CANSLIM is a growth stock investing methodology developed by William J. O'Neil, founder of Investor's Business Daily, that combines fundamental and technical criteria to identify high-growth stocks before they make major price advances. Each letter of CANSLIM represents a key selection criterion: C — Current quarterly earnings growth (ideally 25%+ YoY), A — Annual earnings growth (strong multi-year track record), N — New products, services, management, or price highs (catalyst for growth), S — Supply and demand (low share float with institutional buying), L — Leader or laggard (buy market leaders, avoid laggards in the same sector), I — Institutional sponsorship (rising mutual fund and FII ownership), M — Market direction (invest in confirmed uptrends, stay in cash during corrections). In Indian equity markets, CANSLIM principles are applied by growth-oriented investors to screen Nifty 500 and broader BSE-listed stocks — focusing on earnings acceleration, new business catalysts, and institutional buying as the primary filters for identifying the next generation of multi-bagger stocks.