8 midcap stocks rally up to 135% in a year; 2 turn multibaggers
Over the past year, the benchmark Nifty has remained largely flat, while the Nifty Midcap 150 index has gained around 11%. Within the midcap universe, 32 stocks have delivered double-digit returns. We spotlight eight standout performers that have surged anywhere between 50%-135% over the past year, including two multibaggers that have more than doubled investors’ wealth. (Data Source: ACE Equity)
In the past year, the midcap market has experienced significant growth, with the Nifty Midcap 150 index increasing by approximately 11%, contrasting with the flat performance of the benchmark Nifty. Amid this backdrop, 32 stocks within the midcap index have delivered double-digit returns. Among these standout performers, eight have truly shone, delivering returns ranging from 50% to a staggering 135%.
Among these exceptional gains are two multibaggers, which have outperformed investor expectations by more than doubling their wealth. One stock, in particular, has delivered an extraordinary year, soaring 135% from a price of Rs 865 to an impressive Rs 2,037. Another standout has climbed 112%, rising from Rs 8,469 to Rs 17,984. The list also includes a stock that gained 91% from Rs 1,741 to Rs 3,318, and one that jumped 81% from Rs 239 to Rs 434.
Other notable performers gained 59%, moving from Rs 207 to Rs 330, and 52%, rising from Rs 2,988 to Rs 4,550. Other impressive gains include a 51% increase from Rs 1,120 to Rs 1,693, and a 50% climb from Rs 1,209 to Rs 1,817.
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