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Top Multibagger Stocks Of the Last Decade – High-growth stocks and their journey. provide more content about this topic
What Is a Multibagger Stock?
A multibagger is a stock that gives returns of more than 100% (2x or more). These stocks multiply investors’ capital and are typically identified through strong growth potential, market leadership, and sound management.
Top Multibagger Stocks
Tanla Platforms
Ltd.
Aarti Industr ie
Adani Enterp r-ises
Deepa k Nitrite
Bajaj Financ e
Tanla Platforms Ltd. 10-Year Return: ~17,000%+
Then (2014): Stock Price ~₹5 📈 Now (2024): Stock Price ~₹850+
Who They Are - Founded in 1999 and headquartered in Hyderabad, Tanla Platforms Ltd. started as a modest SMS solutions provider. Over time, the company transformed itself into a cutting-edge player in the cloud communication space—offering secure, scalable platforms for messaging, voice, OTP verification, and business communications.
Adani Enterprises Ltd. 10-Year Return: ~6,000%+
Then (2014): Share Price ~₹100 Now (2024): Share Price ~₹6,000+
Business at a Glance Adani Enterprises Ltd. (AEL) is the flagship company of the Adani Group, led by Gautam Adani. It operates as an incubator, nurturing new businesses across infrastructure, energy, logistics, airports, and green hydrogen—many of which have later been demerged and listed independently (like Adani Green, Adani Ports, and Adani Wilmar).
Deepak Nitrite Ltd. 10-Year Return: ~5,000%+
2014 Share Price: ~₹20 2024 Share Price: ~₹1,000+
Company Profile Founded in 1970 and headquartered in Vadodara, Gujarat, Deepak Nitrite Ltd. is a leading player in India's chemical manufacturing space. The company operates across multiple verticals—basic chemicals, performance products, fine & specialty chemicals, and phenolics— serving industries like pharmaceuticals, agrochemicals, dyes, paints, and electronics.
Bajaj Finance Ltd. 10-Year Return: ~3,500%+
2014: ₹100–₹120 range 📅 2024–25: ₹4,000+
Journey to Market Leadership - Bajaj Finance, a subsidiary of Bajaj Finserv, has become a flag-bearer of India’s retail lending revolution. Its early entry into consumer durable financing (like EMI-based smartphone and appliance loans) gave it massive brand recall among India’s rising middle class.
Aarti Industries Ltd 10-Year Return: ~2,000%+
2014 Share Price: ₹70–₹80 📅 2024–25 Share Price: ₹1,400+
Journey of Structured Growth – Aarti Industries has evolved from a niche chemical maker into a global supplier of high-value specialty chemicals, used across industries like pharmaceuticals, agrochemicals, polymers, pigments, and dyes.
