Multibagger

Multibagger Update: This micro-cap pharma stock hit an all-time high!
Multibagger Update: This micro-cap pharma stock hit an all-time high!

Multibagger Update: This micro-cap pharma stock hit an all-time high!

Over the last 1 year and year to date, the stock has gained 156.59 per cent and 50.26 per cent, respectively

Armaan Madhani Article rating: 4.0
The company primarily offers various generic pharma products across various therapeutic segments such as...

What are Multibagger Stocks?

The term Multibagger was first coined in 1988, by Peter Lynch- in his best-selling book, "One Up On Wall Street" in which he describes that he derived inspiration from the game of baseball for the same. In this game, he says that the success of the game depends upon the number of bags or bases the runner attains. Relating the same concept he states that certain unique equity shares of some companies generate returns that are several times higher than their original cost of acquisition in a short span. For example, A ten-bagger is a stock that gives returns ten times more than the investment made.

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