5 Multibagger Stocks That Have Soared Over 100% in 2025
Antara Bhattacharyya
Tata Elxsi: Tata Elxsi surged with strong demand in design and digital engineering, delivering massive shareholder returns in 2025.
Suzlon Energy: Suzlon Energy gained momentum from renewable energy policies, doubling investors’ wealth as wind power adoption accelerated globally in 2025.
IRFC (Indian Railway Finance Corporation): IRFC rallied over 100% with strong railway expansion, steady earnings, and government-backed infrastructure push in 2025.
Hindustan Aeronautics Limited (HAL): HAL soared on strong defense orders, indigenous aircraft production, and Make in India initiatives, making it a top multibagger of 2025.
RVNL (Rail Vikas Nigam Limited): RVNL delivered outstanding returns through large infrastructure contracts, railway modernization projects, and solid growth visibility in 2025.