{"id":316425,"date":"2026-10-19T12:25:51","date_gmt":"2026-10-19T06:55:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=316425"},"modified":"2026-10-19T12:25:51","modified_gmt":"2026-10-19T06:55:51","slug":"odisha-based-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/odisha-based-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Odisha-based Stocks to Watch for Future Multibagger Potential: NALCO, Paradeep Phosphates and IMFA"},"content":{"rendered":"

NALCO Rs 324.25. Paradeep Phosphates Rs 147.16. IMFA Rs 1,179.80. Market caps from Rs 6,456 crore to Rs 58,974 crore. Data as of 16 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

NALCO, Paradeep Phosphates and IMFA are the 3 picks in this Odisha-based stocks watchlist, with market caps between Rs 6,456 crore and Rs 58,974 crore. NALCO stands out for the highest return on equity at 26.83%, while Paradeep Phosphates offers the fastest profit growth, 25.75% a year since FY22. PE ratios run from 8.74 to 14.22, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n

Odisha-based stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. NALCO, Paradeep Phosphates and IMFA meet that test, with market caps from Rs 6,456 crore to Rs 58,974 crore and NALCO offering the highest return on equity at 26.83%. Odisha’s mineral wealth supports an aluminium maker, a ferro alloys producer and a fertiliser company headquartered in Bhubaneswar.<\/p>\n

This list covers listed companies headquartered in Bhubaneswar, Odisha, with complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening Odisha-based stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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