In calendar year 2025 so far, Indian equities have posted a decent gain, with the benchmark Sensex rising around 6%. However, many individual stocks have witnessed sharp declines. A closer look at the data reveals that several stocks which delivered multibagger returns last year have experienced steep corrections this year. ETMarkets analyzed such stocks—those that doubled investor wealth in 2024 but have significantly fallen in 2025. The analysis includes only companies with a market capitalization exceeding Rs 2,000 crore, highlighting that even last year’s strong performers have seen sharp declines. Using this criterion, 11 stocks were identified. (Data Source: ACE Equity)