12 Small cap stocks which can change your life

 In the stocks market, everyone comes for earning multibagger returns but only 1% to 2% investors earn multiple returns into the stocks market because most of the investors does panic when market goes down. Indian stock market has given multibagger returns in the past 4 years and making new life time highs. Now, It is very difficult to find out new multibagger stocks in the small cap segment because if profit booking will come in to the Indian stock market then Small cap & Midcap stocks will crack down badly.

In today article, we have tried our level best to find out the stocks having still potential for giving multibagger returns and Investors should accumulate those stocks at lower levels if profit booking comes. We will advice to all investors don’t jump in to the stocks which we will recommend on our website because Indian stock market is trading at very higher valuations. Moreover, Israel & Iran war has threatened everyone. Any bad news will give freedom to big investors for booking profit into the stock market. It is better to keep an eye on these stocks and try to find out best price for giving place those stocks into your portfolio as a long term investment.

List of the Small cap stocks which can give multibagger returns in 2024 and in the coming years:

1. The Federal Bank Ltd. (Pvt Bank) – CMP: 152.35 (Very slow mover, only for long term investors)
2. Varun Beverages Ltd. (Non-alcoholic Beverages) – CMP: 1405 (Buy only after Profit Booking)
3. CCL Products (India) Ltd. (Tea & Coffee) - CMP:  571.50rs (Buy after Profit Booking 10% to 15%)
4. Quick Heal Technologies: CMP 465 (Bit Risky, Buy at lower levels)
5. Welspun Enterprises (Good Company, Buy if profit booking come into the stock)
6. PTC India Financial Services (Risky but Company has potential for giving good returns)
7. ITD Cementation India (Accumulate at lower levels)
8. Som Distilleries Breweries: cmp 307.75 (accumulate into small parts)
9. Cochin Shipyard Ltd: CMP: 1103.85 ( Trading at higher valuations, Accumulate at lower levels)
10. Engineers India Ltd: CMP 210.35 ( Slow mover, Previously we had recommended around 68rs on our website)
11. Saksoft ltd: CMP 282.65 (Accumulate at lower levels) 
12. Aditya Brila fashion & retail: CMP 232.50 ( Start Accumulate this stock)

Also Read: Aditya birla fashion & Retail multibagger stock Idea 2024

List of Stocks Investors should avoid new buying in 2024:

Small cap stocks in the Indian stock market those had given Multibagger returns to investors:

There are some stocks which has already given multibagger returns and trading above their valuations. So Investors should stay Alert in these stocks. Always invest into the stocks having value. As per our calculation, below mentioned stocks are trading above their valuations and investors should book the profit in all these stocks or new investors should not invest in these stocks. Traders can trade in these stocks with strict stoplosses because these kinds of stocks can show momentum in any direction.  In the last 3 to 4 quarters, these stocks have performed really well but who knows when big investors will start taking exit from these stocks?

1. Control Print ( Highly Overvalued, Avoid New buying)
2. Gravita India (Highly overvalued, Avoid new Buying)
3. KDDL Ltd (Highly overvalued, Avoid new Buying)
4.  Kilburn Engineering (Highly overvalued, Avoid new Buying)
5. KSolves India Overvalues, (Avoid new Buying)
6. Apar Industries (Highly overvalued, Avoid new Buying)
7. Sky Gold (Avoid new Buying)
8. Jindal SAW Ltd (Highly Over valued)
9.  Olectra Greentech Ltd (Overvalued, New based stock)
10. JBM Auto Ltd (Overvalued, Avoid New Buying)
11.  Kaynes Technology India Ltd (Highly Overvalued)
12.  Ircon International Ltd (Overvalued)
13.  Welspun Corp Ltd (Overvalued, but can trade in this stock)
14. Birlasoft Ltd ( News Based Stock, Not for Investment)