Once darlings of D-Street, 11 FY24 multibaggers tank over 25% in H1FY25. What went wrong?

Several multibagger stocks that saw great returns in FY24 have dropped over 25% in the first half of FY25. Indian equities face challenges from geopolitical uncertainties and rising oil prices. Analysts suggest a cautious approach, focusing on quality stocks that can endure macroeconomic pressures. The market outlook remains mixed.