The below table shows the mid cap stocks in India based on the highest market capitalization.
|Midcap Stocks||Sub Sector||Market Cap||Close Price|
|Bosch Ltd||Auto Parts||56,645.02||19,201.70|
|Hero MotoCorp Ltd||Two Wheelers||56,426.29||2,823.55|
|Indian Hotels Company Ltd||Hotels, Resorts & Cruise Lines||56,361.49||396.80|
|Max Healthcare Institute Ltd||Hospitals & Diagnostic Centres||56,283.91||579.40|
|Canara Bank Ltd||Public Banks||55,630.30||306.65|
|One 97 Communications Ltd||Business Support Services||55,360.63||872.95|
|Power Finance Corporation Ltd||Specialized Finance||55,124.90||208.80|
|IDFC First Bank Ltd||Private Banks||54,461.15||82.20|
|Adani Wilmar Ltd||FMCG – Foods||54,391.55||418.50|
|Astral Ltd||Building Products – Pipes||53,328.80||1,985.35|
In the quest to make money and get a high ROI, people tend to go after the trends without doing proper research themselves. They overlook some of the great stocks, which are underrated, but one can get fantastic returns from them.
We are talking about the best Mid Cap stocks. This article will be covering the following topics and also give you an understanding of why you should consider a Mid Cap stock!
- What is a Mid Cap Stock?
- Best Mid Cap Stocks/Companies in India
- List of Mid Cap Stocks in NSE
- List of BSE Mid Cap Stocks
What is a Mid Cap Stock?
If we talk about the mid cap meaning, these are the stocks whose market capitalization is measured to be in the range of Rs 5,000 Crore and Rs 20,000 Crore. It is a category that falls between the large cap and small cap companies.
Market cap is measured with respect to the current market price of a share and the total number of outstanding shares (Shares held by investors) of the company. This gives an average market value of the company.
Let’s understand the market cap calculation with an example, suppose Sanjay Sweets has 1,00,000 outstanding shares at the price of Rs 500 per share.
Market Capitalization = outstanding shares X current market price of the share
Sanjay Sweets’ Market Cap = 1,00,000 X Rs 500
Which is calculated to be Rs 5,00,00,000.
Why consider a Mid Cap stock?
Mid cap companies in India have a lot to offer; it’s just that they have been overlooked. Focusing on a few of the features of the top mid cap stocks:
- They offer diversity as they occupy the list between large cap and small cap companies; they can be stable and high on returns if you choose the stocks carefully.
- The chance of growth is truly fantastic; some of the stocks have grown exponentially over time.
- Considering the return potentials, these stocks have good scope for value appreciation and pays dividends as well.
- Since they are overlooked, their prices stay low and affordable, where you can grab a large number of shares for a lower cost compared to large cap stocks.
- They are less riskier than small cap companies.
- The liquidity is relatively higher than the small cap companies.
Learn about other stocks based on market capitalization.
Best Mid Cap Stocks/Companies in India
The below table shows the mid cap stock list based on the market capitalization. The data below also includes the closing price of the share with 1-year returns calculated in percentage.
|Sl.No||Midcap Stocks||Market Cap||Close Price||1Y Return|
|1||Mazagon Dock Shipbuilders Ltd||24,608.20||1,220.10||404.28|
|2||Fertilisers And Chemicals Travancore Ltd||26,769.37||413.7||325.84|
|3||Rail Vikas Nigam Ltd||25,812.55||123.8||311.98|
|4||Jindal Stainless Ltd||27,457.43||333.45||223.74|
|5||IDFC First Bank Ltd||54,461.15||82.2||170.39|
|7||CIE Automotive India Ltd||19,468.88||513.2||150.1|
|8||Apollo Tyres Limited||26,639.31||419.45||134|
|9||Punjab & Sind Bank||21,146.69||31.2||130.26|
|10||KPIT Technologies Ltd||28,741.88||1,063.15||126.01|
Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Ltd is a premier shipyard and defense contractor in India. With a rich heritage and expertise spanning several decades, they specialize in the construction and maintenance of naval ships and submarines. Mazagon Dock Shipbuilders Ltd plays a vital role in strengthening India’s maritime capabilities by delivering technologically advanced and robust vessels to the Indian Navy and other domestic and international customers.
Fertilisers And Chemicals Travancore Ltd
Fertilizers and Chemicals Travancore Limited (FACT) is a fertilizer and chemical manufacturing company in India. It was established in 1943 and has since then become one of the leading producers of fertilizers and chemicals in India. FACT produces various types of fertilizers and chemicals such as ammonia, urea, and caprolactam.
Rail Vikas Nigam Ltd
Rail Vikas Nigam Limited (RVNL) is a government-owned company that was established in 2003. It specializes in developing railway infrastructure and executing projects related to it. RVNL has completed several major projects such as doubling of railway tracks, electrification of railway lines, and construction of railway bridges across India.
Jindal Stainless Ltd
Jindal Stainless Limited is a prominent India-based stainless-steel company known for its manufacturing expertise. With a diverse product portfolio and a robust distribution network, the company caters to various industries both domestically and internationally. Operating a state-of-the-art stainless-steel plant in Odisha, Jindal Stainless is committed to delivering high-quality stainless-steel products.
IDFC First Bank Ltd
IDFC FIRST Bank Limited is an India-based banking company with a comprehensive range of financial services. It operates through three segments: Treasury, Corporate/Wholesale Banking, and Retail Banking. With a strong branch network and ATMs across the country, the bank offers loans, transaction services, and investment options to both corporate and retail customers.
List of Mid Cap Stocks in NSE
You may have noticed that the table displayed below is a similar table that was mentioned above. There’s a reason for it; we did this purposefully so that you may look at the top mid-cap stocks listed in NSE along with the mid-cap stocks listed in BSE, which comes in the next section of this article.
|6||AU SMALL FINANCE BANK||686.65|
|8||BANK OF INDIA||85.55|
List of BSE Mid Cap Stocks
The data in the mid-cap companies listed in BSE and NSE is quite similar, but if you look closely, you will observe specific changes in the entries.
|6||ADITYA BIRLA CAPITAL||172.50|
|7||ADITYA BIRLA FASHION & RETAIL||224.30|
|10||AMARA RAJA BATTERIES||595.10|
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
|Shares below 100|
|Top Pharma Companies in India|
|Nifty 50 Companies|
|Shares Below 5|
|High Volume Stocks in India|
|Media Stocks in India|
|How to do Intraday Trading for Beginners|
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
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