Strong growth in sales and profits indicates that a company is becoming more efficient, expanding its business, and generating higher earnings. It is a key indicator of financial health and often supports sustained gains in stock prices.A recent ETMarkets analysis identified a group of companies where both business performance and stock prices have risen together. The study covered non-financial companies with a market capitalisation above Rs 2,000 crore and quarterly sales exceeding Rs 100 crore in the March 2026 quarter. It further filtered companies that reported at least 25% year-on-year growth in both sales and profits for the same period.After applying these criteria, around 124 stocks were shortlisted. Of these, about 20 turned into multibaggers within a year, meaning their value more than doubled. The analysis highlights the top 15 stocks that gained between 125% and 615%, driven by strong sales and profit growth in the latest quarter. (Data Source: ACE Equity) ​Growth Drives Multibaggers