These 10+ multibaggers of 2024 crashed up to 55% in 2025. Do you own any?

These 10+ multibaggers of 2024 crashed up to 55% in 2025. Do you own any?

Here are some top multibagger stocks from 2024 that have crashed by up to 50% in 2025, according to market reports. Several previously high-flying stocks have seen sharp corrections this year, turning into 'fallen angels' after significant runs last year.​

List of Multibaggers That Crashed

• Orchid Pharma: After a strong rise in 2024, Orchid Pharma has witnessed a steep correction in 2025, losing a substantial portion of its previous gains.​

• Transformers & Rectifiers (India): This stock soared last year, but has corrected sharply in 2025.​

• Zen Technologies: Rose 207% in 2024, but is down 42% so far in 2025.​

• Newgen Software Technologies: Up 118% in 2024, has lost 45% in 2025.​

• Ashoka Buildcon: Gained 124% in 2024, but fell 37% in 2025.​

• Anant Raj: Jumped 190% last year, down 36% in 2025.​

• Garware Hi-Tech Films: Up 258% last year, down 36% this year.​

• Dhani Services: Up 142% in 2024, dropped 34% so far.​

• IFB Industries: Up 103% last year, corrected 32% in 2025.​

• Ganesh Housing Corporation: Gained 202% previously, now down 32%.​

• Polo Queen Industrial & Fintech: Surged 231% in 2024, down 57% in 2025.​

• Rajoo Engineers: Up 195% last year, down 46% this year.​

Pattern and Market Trend

Many of these stocks delivered returns of 100-200% or more in 2024 but have corrected sharply, with declines between 30% and 50% being common. The corrections are attributed to sector-specific slowdowns, profit-booking, and broader market rotation. Even stocks that attracted strong retail or institutional interest last year are not immune to trend reversals.​

If you hold any of these stocks, it may be wise to review their fundamentals, recent financial results, and sector outlook before taking further action. Market momentum has shifted, highlighting the importance of monitoring both price moves and business performance in volatile conditions.

Reasons Behind the Crashes

Several key factors contributed to these corrections:

• Valuation normalizations: Many of these stocks had valuations priced for perfection after their huge price jumps.

• Weak earnings momentum: Corporate earnings growth slowed considerably in 2025 compared to 2024, with margins under pressure from inflation and input costs.

• Sectoral headwinds: Specific sectors such as infrastructure and small-cap tech faced demand slowdowns or regulatory issues.

• Broader market rotations: Investors moved away from riskier, high-beta small- and mid-cap names towards safer or larger-cap stocks, or to overseas markets due to geopolitical concerns.

• Foreign institutional investor (FII) exits: Reduced buying from FIIs left these stocks vulnerable during market downturns.​

Implications for Investors

If you own any of these multibagger stocks from 2024 that have crashed in 2025, consider the following:

• Reassess the stock's fundamentals including revenue and earnings growth, debt levels, and management quality.

• Monitor if the reasons for the correction are temporary or structural.

• Diversify your portfolio to reduce risk from individual stock volatility.

• Avoid panic selling while also being prudent about overvalued positions.

• Stay updated on sector-specific news and overall market trends.​

This volatility exemplifies the high-risk, high-reward nature of multibagger investing and the importance of ongoing portfolio review.