Mumbai: Since September 2024, the stock market is going through a period of turmoil. The continuous decline of stock value has led to huge concern amongst the investors as the portfolios have seen a huge decline. The stocks which turned out to be multibaggers in 2024, have been continuously falling in 2025.
The shareholders of Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam Limited (RVNL), Suzlon Energy and Indian Renewable Energy Development Agency (IREDA) are worried as the stocks have significantly fallen from their all time high. The investors are eagerly waiting to see when these shares will again show signs of upward movement. In this article, let us know what the experts have to say on the three multibagger stocks.
IRFC share price target
Commenting on IRFC, Research Analyst Manas Jaiswal said that the stock is trying to make a bottom and this effort is being made around the moving average of Rs 100, if it goes above Rs 130 then the short term bottom will be confirmed. He advised investors to hold the stock and maintain the Stop Loss below Rs 115.
Will RVNL share rise? Expert views
Giving his views on RVNL, Jaiswal said that the pattern of railway PSU stock also looks almost similar to that of IRFC. Investors can position the Stop Loss below Rs 324. If this stock goes above Rs 400 then it can increase to the levels of Rs 460-480. RVNL shares have risen more than 12 per cent in the last five days. Recently the company bagged a big order.
IREDA share price target
Jaiswal advised IREDA shareholders to average if the stock crosses the level of Rs 180. Multiple resistances are seen in the stock around Rs 175 to Rs 180. Therefore, make fresh purchases or average above Rs 180, he said. He advised the Stop Loss to be placed at Rs 144.
Will Suzlon share rise?
The expert advised Suzlon Energy shareholders to maintain the Stop Loss below Rs 46. There is a resistance on the upside at the level of Rs 60. If it crosses the level of 60, then it can go up to Rs 66-70. Suzlon shares have risen in the last five days.
Research Analyst Manas Jaiswal gave his expert views on multibagger stocks including – Rail Vikas Nigam Limited (RVNL), Suzlon Energy, Indian Renewable Energy Development Agency (IREDA) and Indian Railway Finance Corporation (IRFC). Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
