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Holi-to-Holi multibaggers: From market favourites to hidden gems, 80 stocks deliver up to 1,822% returns


As investors prepare to celebrate Holi on Wednesday, March 4, 2026, the real splash of green has fallen upon these 80 stocks from Indian markets that have turned multibaggers from last Holi, which fell on March 14, 2025. The returns have skyrocketed up to an extraordinary 1,822%, even as Indian equities grappled with tariff concerns, subdued earnings and stretched valuations.

Out of the 80 stocks under review, 17 have delivered over 200% returns in the said period, with Midwest Gold rising up to 1,822%, the highest among its peers. The Karnataka-based company processes granite blocks, including the mining and processing of all other types of minerals. The next is Kalind, which has yielded 1,143% returns.

The other head turners are Belding India, GHV Infra Projects, Cupid, Gujarat Natural Resources, SML Mahindra, Valiant Communications, BGR Energy Systems, Concord Control Systems, CIAN Agro Industries & Infrastructure, Indokem, Spice Lounge Food Works, Lumax Auto Technologies, Force Motors, Mahamaya Steel Industries and MTAR Technologies, which have delivered returns between 201% and 650%.

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