💎 Multibagger AI

AI research briefs on NSE Expansion & Order-win announcements — verdict, deal magnitude, industry context, and the actual return since each announcement, measured from a price you could really have paid and benchmarked against the Nifty Smallcap 250 and NIFTY 50.

Auto-analysis hourly · 10:00–22:00 IST 📐 Entry = next day's open Last analysis: 22 Oct, 22:18 IST 0 in queue
Entry = the next day's open. 60% of these filings land after the 3:30 pm close or on a weekend, so we never credit ourselves a pre-news price nobody could buy.
Tested against two indices. The Nifty Smallcap 250, the fair test for stocks this size, and the NIFTY 50, over exactly the same days.
Every horizon published. 30, 60, 90 and 120 days on one fixed set of picks, weak rungs included, so no window is cherry-picked.
Important: These are AI-generated research briefs, not investment advice. Our own back-tests show this analysis does not reliably predict which stocks become multibaggers (it is best used as a research summary and a downside risk-flag). The “Return since” column is the factual market record, not a forecast. Do your own research; consult a SEBI-registered adviser before investing.
📐 How we measure returns — entry = the next trading day's OPEN Every return and α on this page is calculated from the opening price of the first trading session after the announcement, through to the latest close. We picked that entry on purpose: 60% of these filings land after the 3:30 pm close or on a weekend, so scoring them from the announcement day's own closing price would credit us with a pre-news price nobody could actually buy. The next morning's open is available to every investor equally, no matter what time the news broke — no look-ahead, no cherry-picked entry, no advantage we didn't earn.
3333
Analysed
265
Strong candidates
-7.4%
Median return (≥90d)
36%
% positive (≥90d)
-7.4%
Median alpha vs Smallcap 250 (≥90d)
38%
% beating Smallcap 250 (≥90d)
-1.3%
Median alpha vs NIFTY 50 (≥90d)
48%
% beating NIFTY 50 (≥90d)

📊 Alpha by verdict tier — live

matured picks (≥90 days), vs Smallcap 250
The verdict tiers carry the signal, not the raw score: judge each tier's average/median alpha here — computed live from every matured pick in the database, α = pick return − Nifty Smallcap 250 over the same window.

📈 Alpha distribution — Strong vs Unlikely

% of tier per α bucket
Strong (n=169) vs Unlikely (n=427) — a right-shifted green profile means Strong picks beat the smallcap index more often; tails cut both ways.

⏱️ Patience pays — same 1001 picks, four holding periods

fixed cohort · no pick enters or leaves between rows

Most platforms publish one number from one window. Here is the whole curve — the identical 1001 picks measured at 30, 60, 90 and 120 days after entry. Because the set never changes, the shape cannot be an artefact of dropping inconvenient picks. The typical pick's lead over NIFTY 50 goes from +0.7% at 30 days to +6.6% at 120 days, with 65% of the picks ahead of it. At 30 days the signal is weak (-1.9% against Smallcap 250), and we leave that on the page: an order win or a capex plan reaches reported financials only after a full earnings cycle, so a month measures the market's reflex, not the thesis.

Held for Median return % positive Median α vs NIFTY 50 % beating NIFTY 50 Median α vs Smallcap 250 % beating Smallcap 250
30 days -0.6% 48% +0.7% 53% -1.9% 42%
60 days +0.9% 52% +2.0% 58% -3.4% 41%
90 days reported above +1.9% 55% +4.9% 62% -4.1% 41%
120 days +3.4% 57% +6.6% 65% -5.5% 39%
Why we report 90 days: one quarter is one earnings cycle — the first point at which an announced order or expansion shows up in reported numbers. That reasoning was fixed before the window was chosen, and every other horizon stays published here so the choice can be checked. Cohort is small (n=1001) and drawn from one market period; α vs Smallcap 250 is the harder comparison and we show it alongside NIFTY 50 throughout.

🗺️ Sector heat map — where our Strong & Possible picks actually worked

1142 matured picks (≥90 days) across 32 sectors
lags flat leads
Sector
Both tiers
Strong
Possible
Fertilizers
9
n=1
8
Diamond Cutting / Jewellery
11
6
5
Aerospace & Defense
37
n=4
33
Residential, Commercial Projects
8
·
8
Computers - Software - Large
9
·
9
Port & Port services
16
·
16
Engineering
27
7
20
Auto Ancillaries
35
5
30
Steel - Medium / Small
27
n=2
25
Pharmaceuticals
11
n=1
10
Castings & Forgings
16
n=2
14
Chemicals
45
13
32
Mining / Minerals / Metals
22
9
13
Pharmaceuticals - Indian - Bulk Drugs & Formln
37
6
31
Diversified Commercial Services
17
·
17
Engineering - Turnkey Services
33
n=4
29
Iron & Steel Products
11
·
11
Pharmaceuticals - Indian - Formulations
11
n=2
9
Hotels
16
·
16
Healthcare
21
n=1
20
Steel - Large
24
n=1
23
Specialty Industrial Machinery
8
n=1
7
Computers - Software - Medium / Small
60
9
51
Power Generation And Supply
30
·
30
Construction
137
12
125
Finance & Investments
31
7
24
Food - Processing - Indian
16
5
11
Logistics Solution Provider
10
n=1
9
Other Electrical Equipment
17
n=4
13
Electric Equipment
50
20
30
Electronics - Components
9
n=1
8
Telecom - Infrastructure
13
n=3
10
Read the Both column first. The Strong tier is concentrated, not spread — it clusters in a few industries and is entirely absent from Power Generation, Trading, Healthcare, Hotels and Civil Construction, so most of that column is empty by nature rather than by omission. Cells under 5 matured picks show their count instead of a colour.

The grid opens on raw return, which is the money actually made — and which includes whatever the market handed us. Over these windows the median pick returned -6.4% while Nifty Smallcap 250 was rising, so most of the grid is green before any skill is counted. The two α tabs strip that out and are the harder read: against Smallcap 250 the same book sits at -6.3%, against NIFTY 50 +0.5%. Smallcap 250 is the fair comparison for names this size; NIFTY 50 flatters them. Use all three.

One more thing worth staring at: in the two sectors where Strong picks actually concentrate, Strong did worse than Possible — Electric Equipment and Construction both. Small sample and one market period, but not the direction the tier is supposed to run.

Rows are ranked by raw return and keep that order when you switch tabs rather than re-sorting, so you can see which sectors change colour. Measured entry → latest close, the same basis as the α columns in the table below — a longer and more variable window than the fixed 90-day study, so these will not match it sector for sector.
Stock Date Source Verdict Sector Score Return since α vs Smallcap α vs Nifty α vs sector Analysis
MARINE 📈 Marine Electricals (India) Limited 28 Sep 2026 Expansion Strong Candidate Electric Equipment
68/100
-3.2% ₹429.3 → ₹415.4 +2.4% -3.1% —
MANINFRA 📈 Man Infraconstruction Limited 28 Sep 2026 Expansion Possible ⚠ 10.4× revenue Construction
56/100
-16.9% ₹127.0 → ₹105.4 -11.3% -16.8% —
GODREJPROP 📈 Godrej Properties Limited 28 Sep 2026 Expansion Unlikely Construction
32/100
-6.1% ₹1666.0 → ₹1565.0 -0.5% -6.0% —
GOODLUCK 📈 Goodluck India Limited 27 Sep 2026 Expansion Strong Candidate Steel - Medium / Small
75/100
+7.4% ₹525.9 → ₹564.8 +13.4% +7.8% —
NMDC 📈 NMDC Limited 27 Sep 2026 Expansion Unlikely Mining / Minerals / Metals
38/100
-14.6% ₹80.7 → ₹68.9 -8.6% -14.2% —
Exhicon Events Media Solutions Ltd 📈 26 Sep 2026 Expansion Possible Other Consumer Services
62/100
— — — —
RPEL 📈 Raghav Productivity Enhancers Limited 26 Sep 2026 Expansion Possible Refractories / Intermediates
62/100
-3.3% ₹1689.0 → ₹1632.6 +2.7% -2.9% —
SOLEX 📈 Solex Energy Limited 26 Sep 2026 Expansion Unlikely Electric Equipment
34/100
-21.3% ₹705.2 → ₹554.9 -15.3% -20.9% —
Constronics Infra Ltd 📈 25 Sep 2026 Expansion Unlikely Trading & Distributors
32/100
— — — —
BHARATCOAL 📈 Bharat Coking Coal Limited 25 Sep 2026 Expansion Unlikely Coking Coal
22/100
-7.4% ₹32.6 → ₹30.2 -1.4% -7.0% —
SURAJEST 📈 Suraj Estate Developers Limited 25 Sep 2026 Expansion Possible Construction
62/100
-18.5% ₹225.9 → ₹184.3 -12.5% -18.1% —
SEDEMAC 📈 SEDEMAC Mechatronics Limited 25 Sep 2026 Expansion Possible Auto Components & Equipments
48/100
-10.0% ₹3445.0 → ₹3101.8 -4.0% -9.6% —
DREDGECORP 📈 Dredging Corporation of India Limited 25 Sep 2026 Expansion Unlikely Dredging
28/100
-16.5% ₹979.7 → ₹818.2 -10.5% -16.1% —
SIGNATURE 📈 Signatureglobal (India) Limited 25 Sep 2026 Expansion Possible Construction
38/100
-11.4% ₹805.0 → ₹713.2 -5.4% -11.0% —
Perfectpac Ltd 📈 25 Sep 2026 Expansion Unlikely Paper & Paper Products
24/100
— — — —
ENDURANCE 📈 Endurance Technologies Limited 25 Sep 2026 Expansion Unlikely Auto Ancillaries
36/100
-12.0% ₹2646.0 → ₹2329.7 -6.0% -11.6% —
ELLEN 📈 Ellenbarrie Industrial Gases Limited 25 Sep 2026 Expansion Possible Industrial Gases
58/100
-16.0% ₹375.4 → ₹315.3 -10.0% -15.6% —
ARIHANTSUP 📈 Arihant Superstructures Limited 25 Sep 2026 Expansion Unlikely Construction
32/100
-12.9% ₹245.0 → ₹213.4 -6.9% -12.5% —
STEAMHOUSE 📈 Steamhouse India Limited 24 Sep 2026 Expansion Possible Utilities - Regulated Gas
55/100
+10.5% ₹116.7 → ₹128.9 +18.2% +12.5% —
Suraj Industries Ltd 📈 24 Sep 2026 Expansion Possible ⚠ 3.5× revenue Breweries & Distilleries
52/100
— — — —
LASERPOWER 📈 Laser Power & Infra Limited 24 Sep 2026 Expansion Possible Electrical Equipment & Parts
58/100
-21.6% ₹276.9 → ₹217.2 -13.9% -19.6% —
RBZJEWEL 📈 RBZ Jewellers Limited 24 Sep 2026 Expansion Possible Diamond Cutting / Jewellery
60/100
+10.4% ₹172.3 → ₹190.1 +18.1% +12.4% —
LCCPROJECT 📈 LCC Projects Limited 24 Sep 2026 Expansion Unlikely Civil Construction
35/100
-17.3% ₹150.5 → ₹124.5 -9.6% -15.3% —
GATECH 📈 GACM Technologies Limited 24 Sep 2026 Expansion Unlikely Computers - Software - Medium / Small
24/100
-20.0% ₹0.7 → ₹0.6 -12.3% -18.0% —
BALAMINES 📈 Balaji Amines Limited 24 Sep 2026 Expansion Possible Chemicals
60/100
-15.2% ₹2237.0 → ₹1897.8 -7.5% -13.2% —
NGLFINE 📈 NGL Fine-Chem Limited 24 Sep 2026 Expansion Possible Pharmaceuticals - Indian - Bulk Drugs
62/100
-11.1% ₹2975.5 → ₹2646.5 -3.4% -9.1% —
Kinetic Engineering Ltd 📈 24 Sep 2026 Expansion Unlikely Auto Components & Equipments
28/100
— — — —
Exhicon Events Media Solutions Ltd 📈 24 Sep 2026 Expansion Possible Other Consumer Services
58/100
— — — —
NAVA 📈 NAVA LIMITED 24 Sep 2026 Expansion Unlikely Diversified - Large
32/100
-9.6% ₹552.2 → ₹499.4 -1.9% -7.6% —
INTERARCH 📈 Interarch Building Solutions Limited 24 Sep 2026 Expansion Possible Steel - Medium / Small
58/100
-10.8% ₹1692.3 → ₹1508.8 -3.1% -8.8% —
Lords Mark Industries Ltd 📈 24 Sep 2026 Expansion Unlikely Consulting Services
25/100
— — — —
WEBELSOLAR 📈 Websol Energy System Limited 23 Sep 2026 Expansion Possible Electric Equipment
58/100
-17.9% ₹74.5 → ₹61.2 -10.6% -16.3% —
MAXESTATES 📈 Max Estates Limited 23 Sep 2026 Expansion Possible ⚠ 13.8× revenue Construction
48/100
-20.2% ₹620.4 → ₹495.1 -12.9% -18.6% —
D & H India Ltd-$ 📈 23 Sep 2026 Expansion Unlikely Industrial Products
42/100
— — — —
EXIDEIND 📈 Exide Industries Limited 23 Sep 2026 Expansion Unlikely Auto Ancillaries
34/100
-19.3% ₹426.0 → ₹343.8 -12.0% -17.7% —
Khoobsurat Ltd 📈 23 Sep 2026 Expansion Unlikely Other Textile Products
18/100
— — — —
RAYMOND 📈 Raymond Limited 23 Sep 2026 Expansion Possible Construction
48/100
-2.6% ₹1114.7 → ₹1085.7 +4.7% -1.0% —
GRWRHITECH 📈 Garware Hi-Tech Films Limited 23 Sep 2026 Expansion Possible Packaging
62/100
+2.7% ₹6484.5 → ₹6659.5 +10.0% +4.3% —
ARVSMART 📈 Arvind SmartSpaces Limited 22 Sep 2026 Expansion Possible Construction
55/100
-5.5% ₹625.0 → ₹590.5 +2.9% -2.3% —
TRANSWORLD 📈 TRANSWORLD SHIPPING LINES LIMITED 22 Sep 2026 Expansion Unlikely Shipping
22/100
+10.7% ₹166.7 → ₹184.6 +19.1% +13.9% —
CUPID 📈 Cupid Limited 22 Sep 2026 Expansion Unlikely Personal Care - Indian
38/100
+23.4% ₹259.4 → ₹320.1 +31.8% +26.6% —
AARTIPHARM 📈 Aarti Pharmalabs Limited 22 Sep 2026 Expansion Possible Pharmaceuticals - Indian - Bulk Drugs & Formln
58/100
-6.4% ₹885.0 → ₹828.8 +2.0% -3.2% —
Ishita Drugs & Industries Ltd 📈 22 Sep 2026 Expansion Unlikely Pharmaceuticals
18/100
— — — —
Exhicon Events Media Solutions Ltd 📈 22 Sep 2026 Expansion Possible Other Consumer Services
58/100
— — — —
PROSTARM 📈 Prostarm Info Systems Limited 22 Sep 2026 Expansion Possible Other Electrical Equipment
52/100
-11.9% ₹139.4 → ₹122.8 -3.5% -8.7% —
SOLEX 📈 Solex Energy Limited 22 Sep 2026 Expansion Unlikely Electric Equipment
38/100
-20.6% ₹699.0 → ₹554.9 -12.2% -17.4% —
PGIL 📈 Pearl Global Industries Limited 22 Sep 2026 Expansion Possible Textiles - Products
52/100
+1.4% ₹1195.0 → ₹1211.7 +9.8% +4.6% —
HIKAL 📈 Hikal Limited 22 Sep 2026 Expansion Unlikely Pharmaceuticals - Indian - Bulk Drugs
34/100
-11.3% ₹229.0 → ₹203.2 -2.9% -8.1% —
BOROSCI 📈 Borosil Scientific Limited 22 Sep 2026 Expansion Possible Glass & Glass Products
43/100
-11.5% ₹119.5 → ₹105.8 -3.1% -8.3% —
OPTIEMUS 📈 Optiemus Infracom Limited 22 Sep 2026 Expansion Unlikely Telecom - Equipment & Accessories
38/100
-9.4% ₹800.0 → ₹725.0 -1.0% -6.2% —
Page 4 of 67 · showing 50 of 3333 analyses

Multibagger score is an AI opinion (0-100). "Return since" = price change from the opening price of the next trading day after the announcement — a price any investor could have paid, whatever time the filing landed — to the latest available close in our database. We deliberately do not measure from the announcement day's own close: over half these filings arrive after the 3:30 pm close, so that price is unobtainable and would flatter this record by roughly a percentage point. α vs Smallcap = that return minus the Nifty Smallcap 250 over the same window (the apples-to-apples benchmark for these mostly-smallcap stocks); positive α = the pick beat the smallcap market. α vs NIFTY 50 = the same picks measured against the large-cap market over the same windows. The headline return/α tiles and the tier-performance chart use matured picks only (1516 picks held ≥90 days) — picks that are only days old sit at ~0% by construction and would dilute the medians. We use 90 days because one quarter is one earnings cycle: an announced order or expansion only reaches reported financials after a full quarter, so shorter windows measure the market's reflex rather than the thesis — and it leaves an investor ample opportunity to act. The holding-period table above publishes every horizon we measured, including the ones where alpha is negative. Past performance is not indicative of future results. Research/educational only — not investment advice.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI