Dalal Street’s multibagger run has slowed sharply in 2025. While Nifty and Sensex have mostly recovered and portfolios are in the green, only 10 stocks with a market cap above ₹1,000 crore have delivered multibagger returns in the first half of the year—down from 2024’s boom. GHV Infra Projects leads with a 776% gain, followed by RRP Semiconductor (760%), Elitecon International (470%), String Metaverse (425%), and Kothari Industrial Corporation (313%). However, many of these high performers are showing signs of fatigue, slipping 16–23% from recent highs, signaling tougher times ahead for investors seeking big returns.