💎 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: 19 Oct, 09:48 IST 0 in queue
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: about 53% of these filings land after the 3:30 pm close, 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.
3994
Analysed
342
Strong candidates
-3.7%
Median return (≥90d)
44%
% positive (≥90d)
-8.6%
Median α vs Smallcap 250 (≥90d)
37%
% beating Smallcap 250 (≥90d)
+1.1%
Median α vs NIFTY 50 (≥90d)
52%
% 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=214) vs Unlikely (n=422) — a right-shifted green profile means Strong picks beat the smallcap index more often; tails cut both ways.

⏱️ How alpha behaves as you hold — same 1170 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 1170 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. At 30 days the signal is negative, 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 -0.8% 48% +0.7% 53% -1.6% 43%
60 days +0.7% 52% +2.6% 58% -3.1% 41%
90 days reported above +2.2% 55% +5.1% 62% -3.7% 41%
120 days +3.9% 58% +7.6% 66% -5.0% 41%
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=1170) 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

1254 matured picks (≥90 days) across 34 sectors
lags flat leads
Sector
Both tiers
Strong
Possible
Fertilizers
8
n=1
7
Aerospace & Defense
45
5
40
Residential, Commercial Projects
8
·
8
Packaging
8
n=2
6
Computers - Software - Large
10
·
10
Diamond Cutting / Jewellery
9
n=4
5
Port & Port services
14
·
14
Steel - Medium / Small
26
n=3
23
Engineering
32
7
25
Chemicals
41
11
30
Auto Ancillaries
42
9
33
Pharmaceuticals
10
n=1
9
Specialty Industrial Machinery
9
n=1
8
Iron & Steel Products
11
·
11
Diversified Commercial Services
20
n=1
19
Engineering - Turnkey Services
54
9
45
Pharmaceuticals - Indian - Bulk Drugs & Formln
39
7
32
Mining / Minerals / Metals
25
12
13
Castings & Forgings
20
n=2
18
Hotels
16
·
16
Steel - Large
24
n=3
21
Computers - Software - Medium / Small
66
10
56
Healthcare
20
n=1
19
Power Generation And Supply
30
·
30
Pharmaceuticals - Indian - Formulations
9
n=1
8
Other Electrical Equipment
22
n=4
18
Construction
155
18
137
Logistics Solution Provider
9
·
9
Finance & Investments
26
6
20
Electric Equipment
64
25
39
Food - Processing - Indian
17
5
12
Electronics - Components
12
n=1
11
Telecom - Infrastructure
23
5
18
Civil Construction
16
·
16
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 -1.4% 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 -7.2%, against NIFTY 50 +3.8%. 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
Lehar Footwears Ltd 📈 03 Sep 2026 Expansion Unlikely Footwear
38/100
-4.9% ₹219.6 → ₹208.8 -1.8% -2.1% —
EMSLIMITED 📈 EMS Limited 03 Sep 2026 Expansion Possible Construction
52/100
-16.7% ₹387.4 → ₹322.6 -12.2% -13.6% —
BALUFORGE 📈 Balu Forge Industries Limited 03 Sep 2026 Expansion Possible Castings & Forgings
72/100
-16.0% ₹572.5 → ₹480.7 -11.5% -12.9% —
RPGLIFE 📈 RPG Life Sciences Limited 02 Sep 2026 Expansion Possible Pharmaceuticals - Indian - Bulk Drugs & Formln
68/100
+13.2% ₹2596.9 → ₹2940.6 +17.8% +16.2% —
INDOTECH 📈 Indo Tech Transformers Limited 02 Sep 2026 Order win Possible Electric Equipment
72/100
-15.2% ₹3615.0 → ₹3067.3 -10.6% -12.2% —
POWERGRID 📈 Power Grid Corporation of India Limited 02 Sep 2026 Expansion Unlikely Power Generation And Supply
32/100
-7.2% ₹269.9 → ₹250.4 -2.6% -4.2% —
KRISHIVAL 📈 Krishival Foods Limited 02 Sep 2026 Expansion Possible Food - Processing - Indian
58/100
-9.3% ₹411.9 → ₹373.6 -4.7% -6.3% —
AMANTA 📈 Amanta Healthcare Limited 02 Sep 2026 Expansion Possible Pharmaceuticals
52/100
-3.6% ₹190.2 → ₹183.4 +1.0% -0.6% —
GPTINFRA 📈 GPT Infraprojects Limited 02 Sep 2026 Expansion Possible Construction
62/100
+12.3% ₹111.8 → ₹125.6 +16.9% +15.3% —
SICALLOG 📈 Sical Logistics Limited 01 Sep 2026 Order win Possible Logistics Solution Provider
52/100
-17.9% ₹103.5 → ₹85.0 -14.6% -14.7% —
EMSLIMITED 📈 EMS Limited 01 Sep 2026 Expansion Possible Construction
52/100
-17.5% ₹391.0 → ₹322.6 -14.2% -14.3% —
ARSSINFRA 📈 ARSS Infrastructure Projects Limited 01 Sep 2026 Order win Unlikely Construction
22/100
+0.0% ₹54.3 → ₹54.3 +2.0% +2.9% —
RNBDENIMS 📈 R&B Denims Limited 01 Sep 2026 Expansion Unlikely Other Textile Products
18/100
-27.7% ₹11.4 → ₹8.2 -24.4% -24.5% —
ANTELOPUS 📈 Antelopus Selan Energy Limited 01 Sep 2026 Expansion Possible Oil Exploration & Production
62/100
+23.4% ₹813.0 → ₹1003.1 +26.7% +26.6% —
TEXRAIL 📈 Texmaco Rail & Engineering Limited 01 Sep 2026 Order win Possible Engineering
52/100
-0.4% ₹113.7 → ₹113.2 +2.9% +2.8% —
AARVI 📈 Aarvi Encon Limited 01 Sep 2026 Expansion Possible Diversified Commercial Services
58/100
-6.4% ₹148.9 → ₹139.3 -3.1% -3.2% —
Spice Lounge Food Works Ltd 📈 01 Sep 2026 Expansion No ⚠ 9.3× revenue Restaurants
12/100
+55.0% ₹23.4 → ₹36.3 +57.0% +57.9% —
Vipul Organics Ltd 📈 01 Sep 2026 Expansion Possible Specialty Chemicals
48/100
-6.0% ₹274.9 → ₹258.4 -4.0% -3.1% —
HINDOILEXP 📈 Hindustan Oil Exploration Company Limited 01 Sep 2026 Order win Possible Oil Drilling / Allied Services
48/100
-2.1% ₹170.0 → ₹166.4 +1.2% +1.1% —
MARINE 📈 Marine Electricals (India) Limited 01 Sep 2026 Order win Possible Electric Equipment
72/100
-0.4% ₹430.6 → ₹429.0 +2.9% +2.8% —
HFCL 📈 HFCL Limited 01 Sep 2026 Expansion Possible Engineering - Turnkey Services
58/100
+11.3% ₹230.0 → ₹256.0 +14.6% +14.5% —
SJVN 📈 SJVN Limited 31 Aug 2026 Expansion Unlikely Power Generation And Supply
28/100
-17.0% ₹64.9 → ₹53.9 -12.8% -13.2% —
Chandni Machines Ltd 📈 31 Aug 2026 Expansion Unlikely Trading & Distributors
24/100
-7.1% ₹101.0 → ₹93.8 -4.2% -3.6% —
E2E 📈 E2E Networks Limited 31 Aug 2026 Expansion Possible Computers - Software - Medium / Small
72/100
+7.0% ₹649.6 → ₹694.9 +11.2% +10.8% —
HIGREEN 📈 Hi-Green Carbon Limited 31 Aug 2026 Expansion Possible Chemicals
48/100
+4.4% ₹125.2 → ₹130.7 +8.7% +8.8% —
Active Clothing Co Ltd 📈 31 Aug 2026 Expansion Possible Garments & Apparels
52/100
-11.6% ₹116.5 → ₹103.0 -8.7% -8.1% —
MANOMAY 📈 Manomay Tex India Limited 31 Aug 2026 Expansion Unlikely Textiles - Products
34/100
+11.2% ₹224.3 → ₹249.4 +15.4% +15.0% —
APOLLOPIPE 📈 Apollo Pipes Limited 31 Aug 2026 Expansion Unlikely Plastics Products
32/100
-16.0% ₹631.0 → ₹530.0 -11.8% -12.2% —
Eco Hotels And Resorts Ltd 📈 31 Aug 2026 Expansion Unlikely Hotels & Resorts
20/100
+16.8% ₹10.3 → ₹12.0 +19.7% +20.3% —
VRAJ 📈 Vraj Iron and Steel Limited 31 Aug 2026 Expansion Possible Steel - Sponge Iron
52/100
-2.5% ₹128.0 → ₹124.8 +1.7% +1.3% —
MARINE 📈 Marine Electricals (India) Limited 31 Aug 2026 Expansion Possible Electric Equipment
72/100
+6.5% ₹403.0 → ₹429.0 +10.7% +10.3% —
TARIL 📈 Transformers And Rectifiers (India) Limited 31 Aug 2026 Order win Possible Electric Equipment
68/100
+5.4% ₹312.2 → ₹329.1 +9.6% +9.2% —
HECPROJECT 📈 HEC Infra Projects Limited 31 Aug 2026 Order win Possible Engineering - Turnkey Services
52/100
-4.8% ₹119.6 → ₹113.9 -0.6% -1.0% —
PARKHOSPS 📈 Park Medi World Limited 31 Aug 2026 Expansion Possible Hospital
62/100
-17.8% ₹286.8 → ₹235.7 -13.6% -14.0% —
AXISCADES 📈 AXISCADES Technologies Limited 30 Aug 2026 Expansion Possible Aerospace & Defense
62/100
+29.4% ₹1635.0 → ₹2116.0 +33.7% +33.3% —
STLTECH 📈 Sterlite Technologies Limited 29 Aug 2026 Expansion Possible Cables - Telephone
62/100
+16.2% ₹745.0 → ₹865.9 +20.5% +20.1% —
AVANTEL 📈 Avantel Limited 29 Aug 2026 Order win Possible Aerospace & Defense
48/100
-7.3% ₹163.5 → ₹151.6 -3.0% -3.4% —
WAAREEENER 📈 Waaree Energies Limited 29 Aug 2026 Expansion Strong Candidate Electric Equipment
82/100
-2.7% ₹2637.0 → ₹2565.4 +1.6% +1.2% —
MAXESTATES 📈 Max Estates Limited 29 Aug 2026 Expansion Possible Construction
68/100
-4.4% ₹549.8 → ₹525.6 -0.1% -0.5% —
CLEANMAX 📈 Clean Max Enviro Energy Solutions Limited 28 Aug 2026 Expansion Possible Utilities - Renewable
58/100
-1.0% ₹1289.0 → ₹1276.0 +3.3% +2.9% —
Sunita Tools Ltd 📈 28 Aug 2026 Order win Possible ⚠ 7.5× revenue Industrial Products
64/100
-11.7% ₹1095.0 → ₹967.3 -8.7% -8.1% —
KPIGREEN 📈 KPI Green Energy Limited 28 Aug 2026 Expansion Possible Construction
52/100
+1.8% ₹314.1 → ₹319.8 +6.1% +5.7% —
KABRAEXTRU 📈 Kabra Extrusion Technik Limited 28 Aug 2026 Expansion Unlikely Engineering
28/100
+33.3% ₹606.8 → ₹808.8 +37.6% +37.2% —
WAAREEENER 📈 Waaree Energies Limited 28 Aug 2026 Order win Strong Candidate Electric Equipment
82/100
-2.7% ₹2637.0 → ₹2565.4 +1.6% +1.2% —
Kunststoffe Industries Ltd 📈 28 Aug 2026 Expansion Possible Plastic Products - Industrial
42/100
+6.0% ₹21.2 → ₹22.5 +9.0% +9.6% —
WAAREERTL 📈 Waaree Renewable Technologies Limited 28 Aug 2026 Order win Possible Other Electrical Equipment
68/100
-4.6% ₹877.3 → ₹837.1 -0.3% -0.7% —
ACMESOLAR 📈 Acme Solar Holdings Limited 28 Aug 2026 Expansion Possible Engineering - Turnkey Services
58/100
+2.8% ₹399.0 → ₹410.0 +7.1% +6.7% —
ACUTAAS 📈 Acutaas Chemicals Limited 28 Aug 2026 Expansion Possible Pharmaceuticals
70/100
-2.3% ₹3281.6 → ₹3206.0 +2.0% +1.6% —
ACMESOLAR 📈 Acme Solar Holdings Limited 27 Aug 2026 Expansion Possible Engineering - Turnkey Services
62/100
+4.6% ₹392.0 → ₹410.0 +9.2% +8.9% —
Suraj Industries Ltd 📈 27 Aug 2026 Expansion Possible ⚠ 3.8× revenue Breweries & Distilleries
62/100
-9.0% ₹62.5 → ₹56.9 -5.7% -5.0% —
Page 8 of 80 · showing 50 of 3994 analyses
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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 (1628 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