Mining Multibaggers

Indian equities ended the year 2024 with a positive gain, but it wasn't as remarkable as the previous year. The benchmark index, Sensex, saw a modest rise of about 8% in the current calendar, significantly lower than the robust 19% rally it enjoyed in 2023.

While the overall market remained resilient, several of 2023's multibagger stocks faced sharp corrections in 2024. ETMarkets identified nine stocks that had delivered exceptional returns over 100% last year but have since fallen between 2o% and 50% in the ongoing year. These stocks were selected based on a market capitalization of over Rs 2,500 crore (Data Source: ACE Equity)