Multibaggers Drop

The Indian stock market has been facing a tough period recently, with the benchmark index, Sensex, losing more than 11,000 points from its peak. This downturn has had a significant impact on many stocks, particularly those that performed exceptionally well in the previous fiscal year. Several stocks that saw substantial gains in FY24 have been hit hard in FY25, as the market's sharp fall has wiped out their profits.

ETMarkets has highlighted seven such stocks that rallied over 100% last year but have now tumbled by more than 50% in the current fiscal.We concentrated only on stocks with a market capitalization above Rs 1,000 crore. (Data Source: ACE Equity)