Adani Enterp. 2433.95↓-11.10(-0.45%)
Adani Ports 738.80↑2.20(0.30%)
Apollo Hospitals 4950.20↓-17.10(-0.34%)
Asian Paints 3199.75↓-37.50(-1.16%)
Axis Bank 950.85↑24.75(2.67%)
B P C L 356.80↓-3.25(-0.90%)
Bajaj Auto 4710.05↑40.95(0.88%)
Bajaj Finance 7043.20↑19.30(0.27%)
Bajaj Finserv 1458.90↑1.65(0.11%)
Bharti Airtel 834.50↓-2.00(-0.24%)
Britannia Inds. 4682.60↑28.45(0.61%)
Cipla 974.80↑8.95(0.93%)
Coal India 229.70↓-1.20(-0.52%)
Divi's Lab. 3462.30↓-49.30(-1.40%)
Dr Reddy's Labs 4603.55↓-6.90(-0.15%)
Eicher Motors 3673.25↓-26.15(-0.71%)
Grasim Inds 1734.50↑23.95(1.40%)
H D F C 2644.80↓-1.10(-0.04%)
HCL Technologies 1138.30↑1.25(0.11%)
HDFC Bank 1604.40↓-2.10(-0.13%)
HDFC Life Insur. 574.15↓-2.25(-0.39%)
Hero Motocorp 2870.60↓-22.05(-0.76%)
Hind. Unilever 2695.80↓-20.90(-0.77%)
Hindalco Inds. 419.70↓-1.05(-0.25%)
ICICI Bank 946.75↑8.60(0.92%)
IndusInd Bank 1301.80↑13.60(1.06%)
Infosys 1304.50↑5.50(0.42%)
ITC 440.65↓-2.75(-0.62%)
JSW Steel 712.15↑5.55(0.79%)
Kotak Mah. Bank 1924.90↓-13.85(-0.71%)
Larsen & Toubro 2268.30↑33.75(1.51%)
M & M 1395.40↑54.00(4.03%)
Maruti Suzuki 9582.10↑96.75(1.02%)
Nestle India 21834.15↓-212.30(-0.96%)
NTPC 174.10↓-0.45(-0.26%)
O N G C 155.40↑0.70(0.45%)
Power Grid Corpn 235.60↑1.00(0.43%)
Reliance Industr 2477.25↑22.05(0.90%)
SBI Life Insuran 1215.40↑12.90(1.07%)
St Bk of India 587.20↓0.00(0.00%)
Sun Pharma.Inds. 1008.75↑9.15(0.92%)
Tata Consumer 792.45↓-3.60(-0.45%)
Tata Motors 546.25↑10.35(1.93%)
Tata Steel 109.40↑1.40(1.30%)
TCS 3288.90↓-16.70(-0.51%)
Tech Mahindra 1109.35↓-13.75(-1.22%)
Titan Company 2855.70↓-5.95(-0.21%)
UltraTech Cem. 7882.00↑31.35(0.40%)
UPL 690.00↑6.65(0.97%)
Wipro 404.20↓-0.75(-0.19%)

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Some of the prominent Indian stocks that delivered over 10x total returns over a 5-year rolling period since 2000 include Westlife Foodworld, Bharti Airtel, Adani Total Gas, said the report

Puneet Wadhwa New Delhi

stock, markets, stocks, equity, shares, bse, fund, mutual fund stock picks

Web Exclusive Premium

3 min read Last Updated : Jun 05 2023 | 12:04 PM IST

Listen to This Article

Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined ‘10-baggers’ – stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades.

Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.

“These Indian 10-baggers within the NSE 500 baseket are the largest proportion of multibaggers among the 10 markets (versus 30 per cent/20