NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Multibagger Stocks Delight Investors Despite Market Volatility

Nifty 500 Index Returns 13.17% Since Last Holi

The Indian stock market has navigated multiple challenges over the last year, including higher US tariffs, elevated valuations, rupee weakness, and persistent selling by overseas investors. Despite these headwinds, the Nifty 50 has gained 11% since last Holi (March 14, 2025), thanks to sustained buying by domestic institutional investors, largely mutual funds. The broader Nifty 500 delivered an even stronger return of 13.17%, with 14 index stocks achieving multibagger status during this period.

Top Performers

Read also: Expert Portfolio Manager Raja Venkatraman Names Top Investment Picks for June 4

  • Force Motors was a standout performer, with the stock surging from ₹6,944 to ₹23,380 per share, reflecting a massive 236% return.
  • Hindustan Copper shares broke multiple historic peaks, emerging as a top performer, with a 184% gain in the last year.
  • GE Vernova T&D India has remained one of investors' favourite picks, with its shares rising from ₹1,311 to ₹3,772, translating into a gain of 187%.
  • Netweb Technologies has gained 156%, despite tech stocks facing sharp selling pressure in recent months.

Other Notable Gainers

  • Multi-Commodity Exchange (MCX) has gained 150%, driven by the record-breaking surge in gold and silver prices.
  • Kirloskar Oil Engines, GMDC, Hitachi Energy India, and Data Patterns have also risen between 122% and 144%.
  • Aditya Birla Capital, Chennai Petroleum, L&T Finance, Nalco, and Laurus Labs have delivered multibagger returns in the range of 102% to 116%.

Investor Takeaway

Investors should consider domestic institutional investors' sustained buying in the Indian stock market.

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