Looking to make quick money, can also be a sure way to lose money. Wealth many say is generated over a longer period of time. Nonetheless, if you have a penchant for risks than shares should be the way to go.
But, there are some stocks that can be make or break, which have fallen off the cliff in the past few months. Should the market recover they have the potential to generate good returns as well, which could be much faster than the broad markets.
Take a look at some stocks like that. We wish to clarify that we are not suggesting to buy these stocks. We are merely saying that there is high risk and high reward.
Eros International Media
This company is the top distributor of Bollywood films. In fact, the stock has crashed and the story behind the crash is also like a bollywood film story, which would be too long to narrate. The shares have crashed from a 52-week high of Rs 650 to the current price of Rs 158.
It all began with a twitter post claiming that the UAE sales of the company are not legitimate. This led Wells Fargo & Co. analysts raising questions about the company's growing business and thereafter the company strongly refuting charges. Ever since the damage on the stock has been done.
But many analysts are now saying the fall is overdone. They are betting on Eros Now's focus on building a digital streaming. According to the parent companies website, the group has aggregated rights to over 2,300 films in our library, plus approximately 700 additional films for which they hold digital rights only.
There is a huge potential to monetize this, which could bring the Eros International Media stock back in focus. A high risk high reward investment bet in India.
Ask any trader and he would tell, you the best stock that would release an andrenaline rush would be Just Dial. Such has been the volatility in the stock, it could be a stock that will be a make or break for traders.
Even as we write the stock is down a whopping 8 per cent. The stock has dipped from Rs 1428 to the current price of Rs 590. The reason why it is a high risk high reward bet is that, if the new initiatives take-off, it could be a good bet. Otherwise who knows. The company's new app and an increase in work force significantly are expected to be boosters. One of the top high risk high return investment bets at the moment.
3) Kaveri Seed Company
This is again a high risk reward bet, with the stock having collapsed from Rs 1047 to Rs 398. The stock maybe a good investment bet for several reasons. One is that it is the leading player in the cotton seeds business. Second is that the government is laying a stress on improving farmer income and planning to double their income in the next 5 years. Third is that the government has launched a crop health insurance scheme for farmers and last is that if monsoons are normal, it may give a sentimental boost to the stock.
Kaveri Seed Company shares have many reasons that could make it a good high risk high reward investment bet in India.
This article is strictly for informational purposes only. It is not a solicitation to buy, sell in the securities mentioned above. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates and the author of this article do not accept culpability for losses and/or damages arising based on information in this article.