{"id":315624,"date":"2026-10-19T10:20:32","date_gmt":"2026-10-19T04:50:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=315624"},"modified":"2026-10-19T10:20:32","modified_gmt":"2026-10-19T04:50:32","slug":"gujarat-based-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gujarat-based-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Gujarat-based Stocks to Watch for Future Multibagger Potential: Torrent Pharma, Zydus Lifesciences and Astral"},"content":{"rendered":"

Torrent Pharma Rs 4,558.90. Zydus Lifesciences Rs 1,123. Astral Rs 1,427.40. Market caps from Rs 38,753 crore to Rs 1.75 lakh crore. Data as of 16 Oct 2026.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

Torrent Pharma, Zydus Lifesciences and Astral are the 3 picks in this Gujarat-based stocks watchlist, with market caps between Rs 38,753 crore and Rs 1.75 lakh crore. Torrent Pharma stands out for the highest return on equity at 25.49%, while Zydus Lifesciences offers the lowest PE of the group at 24.78. PE ratios run from 24.78 to 81.26, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n

Gujarat-based stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Torrent Pharma, Zydus Lifesciences and Astral meet that test, with market caps from Rs 38,753 crore to Rs 1.75 lakh crore and Torrent Pharma offering the highest return on equity at 25.49%. Gujarat’s business culture has produced strong pharma and building-products companies headquartered in Ahmedabad.<\/p>\n

This list covers listed companies headquartered in Ahmedabad, Gujarat, with complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening Gujarat-based stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n