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Which are the multibagger stocks for 2018 below Rs. 20?

Before starting all of you must consider these rules before investing these stockRules for investing in these stock is :-Don’t invest large amountsInvest only in 2-3 stocksDon’t invest and forgetBuy stocks with high volumesToday we are discuss multibagger stock of India market for upcoming years :-GMR InfraCompany Profile: GMR Infrastructure Ltd (GIL) was incorporated on May 10, 1996, in name & style of Varalakshmi Vasavi Power Projects Limited in Hyderabad, Andhra Pradesh, by Mr. G.M.Rao. On July, 2000, the name it was changed to GMR Infrastructure Ltd. • GMR is an infrastructure holding company formed to fund the capital requirements of the GMR Group’s Initiatives in the infrastructure sector. GIL is engaged in development of various infrastructure projects in Power, Road and Airport Business.Why GMR Infra ?Amidst all the challenges in power and road sector, GMR has grown its airport assets from two to five (3 operational, 2 under development) which demonstrates company’s ability to grow a high margin and positive cash flow business. Airport assets accounted for 53% of the revenues and 82% of EBITDA. Passenger traffic has grown at a 5-year CAGR of 10% and 12% at its two marquee assets – Delhi and Hyderabad respectively and combined they handle 73 mn passengers per annum.The Company’s debt has reduced from 394bn in FY16 to 228bn in H1FY18. The company entered debt restructuring agreement through SDR schemes which helped bring down leverage further. Consequently, Net Debt to EBITDA has improved from 12.3x to 6.3x.Over last 3 years, GMR has successfully divested assets worth more than 120bn across airport, power, transmission, coal mines and road sector. We believe that we have not seen last of such divestments as GMR has identified further assets which are non-core or non-strategic up for sale. This includes – Indonesian coal mines, road assets and monetization of land parcels at Kakinada and Krishnagiri SIR.The Government of India is taking every possible initiative to boost the infrastructure sector .• Announcements in Union Budget 2018-19:Rs 16,000 crore (US$2.47 billion) towards Sahaj Bijli Har Ghar Yojana (Saubhagya) scheme. The scheme aims to achieve universal household electrification in the country. •Rs 4,200 crore (US$ 648.75 billion) to increase capacity of Green Energy Corridor Project along with other wind and solar power projects. • Allocation of Rs 10,000 crore (US$ 1.55 billion) to boost telecom infrastructure.• The 90 smart cities shortlisted by the Government of India have proposed projects with investments of Rs 191,155 crore (US$ 30.02 billion) which include Projects Focusing on Revamping an Identified Area (Area Based Projects) with investment of Rs 152,500 crore (US$ 23.95 billion)6. Most focused point is holding of promoters , mutual Funds and FIIs:7. Financial and Key Ratios:GMR Infra is undergoing a Restructuring and Cash Flow Stabilisation phase and coming up towards profitability. The company has very positive Price-to-Book ratio, and it is available at a discount as compared to its peers.8. Recent Developments:GMR group would set up an aerospace and defence manufacturing hub in Hosur, about 300 kms from here, to promote production of defence equipment the region.The project is a joint venture between GMR Group and the TIDCO .Under the 'Make in India' initiative, the Centre had recently announced setting up of a Defence Industrial Production Corridor between hosur and ChennaiGMR Infra heads north after consortium wins airport project this is the second airport project whichGMR Group will be developing in Philippines along with Megawide Construction Corporation, with the consortium already operating the Mactan Cebu International airport, the second largest airport of Philippines which handles 10 million passengers annuallyRisk and concern :• Any delay in debt reduction• Any further reduction of Airport tariff• Any delay in monetization of real estate projects• Invocation of bank guarantee for Rajahmundry power project (which is under SDR)• We see short term challenges in terms of cash flow mismatch at Hold Co level and therefore asset monetization assumes imperative importance. Ability of the company to do so in the coming year will be crucial.Conclusion:If you want to create your wealth then you have to take decision wisely and take some risk for earn handsome amount of profit so i give you the matter on GMR Infra so you can decided by fellows the rules given above.Your suggestions are most welcomedHope it will help you in some extent.I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.Warren Buffett

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