Hidden Multibagger Stocks by Devendra (RA: INH000026488)
Open in Telegram
Disclaimer: I am a SEBI Registered Research Analyst (RA: INH000026488). All stocks, market updates, and investment-related information shared in this channel are strictly for educational and informational purposes only.
Show more9 922
Subscribers
+424 hours
+197 days
+4830 days
Posts Archive
"Acutaas Chemicals Limited" was given in our premium channel at ₹900 in October 2024, when the bear phase had begun. We selected this stock because it had not participated in the 2023–24 bull run — one of our key criteria for identifying potential multibaggers. Such stocks often have a higher probability of delivering outsized returns in the next bull cycle.
To generate multibagger returns, patience is essential. We have been holding this stock since October 2024. Please remember — even 4 to 5 true multibagger stocks in your portfolio can create substantial wealth, provided you have meaningful allocation to them.
The stock has since surged from ₹900 to ₹2,295, delivering an impressive 155% gain during the bear phase. 🚀📈💰
The list of pharma sector stocks with high relative strength during this market crash was shared earlier —many of those stocks are now outperforming the broader market. 📈💊🔥
" Axiscades Technologies " Multibagger stock strong recovery...hit 5% upper circuit..🚀
" Acutaas Chemicals " Multibagger stock fired..🚀
I have repeatedly said to look for stocks that are falling less during this market crash and showing strong relative strength, as this indicates that big players are accumulating them.💥💥
"MTAR Technologies," which is linked to the U.S. data center theme, is showing strong recovery....🚀
"Acutaas Chemicals Limited " is showing strong relative strength during the current market crash, which may indicate its potential to become a multibagger in the next bull run. 🚀
You will now see a clear tussle between DIIs and FIIs. FIIs want to push the market lower to make valuations more attractive, while DIIs—sitting on large cash due to strong SIP inflows—are deploying money to support the market and lift the index.
If the market had corrected to attractive valuation levels earlier, we would likely have already witnessed a strong bull run. However, continuous DII buying kept valuations elevated for a long time. Only after aggressive FII selling that has brought valuations down, they are still not very attractive—especially in the Nifty 50.
If the market recovers from current levels without a proper correction, the rally may be slow . Strong V-shaped recoveries usually occur only after deeper declines that reset valuations meaningfully.
Large SIP inflows have provided constant support to the market, preventing sharp corrections. Keep one important point in mind: when markets are at attractive valuation levels, the chances of creating substantial long-term wealth are much higher.
Conversely, when valuations remain high, it becomes difficult to generate even modest profits.🚀
FIIs have continued their aggressive selling primarily due to elevated market valuations. The war only acted as a trigger for the sell-off — the underlying reality is that FIIs had been waiting for nearly 10 months for Indian markets to correct to more attractive valuation levels. During this period, they were consistently selling, but strong buying by DIIs prevented the Nifty from correcting meaningfully.
In my earlier posts, I repeatedly mentioned that FIIs were unhappy with the way DIIs were supporting and effectively “propping up” the index. Such artificial support can distort price discovery and eventually lead to a sharper correction. When valuations remained stretched despite continuous FII outflows, they were left with no choice but to intensify their selling.
Many people may think that I have changed my view on the Nifty 50 target based on recent post, but I remain confident that the Nifty 50 is likely to find its bottom in the range of 23,000 ± 500.
But Personally, I would prefer the market to fall further so that valuations become truly attractive, with the Nifty 50 P/E ratio @ 18–19 zone. However, achieving such levels may be difficult because DIIs currently have substantial capital. Continuous inflows through SIP mean that DII keep deploying money into the market every day, even in the face of aggressive FII selling.
In my view, the Nifty 50 is likely to fall below the 22,000 level only if aggressive FII selling continues. If FII selling slows , DIIs could quickly pull the index higher again due to steady domestic liquidity. This remains the key concern.
We are already near the 23,000 zone — in my opinion, this is a golden opportunity for the market to correct another 1,000–2,000 points, which could reset valuations and lay the foundation for the next major bull run. However, persistent domestic inflows may not allow such a deep correction.
When valuations remain stretched, future returns tend to be muted.
Therefore, instead of blaming global events or political figures for poor returns, investors should understand the role of valuations. If markets remain expensive, strong gains become difficult to achieve.
To truly understand this bear market, one must first understand the psychology of FIIs — what they want and why they sell. By studying their behavior, we can better anticipate major market moves. For the past two months, I have consistently stated that the market would likely crash before the start of a new bull run. The logic behind this prediction is simple: when valuations remain high for too long, FIIs eventually force a correction.
I also advised against investing in gold and silver, as I believe the Indian equity market could outperform in 2026.
I had mentioned a year ago that 2025 would be a bear market and that this phase could end between January and March 2026. Currently, we appear to be in a strong bottom-formation process in March 2026.
As corporate earnings improve from the Q4 results onward, the market could witness a sharp rally. However, I still expect a deeper correction in March 26 to make valuations more attractive. My only concern is that DIIs may preventing a full and healthy correction.
While many investors are panicking during this fall, I am actually happy, because deep corrections near the end of a bear phase often precede the biggest rallies. Historically, major wealth is created during bull cycles .
We use such bull markets to build long-term wealth, because during bear phases it is difficult to generate even small profits .
Traders often fail to make consistent profits because they are satisfied with small gains during bull markets, only to lose them during bear phases. Therefore, the focus should be on long-term wealth creation during strong bull runs rather than chasing small, short-term profits.
💥Stocks showing strong relative strength in this market crash suggest that informed investors and institutions are quietly accumulating them for potential future growth. Focus on such stocks. 💥
Some examples currently displaying notable strength:
👉Kirloskar Oil Engines Limited
👉Acutaas Chemicals
👉SEAMEC Limited
👉Aeroflex Industries Limited
👉Valiant Communications Limited
👉Quality Power Electrical Equipments
👉Aether Industries Limited
👉Sai Life Sciences Limited
👉Venus Remedies Limited
👉Kwality Pharmaceuticals Limited
"Acutaas Chemicals Limited" is showing strong relative strength in this market crash.🚀
Please remember: Stocks that demonstrate high relative strength during a market decline — meaning they fall much less than the broader market — are often the ones that outperform in the next bull run. 🚀🚀
🐻 Bear markets don’t destroy wealth — they create it.
This is the phase where future millionaires quietly build their fortunes while everyone else is panicking.
To create real, lasting wealth in the Indian stock market, you need only three things:
☑️ Courage — The strength to hold your winning stocks when fear is everywhere and the crowd is dumping quality at any price.
🔥 Liquidity — Cash in hand. Because the biggest opportunities come suddenly… and only those with money available can seize them.
⚡️ Conviction in Quality — The ability to identify fundamentally strong businesses and buy them aggressively when there is “blood on the streets.”
💡 Bull markets make you feel rich.
🐻 Bear markets make you rich.
While the herd runs for safety, smart investors accumulate quietly — because they know that today’s panic prices become tomorrow’s multibagger returns. 🚀
Market bottom formation is likely to take place throughout this month. In the current scenario, DIIs may try to pull the index upward because of strong SIP inflows, while FIIs appear to be pushing it downward. Personally, I believe the market should correct further. It may cause short-term pain, but it can create once-in-a-lifetime wealth-creation opportunities .
One of the major reasons our market has not corrected properly is the continuous high SIP inflow. Because of this, valuations have remained elevated, and investors have seen no meaningful returns over the past 10 months, you have already experienced a boring bear market.
Do you want a prolonged sideways market, or do you want powerful wealth creation? If the goal is long-term wealth , then a deeper correction is actually healthy. An attractive valuation zone would be when the Nifty 50 PE falls to around 18–19. If that happens, 2026 could witness a strong bull phase and significant wealth creation . So pray for more correction in the market.🚀.
" Atlanta Electricals "— a hidden new high-voltage transformer stock — is showing strong resilience during this market crash. 🚀
"Quality Power Electrical Equipments" is demonstrating strong resilience during this market crash and looks like a potential multibagger. The power transmission sector could deliver significant multibagger returns in the next bull market. 🚀
Only four or five multibagger stocks are enough to create substantial wealth, provided your allocation to these stocks is adequate. 💥💥
Please remember: if valuations are not truly attractive, meaningful wealth creation from the stock market becomes difficult. A bull run that begins at high valuations tends to be short-lived, and once valuations become expensive again, the market enters another bear phase with little or no returns.
Therefore, my personal expectation is that the market should correct further to reach genuinely attractive valuations. At a time when most global markets are trading at high valuations, if the Indian market becomes relatively cheaper, FIIs could return very aggressively — and that would mark the real wealth-creation phase.
We believe in long-term wealth creation in the stock market, like legendary investors such as Rakesh Jhunjhunwala, Dolly Khanna, and Vijay Kedia. We are not excited by short-term gains of 15–20% often highlighted on social media, because such gains are usually wiped out during bear markets.
Think differently in this market instead of following outdated conventional thinking. True wealth is created through patience, discipline, and buying when valuations are genuinely attractive — not by chasing short-term momentum.
💥Big Corrections Create Big Wealth — Why Elevated Valuations Forced a Brutal Market Reset- Stop Blaming War — Look at the Valuations💥
Many people believe that FIIs are selling aggressively only because of the war, but that is not entirely correct. From the very beginning, I have maintained that FIIs are uncomfortable with the Nifty 50 being kept artificially near its all-time highs. On several occasions, the index declined to around 24,600, but DIIs pushed it back toward 26,200.
Why did this keep happening? The primary reason was strong SIP inflows. High SIP flows gave DIIs significant firepower to support the index through selective buying. Meanwhile, FIIs had been waiting for nearly 10 months for the Indian market to correct and reach more attractive valuations compared to other emerging markets. However, they grew increasingly frustrated because the index was not allowed to fall meaningfully.
Eventually, the war provided a trigger — or opportunity — for FIIs to sell aggressively and bring valuations down to more reasonable levels. If DIIs had not supported the Nifty 50 and had allowed it to fall below 24,000 — as I had repeatedly suggested — such a sharp decline might not have occurred.
In fact, if the Nifty 50 had traded in the 23,000–24,000 range over the past six months, we likely would not have witnessed such heavy selling by FIIs.
So who is truly responsible for this sharp correction? In my view, excessive SIP inflows played a major role. Most people are focused only on war-related news, while very few are discussing the underlying structural reasons behind the aggressive FII selling.
Please understand: continuous index support kept Nifty 50 valuations elevated, while FIIs were waiting for more attractive entry levels. The only way to achieve that was through aggressive selling — sooner or later. It has happened now because of the war, but even without the war, the correction would likely have occurred eventually. The difference is that the bear market might have lasted longer instead of falling sharply within a short period.
A market decline was necessary to bring valuations to attractive levels. Without that, no sustainable bull run can begin — something I have emphasized many times. If the war had not occurred, some other global event would likely have triggered the fall. Without attractive valuations, a true bull market cannot start.
Do not be misled by the social media narrative that the market has fallen only because of the war. The market needed to correct due to high valuations — there was no alternative. I clearly stated this in my recent YouTube videos even before the war began.
Now the Nifty 50 has corrected to around 23,000. However, I am concerned that DIIs may once again push the index higher. At this stage, valuations are still not very attractive (around 20.2). Personally, I expect the market to correct further before a strong and sustainable bull run can begin. I am not predicting that the Nifty will fall below 22,000, but I would prefer a deeper correction because only then can we expect multibagger returns.
Since the Nifty has already reached the 23,000 level, it would be beneficial if it declines further and the Nifty P/E moves toward the 18–19 range. Once the market recovers from higher levels, such attractive valuations may not be available again, as DIIs are likely to support the index. If the market corrects further from here, it could create a once-in-a-lifetime wealth-creation opportunity.
Any decline in our portfolio is temporary unless losses are booked. If you are holding fundamentally strong stocks, it is not a real loss. During the COVID crash of 2020, portfolios also fell sharply, but most recovered within just 3–4 months as the market staged a V-shaped recovery, followed by a long bull run.
