value buy at CMP. 
8. Finally, We can buy Renaissance Jewellery Ltd for a target of 280+, So do not worry if on Monday this stock open at a higher price due to double price target we may buy it till  200 level. 
9. 200 DMA of Renaissance Jewellery Ltd is 133.07 So at CMP 140.15 this stock recently crossed his 200 DMA and closed above 5% from 200 DMA.
 As per my 2nd book ( How Chandu Earned And Chinki Lost In The Stock Market), this price is the best price for investment and trading purpose, 
I knew some of my followers still not buy and read my 2nd book but If you read my both book then you no need to wait for my free advice you can able to select these type of stocks by your own knowledge, which is my main motto.
Links For More Details:-

1-http://amzn.to/2l3CaWS

2-http://amzn.to/2kgG5Qe

10. Fundamental target price of Renaissance Jewellery Ltd is 280.95( Read above book to learn how to calculate the fundamental target price of any stock.) So this high target 280+ is the reason why I ignore base price point in this research report but if any market fall stock available in the range of 100-120 then this price is the best price for maximum gain.
Click Here To Download Last 3 Year Closing Price With Graph
11. My recent updates: - Data Bank of 3700+ Companies 
12. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 
13.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered with SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not held any share of Renaissance Jewellery Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Renaissance Jewellery Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Renaissance Jewellery Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Renaissance Jewellery Ltd). 6. I have been not engaged in market making activity for the subject company (Renaissance Jewellery Ltd).

Superhouse Ltd @ 135.60

1. Superhouse Ltd is a 10 rupee face value footwear company stock.

Security ID: SUPERHOUSE  Group / Index: B / S&P BSE SmallCap  Face value: 10.00  Security Code: 523283  ISIN: INE712B01010  Industry: Footwear company.

Short Brief of Company Business: - Superhouse Group is a conglomeration of several companies engaged in manufacturing and export of finished leather, leather products, and textile garments. The parent company, Aminsons Leather Finishers Pvt., was incorporated as a private limited company on January 14, 1980. It was converted into a public limited company on December 22, 1984, and its name changed to Aminsons Limited on February 21, 1989. 

Five group companies - Super House Limited, Super Garments Limited, Sharp Leathers Limited, Super Footwear Limited and Allen Shoes Limited - were merged with Aminsons Limited in 1994, 1995 and 1996 as per the orders of the Hon’ble High Court of Judicature, Allahabad. The name of the company was changed to Superhouse Leathers Limited on March 4, 1996, and finally Superhouse Limited on November 10, 2006, with the approval of the Registrar of Companies, Kanpur (U.P.).

From a single tannery in the 1980’s producing finished leather, Superhouse Group has emerged as one of the largest players in the industry. We started with a commitment to excel, achieve and deliver the very best. Towards this end, we engineer, optimize and control every phase of the manufacturing process from raw material to finished products to ensure that final products are of the highest quality and also the best value for money for our clients.

The Group has four overseas companies in the UK, the U.S.A., the U.A.E., and Romania, primarily engaged in marketing and distribution of leather, leather products, and textile garments.

The group has crossed an annual turnover of Rs. 4,000 million.

The Group has 15 manufacturing units located in Kanpur, Unnao, Agra and Noida, Source:-http://www.superhouse.in/index.asp (Company Website)

2. Year high of Superhouse Ltd is 239 year low was 125 and the stock traded at 135.60, Year high/ low ratio is below 2, So the stock is stable for fresh buy.

If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link

Research Terms of Mahesh Kaushik

3. Promoters of Superhouse Ltd hold 54.88 % shares and Promoters are not pledged any stock. So this is a good sign as per my rules.  

See the full list of public shareholding including FII and DII here:-

FII &DII Holding Superhouse Ltd

4.Superhouse Ltd is a dividend paying company as you knew that most of my recommendations are dividend paying because  I do not use stop loss so if I hold any stock for a long time then I get dividends, see past Dividend history here:-

Dividend Declared (  )

EX Date Amount () 14 Sep 2016 1.5000 08 Sep 2015 1.5000 08 Sep 2014 1.5000 13 Sep 2013 1.5000 13 Sep 2012 1.5000 14 Sep 2011 1.5000 14 Sep 2010 1.2000 14 Sep 2009 1.2000 11 Sep 2008 1.0000 13 Sep 2007 0.5000

5. The base price of Superhouse Ltd is 169.41, So Superhouse traded near 20% below from base price. Many of my followers suggest me this stock since last 6 months. They email me that "Superhouse Ltd fulfill all of my criteria but that time stock traded 1 to 5% below base price, and I wait when it stable more than 15% below from base price." 

Now that price comes.

Click here to download last 3-year price with the graph.

It is possible that after my recommendation stock price may rise sharply because I have 12,000+ followers when they rush to buy at once, then the price may rise sharply. 

So I suggest that please do not hurry -up to buy just watch this stock and buy in a range of 130-160 whenever it stable. As per SEBI guidelines, I am (plus my family) also not buy my own recommendation 30 days before or 5 days after my recommnedation. 

So If price cross over 170 then do not buy and wait to stable near 150 to169

6. No any bonus issue right issue and bulk deals are recorded in last 2 years.(Source: -BSE site)

7. Superhouse Ltd net sale per share of FY 15-16 is 566.34.

8. Net sale per share 566.34 is  near 4 times high from CMP, so stock have a good chance to become multi-bagger

9. Book value of Superhouse Ltd is 236.14, So at CMP the stock is 40% below from book value, so Superhouse is a value buy.

8. Finally, I select Superhouse Ltd after a watch of 6 months. I think when peer footwear company Bata sales and profits down in Sept 2016 this company able to maintain his sales and profits and will be a multi bagger in next 1-2 years.

9. 200 DMA of Superhouse Ltd is 154.24 So at CMP 135.60 Superhouse Ltd traded below his 200 DMA and stock not technically sound for trading purpose and short term buy. 

If you check your stock price regularly and feel anxiety if your stock fall 10-20% from your buying price then do not buy this stock at CMP and wait whenever it close above his 200 DMA and if stock close above 154.24 (Remember DMA will change day by day) then buy it. This is the reason why I define a buying range 140 to 169 where 140 to 155 is for long term investors who invest only a small amount in chandu style( Read Chandu story here: -Chandu Story)

10. Fundamental target price of Superhouse Ltd is 291.56 ( Read my book to learn how to calculate the fundamental target price of any stock.)

11. My recent updates: - 

Chambal Fertilizers Ltd. 

One more important point that my earlier recommendation Indraprastha Medical also full-fill all of my stock choosing criteria and available near 52.45 so if you do not buy yet or book profit from your earlier buy then this is time to buy it again,( Discloser:- My wife hold Indraprastha Medical Corp Ltd.) read earlier research report about Indraprastha Medical here:-

Indraprastha Medical

11. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report.” The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.

12.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Superhouse Ltd, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Superhouse Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Superhouse Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Superhouse Ltd). 6. I have been not engaged in market making activity for the subject company (Superhouse Ltd).