Multibagger Watchlist India 2026
Multi-baggers share common traits: high and improving Return on Equity (ROE > 20%), reasonable valuations (P/E < 35), mid-cap size (room to grow), and strong earnings trajectory. This screen surfaces companies that match these criteria today. Remember — identifying potential is easy; the hard part is holding through volatility for the thesis to play out over 5-7 years.
Expert note: No screen can reliably predict multi-baggers. High ROE + low P/E + mid-cap size creates favorable conditions — but most stocks that look like multi-baggers on a screen don't deliver. Combine this screen with business quality research, management track record, and sector tailwinds.
| # | Company | Sector | LTP | Market Cap | P/E | ROE % |
|---|---|---|---|---|---|---|
| 1 | Angel One Limited ANGELONE | Financial Services | ₹339.35 | ₹2836.20 Cr | 22.4 | 28.4% |
| 2 | Dr. Reddy's Laboratories Limited DRREDDY | Pharma | ₹1,307.2 | ₹21478.74 Cr | 24.6 | 22.4% |
Prices as of 22 May 2026. P/E and ROE shown for top 200 companies by market cap (updated quarterly). Click any company for detailed profile, news, and 1-year chart.