Multibaggers
Which Indian stocks actually multiplied money
“Multibagger” is one of the most-searched words in Indian investing and almost always appears attached to a prediction. These pages do the opposite: they count what already happened. Every company we track, sorted by the multiple it reached and by how long it needed to get there — with the survivorship problem stated rather than hidden.
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Multibagger stocks — common questions
Everything you need to know about this page and the data presented.
What is a multibagger stock?+
A stock that returned some multiple of the money put into it — a "ten-bagger" turned ₹1 into ₹10. The term is Peter Lynch's. It describes an outcome after the fact, not a category you can identify in advance, which is the single most important thing to understand about any list like this one.
How is the multiple calculated?+
From the dividend-adjusted closing price at the start and end of each period, so dividends count as reinvested rather than being ignored. A stock appears on a board at the SHORTEST period in which it cleared that multiple, across 1, 3, 5, 10, 15 and 20 years.
Why rank by multiple rather than by CAGR?+
They answer different questions. CAGR annualises, which makes different holding periods comparable and is what our Top Stocks boards use. A multiple is the raw outcome — what the money became — and it is how people actually think about a long hold. Both are on this site; neither is more correct.
Does this list have survivorship bias?+
Yes, and severely. The universe is today's Nifty 500, so it contains the companies that grew into the index and excludes every business that delisted, collapsed or was absorbed on the way. Any list of past multibaggers is assembled from the winners by construction. Read it as "these outcomes survived", not as "this is what a portfolio would have returned".
Is this investment advice?+
No. ReturnScreener is an educational research platform and is not a SEBI-registered investment adviser. We publish historical records only — no recommendations, no price targets, no predictions.
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Other ways to read the same history
ReturnScreener is an educational research platform and is not a SEBI-registered investment adviser. These are records of historical price movement, not recommendations and not predictions. Past performance does not guarantee future returns. See our methodology and disclaimer.