Multibagger Stocks of 2024: More than a dozen scrips grew investors' money by 2x or 3x

New Year 2025, Top-performing Stocks of 2024: Dalal Street benchmarks staged gains of about half a per cent each on Wednesday, January 1, as the humble bull entered New Year 2025. The positive start to the year comes after the headline Nifty50 index exited 2024 with a gain of 1,913.4 points, or 8.8 per cent, in a market supported thoroughly by the broader segments. The Nifty Midcap 100 and Nifty Smallcap 100 indices each rallied 23.9 per cent in 2024, reflecting investors' keen interest in the minnows. A number of stocks showered Dalal Street bulls with phenomenal returns with more than a dozen Nifty 500 stocks at least more than doubling investors' money. In a few cases, gains of even three folds were recorded during the year.

Multibagger Shares | Here is a list of some of these blockbuster stocks in the year that was:

• KFIN Tech (217 per cent)
• Motilal Oswal Financial Services (207 per cent)
• Oracle Financial Services Software (197 per cent)
• Anant Raj (187 per cent)
• Kaynes Tech (185 per cent)
• ABB Power (183 per cent)
• Dixon Tech (173 per cent)
• PB Fintech (165 per cent)
• Godfrey Phillips India (147 per cent)
• BSE (139 per cent)
• Amber Enterprises (134 per cent)
• Trent (133 per cent)
• RVNL (132 per cent)
• Cochin Shipyard (126 per cent)
• Blue Star (126 per cent)
• Zomato (123 per cent)
• Kalyan Jewellers (116 per cent)
• Firstsource Solutions (103 per cent)
• KEC International (101 per cent)

Source: Provisional exchange data

Among these, eight-odd stocks grew investors' wealth by 2.5 times or more during this period. These stocks are: KFIN Tech, MOFSL, OFSS, Anant Raj, Kaynes Tech, ABB Power, Dixon Tech and PB Fintech.

Multibagger Stock | Motilal Oswal Financial Services

MOFSL shares grew all the way to Rs 954-odd levels from the Rs 315 mark, having gyrated in a range of more than Rs 750 during the year.

Multibagger Stock | Oracle Financial Services Software (197 per cent)

OFSS shares exited 2024 near the Rs 12,790 mark all the way from Rs 4,340-odd levels a year ago.

Multibagger Stock | Anant Raj

The stock grew to Rs 855-odd levels by the end of 2024, having begun the year around the Rs 298 mark.

Multibagger Stock | Kaynes Tech

Kaynes Tech shares closed the year near Rs 7,417 all the way from levels of Rs 2,669-odd levels a year ago.

Multibagger Stock | ABB Power

The scrip called it a day at Rs 14,412-odd levels, having started 2024 at around Rs 5,457 apiece.

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