Everybody is looking for a multi-bagger stock to invest in. However, spotting a multi-bagger stock early is not easy. Going against non-conformity by understanding the business well and finding out whether it hasn’t been valued by the rest of the market or not is a key step to discovering a multi-bagger. Investors need to find a company that is trading below its intrinsic value, offers high earnings growth potential and has a good chance of a re-rating in the form of higher price-earnings multiples. This is easier said than done. For example, look at how auto air-conditioning solution provider Subros emerged as the biggest wealth creator. From Rs 27 apiece 11 years ago, the stock has seen a remarkable rise of over 3300 percent to Rs 938 per share on July 11, 2025. To put this into perspective, if a trader would have invested Rs 1 lakh a decade ago, his investment would have ballooned into Rs 34 lakh.