Multibagger Stocks
Beyond Valuations: Philip Fisher's timeless guide to quality stock investing
Legendary investor Philip Fisher championed a qualitative approach to stock picking, emphasizing exceptional businesses with strong management and durable competitive advantages. His 15-point checklist, still relevant today, guides investors to look beyond numbers, focusing on long-term growth potential, innovation, financial strength, and, crucially, management integrity. Fisher's philosophy stresses that identifying outstanding companies and holding them for the long haul is key to building lasting wealth.
Broader market winners! How investors found 15 multibaggers in a muted Nifty year?
Despite a subdued Nifty, several Indian stocks have surged, becoming multibaggers for investors. This outperformance is attributed to resilient corporate earnings, particularly in small and mid-cap segments, and company-specific growth drivers. While near-term challenges like rising costs and potential earnings downgrades exist, the overall FY27 outlook remains manageable, with easing geopolitical tensions expected to aid recovery. Investors are advised to focus on fundamentals over momentum.
Mind Over Money | Tracking a tiger or a multibagger? Discipline wins both, says Arunasset’s Arun Patel
In this edition of Mind Over Money, he shares how lessons from the wild have shaped his investment philosophy and why the best opportunities are often found by those willing to persevere.
Missed the FII U-turn? 6 stocks turned multibagger after foreign investors corrected their mistake
Foreign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Consumer Care led the pack with a 265% surge after FIIs significantly increased their stake. Other beneficiaries include Acutaas Chemicals, SML Mahindra, Dee Development Engineers, United Foodbrands, and RateGain Travel Technologies, all witnessing substantial gains following FII re-entry. This shift highlights smart money's strategic course correction.
Multibagger Paras Defence shares rocket 28% in just 3 sessions. What’s behind the stellar rise?
Paras Defence shares surged 28% in three sessions, extending a strong rally driven by optimism around India’s expanding defence manufacturing ecosystem. Rising domestic production, growing exports, institutional interest and expectations of sustained defence spending have strengthened sentiment around the sector and boosted investor confidence.
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?
GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.
Behind India's Rs 5.5 lakh crore FII selloff lies a hidden list of 84 multibagger winners
Foreign institutional investors have sold Indian stocks worth Rs 5.5 lakh crore. However, a hidden list reveals 84 stocks where FIIs have actually increased their holdings. These companies have delivered multibagger returns over two years. Experts suggest this indicates a rotation of funds, not a complete exit from India. Investors are advised to accumulate stocks for future gains.
MTAR Technologies shares surge 5%, deliver multibagger returns of 138% in just 3 months
MTAR Technologies shares surged to a fresh 52-week high, extending a remarkable 138% rally in three months. Strong international order wins, upgraded FY27 revenue guidance of over 80%, robust earnings growth, and expanding opportunities in clean energy, aerospace, nuclear, and oil & gas have fueled investor enthusiasm.
Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?
Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.
ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer business
At first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A newer aluminium-led segment has overtaken its older safety-linked segment. EV-linked sales have started showing up, and management says content per EV can be higher than ICE in some products. Yet, investors should not ignore the fine print. Exports are still small, customer concentration is high, and raw material pass-through can affect reported margins. This is not just a growth story. It is a story of mix, discipline, and transition risk.
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defence
Some auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, and it brings most of the revenue. The second bucket is the transition layer, where the company is trying to build more powertrain-neutral and EV-linked exposure. The third bucket is the diversification layer. In FY26, the old bucket was still around 70% of revenue, with the newer buckets forming the rest. So, business is more balanced than before, but not yet transformed. For investors, the key questions are mix change, order conversion, capex efficiency, working capital, and whether newer revenue can scale without weakening returns.
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a year
The stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle it supplies is set to keep climbing. Electric cars barely dent its core, because what it makes is needed whether a vehicle burns fuel or runs on a battery.
ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrong
PPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, profit booking and reactionary decisions, while exiting only for capital needs, mistakes, fraud, structural disruption, extreme valuations or better opportunities.
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakes
On paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction business is EV-resistant, which is rare and valuable. But customer concentration, a zeroed-out JV, related-party activities, and a new untested commodities trading bet complicate the picture. This is a story of two companies sharing one ticker.
HFCL shares soar 17% in two days, rally 170% in 2026. Should you buy, sell or hold?
HFCL shares have surged 17% in two days and an impressive 170% in 2026, driven by strong earnings recovery, major defence orders and growing demand for optical fibre amid the global AI boom. Analysts say the stock remains a high-risk, high-reward bet, with sustainability hinging on order momentum and execution strength.
Quote of the Day: Robert Kirby on patience, courage and beating the market
Legendary investor Robert Kirby stresses that beating the market demands perspective, patience, and courage. These qualities are crucial for navigating market cycles and volatility. Long-term wealth creation depends on emotional discipline and consistency. Investors must focus on the journey, not just opportunities.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in a year. Analysts are now evaluating which stock offers better future prospects. Both companies operate in a booming defence sector with strong order books and growth potential.
As doomsday predictions become routine, India's forgotten smallcaps dole out 7 multibaggers in just 60 days
India's smallcap stocks have staged a remarkable comeback, delivering multibagger returns in just two months. Many beaten-down companies have surged significantly after the March market correction. This rally is driven by improving risk appetite, stabilizing crude oil prices, and strong quarterly earnings. Domestic investors are returning to selective buying, reigniting interest in this segment.
Apollo Micro Systems shares rally 40% in 7 days to hit fresh record high. Should you buy?
Apollo Micro Systems shares continued their strong rally, rising nearly 40% in seven trading sessions after the company announced its Q4 FY2026 results.
Multibagger Apollo Micro Systems shares soar 13%, up 33% in May alone. What are charts saying?
Apollo Micro Systems shares surged to an intraday high of Rs 400, extending a sharp rally fueled by robust Q4 FY26 results. The company reported a 163% jump in net profit and an 81% increase in revenue. Technicals indicate a strong bullish momentum with a breakout above key resistance.
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?
It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single customer contributes over 90% of standalone revenue. In FY25, the standalone business declined about 5%, but consolidated numbers improved because of a subsidiary growing in wind energy, defence, and aerospace composites. The question for investors: Can anchor-customer concentration genuinely reduce, and will the subsidiary provide a different earnings engine?
Apollo Micro Systems shares rally 22% in 3 days after strong Q4 results. Should you buy?
Apollo Micro Systems shares surged 22% in three sessions after reporting a strong January-March quarter for FY26. The defence player's net profit jumped 163% YoY to Rs 36.8 crore, with revenue up 81% YoY. The company achieved record revenue and profitability in FY26, marking a breakthrough year.
GE Vernova T&D emerges as top BSE Power multibagger with 164% returns; should investors buy now?
GE Vernova T&D India has emerged as the top multibagger in the BSE Power index, with its shares surging 164% over the past year amid strong summer demand and robust earnings. The stock is trading near its 52-week high after the company reported an 89% YoY rise in Q4 net profit to Rs 352 crore.
Apollo Micro Systems shares rally 7% after Q4 profit surges 163% YoY
Shares of Apollo Micro Systems surged over 7% after the defence company reported strong Q4FY26 earnings, driven by sharp growth in profit and revenue. The company also highlighted a healthy order book and expansion plans, including acquisitions and UAV manufacturing, strengthening investor confidence amid sustained bullish momentum in the stock.
Multibagger Apollo Micro Systems shares soar 19% in two sessions. What’s behind the sharp rise?
Apollo Micro Systems shares surged to a record high. The defence firm reported a 163% jump in Q4 net profit and 81% revenue growth. Full-year profit rose 90% and revenue increased 61%. The company's order book stands at Rs 1,432 crore. Managing Director called FY26 a breakthrough year driven by acquisitions and new licenses.
Rs 1 lakh turned to Rs 21 crore! Do you own these 11 penny stocks that delivered over 10,000% returns?
Eleven penny stocks have delivered over 10,000% returns since May 2021, transforming Rs 1 lakh into over Rs 21 crore for some investors. These rallies were fueled by sectors like power, defence, and infrastructure, alongside a surge in retail participation. However, experts caution about the extreme risks associated with these volatile, thinly traded stocks.
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillary
This is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, generates surplus cash, and has demonstrated longevity across economic cycles. An anomaly because its entire commercial existence is structured around one buyer, who also happens to be its promoter. The company has adapted through multiple transitions, from diesel to CNG and now to EV. But the deeper question is whether the relationship with its dominant promoter-customer is a moat or a ceiling.
Multibagger MTAR Technologies shares rally 10% after raising FY27 guidance; Q4 net profit surges 223% YoY
MTAR Technologies shares surged after the company reported a significant 223% jump in fourth-quarter net profit, driven by robust revenue growth of 67%. The precision engineering firm also raised its FY27 revenue growth guidance to over 80%, citing capacity expansions and strong order books across clean energy, nuclear, and aerospace sectors.
2026 multibagger MTAR Tech shares soar 18% in two days. What’s triggering the sharp surge?
MTAR Technologies shares surged to a record high after securing a significant Rs 2,279 crore international order. The company also raised its FY27 revenue growth guidance to over 80%, driven by expansions in clean energy, nuclear, and aerospace segments. This follows robust Q4 earnings and a strong full-year performance.
Sensex to hit 3 lakh by 2036? Raamdeo Agrawal says India is the 'Ferrari' among markets, here's why
Motilal Oswal Financial Services Chairman Raamdeo Agrawal said India remains one of the world’s best markets for long-term wealth creation despite global uncertainties and AI-led shifts. Speaking at the Groww India Investor Festival 2026, he highlighted India’s strong compounding story, rising financialisation and potential for generating multibagger stocks.
Beyond Nifty: The 10 smallcap stocks that doubled investor wealth in the first 25 sessions of FY27
Indian smallcap stocks are delivering impressive returns early in FY27. Over ten stocks have doubled investor wealth in just 25 sessions. This surge is driven by genuine earnings growth, with many companies exceeding expectations. While the Nifty shows modest gains, these smaller companies are benefiting from domestic capex and infrastructure spending. Investors are finding opportunities in these selective stocks.
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting story
Most auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit that narrative. This company’s automotive products are at ICE risk, yes. But it has spent the last few years moving into engine agnostic areas. This is a company in controlled transformation. The control part is what investors are watching carefully.
From 7 paise stocks to Rs 8,000 crore companies: How 18 penny stocks turned into small and midcap multibaggers
Some Indian penny stocks have delivered exceptional returns. At least 18 companies, once trading below Rs 20, have grown to market capitalizations between Rs 3,000 crore and Rs 12,000 crore. This transformation occurred over the last five years. Sectoral tailwinds and improved business fundamentals fueled this growth.
In a sea of red, how a smallcap defence company delivered multibagger returns this year
Despite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallcap defence company's rally is driven by its critical role in the global clean energy and AI infrastructure supply chain, particularly its partnership with Bloom Energy. Analysts anticipate significant order inflows from this collaboration, though valuation concerns are emerging.
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enough
For over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to Mahindra. The trouble is: Crankshafts are irrelevant in a battery EV. The company says the EV impact on its heavy-duty components is limited because trucks, tractors, and off-highway vehicles will not electrify as quickly as passenger cars. This is the story of a highly profitable forging company with a nearly 30% EBITDA margin, which is embarking on a fresh capex plan.
Volatile market? 12 penny stocks that outperformed the market with up to 400% return in 6 months
Despite a struggling broader market, several penny stocks delivered exceptional returns, with some surging over 400% in just six months. These low-priced stocks significantly outperformed benchmark indices, driven by speculative interest and a shift towards higher-risk, higher-return segments by domestic investors seeking quick gains amidst global uncertainty.
One multibagger stock a day! That's the average of what D-Street got in last 2 years
Tata Teleservices (Maharashtra) topped the charts of multibagger stocks with a rise of 8,327 per cent in the last two years. The scrip surged Rs 167.7 on March 25, 2022 from Rs 1.99 on March 24, 2020.
SBI Life Q4 Results: Profit falls marginally to Rs 805 crore; net premium income rises 16% YoY
SBI Life Q4 results: SBI Life reported a marginal 1% decline in Q4 standalone profit to Rs 805 crore, despite a 16% YoY rise in net premium income to Rs 27,684 crore. The insurer maintained leadership in the private market with strong growth in Individual New Business Premium and protection-led offerings, while persistency ratios improved.
Vedanta demerger a buy 1 get 4 offer: What is the last day to buy, and when will new stocks list?
Vedanta’s long-awaited demerger kicks in with May 1 as the record date and April 30 as the ex-date, determining investor eligibility. Shareholders will receive four new stocks for every Vedanta share held. Listing of the demerged entities is expected within 4–8 weeks, subject to regulatory approvals.
How to identify future multibagger stocks? Here's a 3-step process
For a stock to turn multibagger, the company has to consistently grow its earnings at a high rate and has to achieve the same without deteriorating its returns on capital employed.
Pahalgam anniversary: How the 2025 terror attack triggered Rs 3 lakh crore defence boom and created 3 multibagger stocks
One year after the Pahalgam terror attack, India’s defence sector has entered a major upcycle, adding Rs 2.9 lakh crore in market cap as the Nifty India Defence Index gained 37%. Stocks like MTAR Technologies, Apollo Micro Systems, and Data Patterns turned multibaggers, supported by record FY26 procurement approvals worth Rs 9.3 lakh crore.
Kashmir tourism struggles a year after Pahalgam attack as occupancies remain below 50%
Kashmir's tourism sector is struggling to recover a year after a terror attack, with hotel occupancies significantly lower than previous years. While booking queries are increasing, industry leaders are urging government support and a focus on safety to rebuild traveler confidence and attract visitors back to the valley.
Adani Power eclipses Adani Ports to becomes Group’s most valuable stock with m-cap Rs 3.99 lakh crore
Adani Power Limited surged nearly 5% on Monday to hit fresh 52-week high, becoming the most valuable Adani Group firm. The company, with a ₹3.99 lakh crore m-cap, surpassed Adani Ports and Special Economic Zone. Strong stock momentum, new subsidiary formation, and reaffirmed ratings supported investor sentiment on the Street.
After delivering many multibagger stocks, will this sector continue to impress?
JM Financial says Deepak Nitrite is its top bet in the chemicals sector as despite its inherent cost advantages for its upcoming phenol derivative products and strong entry barriers, it is currently trading at a significant discount to its peers.
Multibagger Stocks 2021: Up to 2,750% return! 221 smallcaps doubled money. Check full list
Shares of ad-tech company Brightcom Group, with clients such as Airtel, British Airways, Coca-Cola, Hyundai Motors and ICICI Bank, leapt 2,755 per cent to Rs 195.3 from Rs 6.84 at the end of December 2020.
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?
Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. Bears argue that 86.8% of revenue still comes from automotive products tied to a market in transition. That exports are only 7-9%, and that real EV penetration in India is uneven. Both views have merit. The deeper question is whether the integrated entity earns a re-rating or remains a high-quality compounder.
It's raining multibaggers! 190 stocks rally up to 2,400% in FY22
Digital marketing solutions firm Brightcom Group, backed by veteran investor Shankar Sharma, topped the list with a whopping 2,360 per cent rise. The stock jumped to Rs 97.4 on March 31, 2022 from Rs 3.96 on March 31, 2021.
7 multibagger stocks that FIIs are hoarding in 2025. Are you missing out?
Foreign institutional investors (FIIs) are actively increasing their investments in seven smallcap stocks. These stocks have already delivered significant returns in 2025. Force Motors and SML Isuzu are among the top picks. FIIs are also raising stakes in Mangalore Chemicals, Camlin Fine Sciences, Gabriel India, Suven Life Sciences, and Axiscades Technologies.
135% upside target! Is this smallcap stock a multibagger in making?
The stock is undervalued, said ICICI Securities, which has a price target of Rs 563.
A boring exercise can help you spot multibaggers like Bajaj Finance early
So, how can one decide if a company can be the next big multibagger?
15 multibaggers of 2021 jump up to 47% so far this year. Can they rise further?
Adani Transmission soared 37 per cent this year after zooming 295.89 per cent last year. This is even as the company reported a 40 per cent drop in December quarter profit. Key brokerages do not track this stock.
These 75 stocks defied war crisis to rally up to 150% in 2 months
According to data from Ace Equity, shares of Chennai Petroleum Corporation have rallied the most. The scrip has zoomed 149 per cent to Rs 238.3 on April 22 from Rs 95.7 on February 24. It is followed by Adani Power, which has jumped more than 133 per cent as the Adani Group stock jumped to Rs 259.2, its new 52-week high on April 22.
Multibagger stocks: 9 FII sweethearts rally up to 533% in 1 year. Time to buy?
An analysis of stocks with a market capitalisation of over Rs 500 crore shows that FIIs have raised their bets in these 9 multibaggers that have rallied up to 533% in the last one year.
Multibaggers! Six stocks that have outperformed so far in 2022 despite selloff
The list is topped by Adani Group's power arm, Adani Power, which has zoomed 181 per cent since the beginning of the year. The scrip has rallied to Rs 280.3 by the end of April from its close at Rs 99.75 on December 31, 2021.
Multibagger IPOs: 15 debutants that delivered up to 300% return in 2021
The Rs 100 crore IPO by Nureca rewarded investors the most, with a return of up to 323 per cent over the issue price of Rs 400. The company's share sale offer was subscribed 40 times and it had listed at a premium of 59 per cent.
Stock Screener: 14 multibagger stocks with consistently high profit margins
An analysis of all BSE-listed companies with a market capitalisation of at least Rs 1,000 crore shows that there are at least 70 companies which reported PAT (profit after tax) margin of at least 25% in all the last four quarters. Out of them, we have filtered out 14 stocks that have given multibagger returns in the last one year.
This multibagger stock slumps over 4% after Q2 results
Balaji Amines is a multibagger stock with a three-year return of over 800%. Nevertheless, in the last one year, the stock has been a laggard with a negative return of over 22%.
Adani Power shares zoom nearly 40% in just 13 sessions. Should you book profits now?
Adani Power Limited shares have surged nearly 40% in 13 sessions, driven by strong momentum and rising power demand outlook. Analysts suggest holding positions amid bullish trends, while cautioning that overbought signals could trigger near-term consolidation, making dips potential buying opportunities rather than immediate profit-booking triggers.
This multibagger debutant is 25% below its 52-week high. Should you buy it?
The stock hit a 52-week high of Rs 2,316.60 in early October, a rally of 480 per cent over its issue price to Rs 400.
It's raining money! 88% of all BSE stocks are up, 20% turn multibagger from March lows
Out of the 3,708 stocks traded on BSE, a vast majority of 3,245 or 88% have given positive returns from the lows of March 20 till December-end. When it came to multibaggers, the list went up to 736 which means every 5th stock has doubled money.
20,000% gain! This multibagger stock has turned Rs 10,000 into Rs 20 lakh in 20 years
According to the shareholding pattern available with the exchanges, promoters own majority of the stake at 60.64%, while the rest of 39% lies with the public shareholders.
Suzlon Energy shares rally 20% in one month: Here's why it is an 'unintended beneficiary' of Iran-US war
Suzlon Energy shares have surged 20% in a month as rising power demand and reduced gas and hydro output amid the Iran-US conflict boost wind energy’s relevance. JM Financial sees the company as an unintended beneficiary, citing strong evening demand, improved execution outlook, and over 30% upside potential.
Over 1400% return in 10 years! This multibagger has more room to rally
CCL Products (India) reported a standalone profit of Rs 65.6 crore for the March quarter. The company had posted a profit of Rs 100 crore during the corresponding quarter of the previous financial year.
Multibagger factory broken! India's stock doubling machine produces just 10 winners in 2025
After a blockbuster 2024, Dalal Street's multibagger engine has lost steam in 2025. Though benchmark indices have bounced back, only 10 stocks with over Rs 1,000 crore market cap have doubled in value so far. Leaders like GHV Infra and RRP Semiconductor are still soaring, but several others are showing signs of fatigue, signalling a tougher road ahead for investors.
Multibagger tracker: Up 270% YTD, this stock just got 50% upside target
The brokerage said the stock is trading at a reasonable P/E multiple of 20 times FY24 compared with 42.1 times for Navin Fluorine and 27.5 times for SRF.
From 6X gains in 2024 to bear market pain in 2025. Is this smallcap multibagger stock a buy now?
Shares of smallcap multibagger Shakti Pumps India, known for solar pumps and EV motors, is currently experiencing a market correction. Despite a recent dip, institutional investors are showing strong support. A ₹292 crore QIP was raised to fund a new solar cell plant. Experts highlight Shakti's dominance in the PM Kusum Yojana and diversification into EV motors.
Smallcap multibagger stock announces 1:2 bonus share issue
The board of the company unanimously considered and approved the bonus share issue and as part of it 5,78,18,115 equity shares will be issued
Dolly Khanna adds a multibagger and a smallcap in March quarter. Check details
Ace investor Dolly Khanna added two new stocks to her portfolio in the March quarter, picking up stakes in Chennai Petroleum Corporation and multibagger Sharda Cropchem. Both stocks delivered strong one-year returns, with Sharda Cropchem surging 119%. Khanna now publicly holds 11 stocks worth over Rs 459 crore.
Can stocks with PE above 100 make you richer with multibagger returns? Check out historical data
Out of the 45 stocks (with a market capitalisation of over Rs 500 crore) which had TTM PE multiples of over 100 a year ago, only 20 of them have given negative returns in the last one year. In fact, three of them - Zen Technologies, PTC Industries and Premier Explosives - have gone on to deliver multibagger returns and remain in the high PE zone even today.
Up 160% in a year! Is there more steam left in this multibagger smallcap?
GHCL has outperformed peers including Deepak Nitrite, which gained over 44.6%, and Tata Chemicals, which added 28.7%, in the last year.
Multibagger Meter: 86 stocks hit jackpot in 2022, but that’s only one-fourth of 2021
A count of multibagger stocks with a market capitalisation of over Rs 500 crore shows that the number of stocks that at least doubled investor wealth in a given calendar year were 135 in 2020 and 336 in 2021. The pre-Covid years of 2018 and 2019 rewarded investors with only 19 multibagger stocks each.
