BS Number Wise: How common are ten-baggers in Indian markets?

Legendary fund manager Peter Lynch has said that his best bets have typically taken ‘three years to ten years or more’ to win big. He is the man who popularized the term ten-bagger, or a stock that grows to ten times its original value. An investment of Rs.10 lakh in such a stock would grow to Rs.1 crore.

As Indian stock markets hit all-time highs, Business Standard looked at how often such winners are to be found. The analysis shows that at least a dozen companies (or securities) grew to ten-bagger levels or more in every year of the last