I studied 8⃣ companies which have given multibagger return (8x/10x) in just 5/8 years.
🌠Alkyl amine
🌠Tanla platform
🌠Supreme ind.
🌠HLE glascoat
🌠TATA elxsi
🌠Balaji amines
🌠Abbott india
🌠Bharat rasayan
They all have some common things 👇
1⃣ low market cap - 5/8 years ago they all have low market cap less then 5000 CR
2⃣ Low debt - their debt are low or manageable
Debt/equity < 1
Intrest coverage ratio>3.5
3️⃣ good cash flow -
Free cash flow 10 year > 0
Free cash flow 5years > 0
4⃣ good return on equity - their ROE >25%
And also good ROE track record from last 5 years