Growth stocks dominate BSE200 multi-bagger list

7 of 10 stocks have seen a significant valuation re-rating in the past three years

While bellwethers CNX Nifty and S&P BSE Sensex scaled new highs on Thursday and have enriched investors, broader indices such as BSE200, which hit its all-time high levels earlier this month, have done better. Data points suggest investors who had bought into stocks in the BSE200 during the pre-election wave of 2014 would be richer on Thursday by a huge margin. If the BSE Sensex rose by 45 per cent from January 1, 2014, till date, the BSE200 index has gained over 65 per cent during this period. 

A finer reading of individual stock performances indicates 170 of 200 stocks