6 out of 10 top performing largecap stocks in November delivered multibagger returns in long run. Do you own any?

Detailed summary

Here are the 10 largecap stocks that recorded the biggest jump in November so far, including six who have delivered multibagger returns in the longer run.

The Indian stock market has seen a stellar rebound in November, with Sensex soaring over 7,000 points and Nifty rallying more than 9% in just the first half of the month as a sharp surge in FII buying following months of selloff, along with other factors boosted investor sentiment on Dalal Street. One of the key trends noticeable during this bull attack was the outperformance of the largecaps over midcaps and smallcaps. During the same period of time, Nifty Midcap 100 and Nifty Smallcap 250 indices gained 7-8%. Here are the 10 largecap stocks that recorded the biggest jump in November so far, including six who have delivered multibagger returns in the longer run.

Shriram Finance shares recorded the sharpest gains among all the largecap stocks in November so far, jumping nearly 22%. The shares of the non banking financial company dropped 2% in a month and 5% in 2026 so far, but gained over 19% in one year. In the longer term, the stock delivered multibagger returns of 147% in three years and 199% in five years.

Muthoot Finance followed, rising more than 21% in November so far. The shares of the gold loan provider dropped over 1% in a week but gained 8% in a month, although they remain 26% down in 2026 so far. In the longer term, the stock delivered multibagger returns of over 120% in three years and gained 68% in five years.

Also read | MSCI rejig: Which stocks may see the biggest inflows & outflows?

Mahindra & Mahindra (M&M) shares gained 20% so far this month, ranking third among all the largecap stocks with highest returns in the first half of November. The shares of the automaker have gained more than 16% in a month but dropped over 11% in 2026 so far and 10% in a year. In the longer term, the stock delivered multibagger returns of 116% in three years and 255% in five years.

Ashok Leyland shares also gained around 20% in November so far. The stock has fallen 2% in a week and 8% in 2026 so far, although it gained 15% in one month.

HDFC Asset Management Company shares…

Al…

Opening of the article, excerpted from The Economic Times. To read the rest, open the article on the publisher's site.