The 2025 multibagger pack has split sharply in 2026. Some of last year’s biggest winners have continued to deliver strong gains, while others have collapsed, showing how quickly momentum trades can turn once the market mood changes. Data for 15 stocks that more than doubled in 2025 shows that eight are still positive in 2026, while seven have slipped into the red.
Cupid has gained another 149% in 2026 after surging 583% in 2025, while Blue Pearl Agriventures has crashed 92% this year after rising 564% last year. The sharp divergence shows that a multibagger return in one year does not automatically protect investors in the next. In several cases, the biggest winners of 2025 have become the biggest losers of 2026.
Cupid is the strongest continuation trade in the list. The stock had rallied 583% in 2025 and has gained another 149% in 2026 so far. SML Mahindra has also extended its rally, rising 69% this year after a 183% gain in 2025.
Apollo Micro Systems, Gabriel India, Axiscades Technologies and Lumax Auto Technologies have also stayed in favour. Apollo Micro Systems is up 50% in 2026 after gaining 136% last year. Gabriel India has advanced 46% after a 113% rise in 2025, while Axiscades Technologies is up 43% after rising 112% last year. Lumax Auto Technologies has gained 37% this year after a 139% rally in 2025.
Aditya Birla Capital and Jayaswal Neco Industries have managed to stay positive, but only modestly. Aditya Birla Capital is up 11% in 2026 after rising 101% in 2025. Jayaswal Neco has gained just 3% this year after a 124% gain last year.