The stock market can be a rollercoaster, and last year’s multibaggers are proving it once again. Around 40 stocks that delivered spectacular returns in 2024—doubling or even tripling investor wealth—have now seen their fortunes reverse, falling more than 25% this year.Focusing on strong names, we filtered companies with a current market capitalization above Rs 2,500 crore, identifying stocks that were popular last year and still carry substantial market weight. From this list, we highlighted 10 major laggards that underwent sharp corrections, with share prices dropping between 40% and 68% after spectacular gains in 2024. These stocks, once investor darlings, now offer a cautionary tale of how quickly market sentiment can shift—even for high-flying companies. (Data Source: ACE Equity). Fizz

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