Sushil Kedia, founder of Kedianomics, has discussed several stocks, which can give multibagger returns in 2 to 2.5 years. According to Sushil Kedia, this stock will be beneficial in future.
According to Sushil Kedia, Imagicaaworld Entertainment Ltd stock is now showing buy signals. The stock rose more than 5% to close at 51.4 on Tuesday. He believes that once it crosses the 55 level, the signal for the stock will be stronger. He also said that in the next 2 to 2.5 years this stock can be sold for Rs 500. This means, the stock can go up almost 10 times more from here.
He clearly stated that the 10 times target should not be estimated. However, the possibility should be kept open for this level. This means, investors can enter this stock for good returns and if they hold for long-term, can expect returns of up to 10x.
Sushil Kedia also expressed confidence in BSE 500 listed tour and travel related company BLS International Services. According to him, the stock is currently trading near the 300 level and may touch the 1500 level in 2 to 2.5 years.
Currently, this stock has seen a decline. A year ago the stock was trading around the 500 level and currently it is trading near the 300 level.
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