In the world of investing, you must have come across the term multibagger stocks.
A multibagger stock means a stock which gives a return of more than 100% in absolute terms.
The term ‘Multibagger’ was introduced into investing by the legendary Peter Lynch in his 1988 best seller, One Up On Wall Street.
Lynch was a baseball fan and he borrowed the idea of a multibagger from baseball where 'bags' or 'bases' that a runner reaches are the measure of the success of a play.
For example, a ten bagger is a stock which gives returns equal to 10 times the investment. A twenty bagger stock gives a return of 20 times.
It’s every investor’s dream to pick the best multibagger stocks and see his/her investment multiply.
But identifying multibagger stocks is no easy task. You need a clear list of pointers by your side which can help you in the process.
Of the thousands of listed stocks out there, there are a few stocks which have given phenomenal returns. Call them the top multibagger stocks in India.
The list of winners includes Avanti Feeds, Bajaj Finance, Alkyl Amines, Deepak Nitrite, Tasty Bite Eatables, Astral Polytechnik, Bajaj Auto, Eicher Motors, among others.
These top multibagger stocks over the decade have been through economic storms, market crises and different market cycles.
Check our guide on how to find multibagger stocks to get a head start. This guide will eliminate your risks.
You can also check out multibaggers in the Indian market with Equitymaster’s multibagger stock screener.
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