Stock market investing | Risk free Bet | Indian Stocks to Make You a Millionaire
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Stock market investing | Risk free Bet

Posted By On 11:04 PM Under

1. One stock which has the potential to make you a multi millionaire is Everady Industries which is  a market leader in dry cell batteries and flashlights and does not require any introduction as each one of us has used its products in our lifetime.

2. Even in the times of recession stock is doing well and can be considered as a defensive FMCG segment stock. Moreover it has taken the route of diversification and is expanding into products like packed tea, insect repellents and compact fluorescent lamps (CFL). As thumb rule for the market historically FMCG companies trade at a substantial premium to their book value.

3. One is sure to make money with the stock in the long run as stock is presently valued at onefourth of its book value and thus one can consider the investment in the stock and is a turnaround candidate in times of recession.

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