Best Performing Indian Stocks Over 14 Years
Every stock we track, ranked by its compound annual growth rate over the last 14 years. Each row shows what a ₹10.0K lump sum would actually have become — so you can see the difference between a good return and a life-changing one.
Top CAGR
52.3%
Median CAGR
18.6%
₹10K → KEI
₹36.23L
Stocks Ranked
298
Compare a different holding period
The same stock can look outstanding over one horizon and ordinary over another, because the starting date changes the answer. Switch horizons to see how the ranking reshuffles.
What the 14-year data actually shows
- KEI Industries Ltd. leads every stock we track over 14 years, compounding at 52.3% a year — turning ₹10,000 into ₹36,22,791, a 362.3× return.
- The median stock in this ranking compounded at 18.6% a year. The gap between that and the 52.3% leader is the whole argument for research: over 14 years, picking the middle of the pack produced a very different outcome from picking the top.
- The average CAGR (19.2%) sits above the median (18.6%), which means a small number of exceptional performers are pulling the average up rather than gains being spread evenly.
- 288 of 298 stocks (97%) delivered a positive return over 14 years; the remaining 10 did not recover their starting price.
- Annualised returns across the ranking span 52.3% down to -13.3%. That spread — not the average — is what an investor actually lives with when they hold a single stock.
The Rankings
Top 50 stocks by 14 years CAGR
Ranked highest to lowest by compound annual growth rate. The ₹10,000 column shows what a single lump-sum investment made 14 years ago would be worth today, on a total-return basis — dividends and splits included.
- 52.3%View 14 years returns for KEI Industries Ltd.
Total Return
36127.9%
₹10,000 Became
₹36,22,791
- 2UNO Minda Ltd.
UNOMINDA
47.6%View 14 years returns for UNO Minda Ltd.Total Return
23340.1%
₹10,000 Became
₹23,44,007
- 3JBM Auto Ltd.
JBMA
47.5%View 14 years returns for JBM Auto Ltd.Total Return
23023.5%
₹10,000 Became
₹23,12,350
- 4Neuland Laboratories Ltd.
NEULANDLAB
46.7%View 14 years returns for Neuland Laboratories Ltd.Total Return
21259.0%
₹10,000 Became
₹21,35,896
- 5Navin Fluorine International Ltd.
NAVINFLUOR
44.8%View 14 years returns for Navin Fluorine International Ltd.Total Return
17850.6%
₹10,000 Became
₹17,95,060
- 6Apar Industries Ltd.
APARINDS
44.5%View 14 years returns for Apar Industries Ltd.Total Return
17234.2%
₹10,000 Became
₹17,33,419
- 7APL Apollo Tubes Ltd.
APLAPOLLO
44.2%View 14 years returns for APL Apollo Tubes Ltd.Total Return
16715.2%
₹10,000 Became
₹16,81,523
- 8Adani Enterprises Ltd.
ADANIENT
43.1%View 14 years returns for Adani Enterprises Ltd.Total Return
15007.3%
₹10,000 Became
₹15,10,730
- 9Aegis Logistics Ltd.
AEGISLOG
41.4%View 14 years returns for Aegis Logistics Ltd.Total Return
12735.3%
₹10,000 Became
₹12,83,530
- 10TVS Motor Company Ltd.
TVSMOTOR
41.1%View 14 years returns for TVS Motor Company Ltd.Total Return
12388.0%
₹10,000 Became
₹12,48,801
- 11Deepak Nitrite Ltd.
DEEPAKNTR
40.7%View 14 years returns for Deepak Nitrite Ltd.Total Return
11899.6%
₹10,000 Became
₹11,99,959
- 12LT Foods Ltd.
LTFOODS
40.7%View 14 years returns for LT Foods Ltd.Total Return
11826.1%
₹10,000 Became
₹11,92,607
- 13Bajaj Finance Ltd.
BAJFINANCE
39.9%View 14 years returns for Bajaj Finance Ltd.Total Return
10982.7%
₹10,000 Became
₹11,08,273
- 14Solar Industries India Ltd.
SOLARINDS
39.9%View 14 years returns for Solar Industries India Ltd.Total Return
10901.6%
₹10,000 Became
₹11,00,162
- 15K.P.R. Mill Ltd.
KPRMILL
39.4%View 14 years returns for K.P.R. Mill Ltd.Total Return
10418.0%
₹10,000 Became
₹10,51,804
- 16Olectra Greentech Ltd.
OLECTRA
38.4%View 14 years returns for Olectra Greentech Ltd.Total Return
9375.7%
₹10,000 Became
₹9,47,574
- 17J.B. Chemicals & Pharmaceuticals Ltd.
JBCHEPHARM
37.4%View 14 years returns for J.B. Chemicals & Pharmaceuticals Ltd.Total Return
8442.0%
₹10,000 Became
₹8,54,202
- 18Persistent Systems Ltd.
PERSISTENT
35.8%View 14 years returns for Persistent Systems Ltd.Total Return
7194.8%
₹10,000 Became
₹7,29,480
- 19Sonata Software Ltd.
SONATSOFTW
35.7%View 14 years returns for Sonata Software Ltd.Total Return
7072.5%
₹10,000 Became
₹7,17,248
- 20SRF Ltd.
SRF
35.6%View 14 years returns for SRF Ltd.Total Return
7015.5%
₹10,000 Became
₹7,11,545
- 21Saregama India Ltd
SAREGAMA
35.3%View 14 years returns for Saregama India LtdTotal Return
6793.4%
₹10,000 Became
₹6,89,338
- 22Gabriel India Ltd.
GABRIEL
35.0%View 14 years returns for Gabriel India Ltd.Total Return
6568.7%
₹10,000 Became
₹6,66,874
- 23Astral Ltd.
ASTRAL
34.8%View 14 years returns for Astral Ltd.Total Return
6445.0%
₹10,000 Became
₹6,54,500
- 34.5%View 14 years returns for Action Construction Equipment Ltd.
Total Return
6280.7%
₹10,000 Became
₹6,38,070
- 25Granules India Ltd.
GRANULES
33.8%View 14 years returns for Granules India Ltd.Total Return
5802.0%
₹10,000 Became
₹5,90,195
- 26Cemindia Projects Ltd.
CEMPRO
33.6%View 14 years returns for Cemindia Projects Ltd.Total Return
5696.0%
₹10,000 Became
₹5,79,597
- 27Escorts Kubota Ltd.
ESCORTS
33.1%View 14 years returns for Escorts Kubota Ltd.Total Return
5371.5%
₹10,000 Became
₹5,47,153
- 28Ajanta Pharmaceuticals Ltd.
AJANTPHARM
33.0%View 14 years returns for Ajanta Pharmaceuticals Ltd.Total Return
5351.2%
₹10,000 Became
₹5,45,118
- 32.7%View 14 years returns for Transformers And Rectifiers (India) Ltd.
Total Return
5156.6%
₹10,000 Became
₹5,25,660
- 32.7%View 14 years returns for CCL Products (I) Ltd.
Total Return
5152.6%
₹10,000 Became
₹5,25,265
- 31HBL Engineering Ltd.
HBLENGINE
32.6%View 14 years returns for HBL Engineering Ltd.Total Return
5082.7%
₹10,000 Became
₹5,18,265
- 3232.4%View 14 years returns for Sarda Energy and Minerals Ltd.
Total Return
5017.2%
₹10,000 Became
₹5,11,715
- 33Poly Medicure Ltd.
POLYMED
32.4%View 14 years returns for Poly Medicure Ltd.Total Return
5003.4%
₹10,000 Became
₹5,10,338
- 34Can Fin Homes Ltd.
CANFINHOME
32.1%View 14 years returns for Can Fin Homes Ltd.Total Return
4842.6%
₹10,000 Became
₹4,94,259
- 31.9%View 14 years returns for Cholamandalam Investment and Finance Company Ltd.
Total Return
4745.0%
₹10,000 Became
₹4,84,499
- 3631.9%View 14 years returns for PCBL Chemical Ltd.
Total Return
4722.6%
₹10,000 Became
₹4,82,262
- 37Coforge Ltd.
COFORGE
31.8%View 14 years returns for Coforge Ltd.Total Return
4663.5%
₹10,000 Became
₹4,76,349
- 38Radico Khaitan Ltd
RADICO
31.5%View 14 years returns for Radico Khaitan LtdTotal Return
4551.7%
₹10,000 Became
₹4,65,173
- 39Welspun Living Ltd.
WELSPUNLIV
30.9%View 14 years returns for Welspun Living Ltd.Total Return
4237.5%
₹10,000 Became
₹4,33,745
- 40Eicher Motors Ltd.
EICHERMOT
30.5%View 14 years returns for Eicher Motors Ltd.Total Return
4049.9%
₹10,000 Became
₹4,14,991
- 30.5%View 14 years returns for Bharat Electronics Ltd.
Total Return
4043.9%
₹10,000 Became
₹4,14,387
- 42Tata Elxsi Ltd.
TATAELXSI
30.2%View 14 years returns for Tata Elxsi Ltd.Total Return
3927.0%
₹10,000 Became
₹4,02,704
- 43Finolex Cables Ltd.
FINCABLES
30.1%View 14 years returns for Finolex Cables Ltd.Total Return
3896.9%
₹10,000 Became
₹3,99,687
- 44Supreme Petrochem Ltd.
SPLPETRO
30.0%View 14 years returns for Supreme Petrochem Ltd.Total Return
3861.8%
₹10,000 Became
₹3,96,181
- 4529.6%View 14 years returns for PG Electroplast Ltd.
Total Return
3682.6%
₹10,000 Became
₹3,78,258
- 46Trident Ltd.
TRIDENT
29.6%View 14 years returns for Trident Ltd.Total Return
3665.3%
₹10,000 Became
₹3,76,530
- 47Aarti Industries Ltd.
AARTIIND
29.2%View 14 years returns for Aarti Industries Ltd.Total Return
3519.7%
₹10,000 Became
₹3,61,974
- 48Ceat Ltd.
CEATLTD
29.2%View 14 years returns for Ceat Ltd.Total Return
3499.5%
₹10,000 Became
₹3,59,946
- 49Torrent Pharmaceuticals Ltd.
TORNTPHARM
28.9%View 14 years returns for Torrent Pharmaceuticals Ltd.Total Return
3386.4%
₹10,000 Became
₹3,48,644
- 50Anant Raj Ltd.
ANANTRAJ
28.8%View 14 years returns for Anant Raj Ltd.Total Return
3380.7%
₹10,000 Became
₹3,48,066
How This Is Calculated
Reading this ranking properly
CAGR, not total return
Stocks are ranked by compound annual growth rate — the steady yearly rate that would produce the same result. It makes a 14-year record comparable to any other horizon.
Total return, before costs
Dividends and stock splits are included — the ranking is computed on the adjusted closing price, not the quoted one. Demergers are not credited, and brokerage and taxes are excluded, so real outcomes would be a little lower.
Survivors only
This ranks companies in today's Nifty 500 universe. Businesses that delisted or collapsed over the period are not here — a bias worth remembering when reading any long-term ranking.
Full definitions, worked examples, and the limitations we know about are on our Methodology page.
Continue Your Research
Where to go from here
Rankings are a starting point. These pages help you understand why a company performed the way it did.
Explore By Sector
Top performers by sector
Long-term winners cluster in particular industries. Browse the companies we track sector by sector.
HELP CENTER
14 Years stock returns — common questions
Everything you need to know about this page and the data presented.
Which Indian stock performed best over the last 14 years?+
KEI Industries Ltd. (KEI) tops this ranking with a 52.3% compound annual growth rate over 14 years. ₹10,000 invested at the start of that period would be worth ₹36,22,791 today. This is a historical result, not a prediction or a recommendation to buy.
How are these 14-year rankings calculated?+
We take the adjusted closing price 14 years ago and today's adjusted closing price for every stock in the Nifty 500 universe, calculate the compound annual growth rate (CAGR) between them, and sort the results highest to lowest. The adjusted price folds in dividends and stock splits, so these are total returns rather than price-only returns. They exclude brokerage and taxes, and they do not credit demergers. You can read the full calculation on our Methodology page.
How many 14 years multibaggers are in this list?+
155 of the 298 stocks ranked here multiplied invested money at least ten times over 14 years — ₹10,000 becoming ₹1,00,000 or more, and 15 of them reached a hundredfold. Bear in mind this universe is today's Nifty 500, so every company that delisted or collapsed over the period is absent — a list of past multibaggers is assembled from the survivors by construction.
Does a high past CAGR mean the stock will keep performing?+
No. A high historical CAGR tells you what a business and its share price already did — it carries no information about what happens next. Companies that compounded quickly often did so from a low base, in a favourable cycle, or after a re-rating that cannot repeat indefinitely. Treat this ranking as a starting point for research into why a company performed as it did, not as a shortlist to buy.
Why does changing the time period change the ranking so much?+
Because the start date changes. A stock that crashed four years ago and recovered will look outstanding over a 3-year window and mediocre over a 10-year one — same company, same prices, different question. This is why we publish every horizon from 1 to 20 years separately rather than picking one and calling it "the" ranking.
What would ₹10,000 have become in these stocks?+
The ₹10K Value column shows exactly that for every stock in the table, based on its total return — price movement plus dividends — over 14 years. At the top of the ranking, KEI Industries Ltd. would have turned ₹10,000 into ₹36,22,791. Every stock page on ReturnScreener carries the same simulation across every horizon.
Is this investment advice?+
No. ReturnScreener is an educational research platform, not a SEBI-registered investment advisor. We publish historical data and analysis only — we do not recommend buying or selling any security, and we never publish price targets. Please do your own research or consult a registered advisor before investing.
ReturnScreener is an educational research platform and is not a SEBI-registered investment advisor. This ranking presents historical price performance only and is not a recommendation to buy or sell any security. Past performance does not guarantee future results. See our Disclaimer for full terms.