best-mid-cap-stocks-in-india

Mid Cap Stocks – The Lesser Discovered Gems of The Stock Market!!!

The below table shows the mid cap stocks in India based on the highest market capitalization.

SL No. Stock Name Market Cap (₹ Crores) Close Price (₹)
1 IDBI Bank Ltd 50,321.24 46.80
2 Tube Investments of India Ltd 50,176.17 2,599.60
3 Trent Ltd 49,585.17 1,394.85
4 Bosch Ltd 49,179.91 16,674.75
5 Samvardhana Motherson International Ltd 48,891.88 72.15
6 Punjab National Bank 48,613.63 44.15
7 Macrotech Developers Ltd 47,500.90 986.25
8 Container Corporation of India Ltd 46,416.04 761.80
9 ACC Ltd 46,300.83 2,465.60
10 Schaeffler India Ltd 45,600.81 2,917.45

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!

Content:

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. Stock Name Market Cap (₹ Crores) Close Price (₹) 1Y Return (%)
1 Mazagon Dock Shipbuilders Ltd 17,512.74 868.30 190.3
2 Bharat Dynamics Ltd 17,540.93 957.05 129.59
3 Schaeffler India Ltd 45,600.81 2,917.45 88.2
4 CG Power and Industrial Solutions Ltd 41,681.56 272.95 74.19
5 Fine Organic Industries Ltd 19,040.46 6,210.20 71.79
6 Gujarat Fluorochemicals Ltd 38,273.39 3,484.15 69.95
7 Indian Bank 33,477.46 268.80 63.85
8 KPIT Technologies Ltd 18,299.38 676.85 54.89
9 Tube Investments of India Ltd 50,176.17 2,599.60 54.19
10 Poonawalla Fincorp Ltd 23,473.78 306.80 52.03

1. Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd is principally involved in the construction and repair of ships, submarines, and various types of vessels, as well as related engineering goods, for a variety of domestic and foreign clients.

It was founded in 1934 as a private corporation and was taken over by the Government of India in 1960.

2. Bharat Dynamics Ltd

Bharat Dynamics Limited, also known as BDL, is a government-owned company in India. It is involved in the production of guided missiles as well as other allied pieces of military hardware.

3. Schaeffler India Ltd

Schaeffler India Ltd. is an organization that works on the design, production, and distribution of high-precision roller and ball bearings, as well as engine systems and transmission components, chassis applications, clutch systems, and other types of machine building manufacture.

4. CG Power and Industrial Solutions Ltd

CG Power & Industrial Solutions is a global company that provides utilities, industries, and consumers with end-to-end solutions for the management and use of sustainable and efficient electrical energy. These solutions may be found in end-to-end solutions. Its primary business areas are Power Systems and Industrial Systems, and within each of these areas, it provides products, services, and solutions.

5. Fine Organic Industries Ltd

Fine Organic Industries is involved in the manufacturing, processing, supplying, distributing, dealing, importing, and exporting of a wide range of oleochemical-based additives. These additives are used in foods, plastics, cosmetics, coatings, and other specialty applications in a variety of industries. Fine Organic Industries is based in India but operates in other countries as well.

6. Gujarat Fluorochemicals Ltd

Gujarat Fluorochemicals Limited, formerly known as Inox Fluorochemicals Limited, was established in 2018 as a separate legal company after being demerged from GFL Ltd. It is currently a member of the INOX Group of Companies and was once known as Gujarat Fluorochemicals Limited.

It is one of the most prominent manufacturers in India of fluoro-polymers, fluoro-specialties, chemicals, and refrigerants. With exports to Europe, the Americas, Japan, and Asia, it is one of the top five global participants in the fluoropolymers market.

7. Indian Bank

Indian Bank is a medium-sized bank founded in 1907. It provides deposits, loans, and other services. Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations are the bank’s segments.

8. KPIT Technologies Ltd

KPIT is a global technology business that specializes in developing software solutions. These technologies will assist in leapfrogging the mobility industry into an autonomous, clean, smart, and connected future. KPIT offers customers to speed adoption of next-generation mobility technologies by utilizing its global network of more than 6000 Automobelievers and its expertise in embedded software, artificial intelligence, and digital solutions. With research and development offices located throughout Europe, the United States of America, Japan, China, Thailand, and India.

9. Tube Investments of India Ltd

Tube Investments of India Limited (TII) is a prominent manufacturer in India of a wide range of products for various industries such as automotive, railway, construction, mining, agriculture, and so on. Engineering, Metal Formed Products, and Bicycles are the three core verticals of the company. In accordance with its growth plans, the Company has entered the TMT bars and Truck Body Building business, and it is also looking into potential in optic lenses and other vision systems for the automotive industry.

10. Poonawalla Fincorp Ltd

Poonawalla Fincorp Limited, formerly known as Magma Fincorp Limited, is an NBFC that is registered with the RBI but does not accept deposits. It also offers general insurance services in addition to consumer and small and medium-sized enterprise (MSME) financing.

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. 

SL No.

Stock Name

Close Price (₹)

1

Shriram Transport Finance Limited

1,247.35

2

Vodafone Idea Limited

8.45

3

TVS Motors Company Limited

1,124.70

4

United Breweries Limited

1,688.00

5

Gujrat Gas Limited

506.45

6

The Federal Bank Limited

133.7

7

Aurobindo Pharma Limited

479.7

8

Hindustan Petroleum Corporation Limited

209.55

9

Zydus Lifesciences Limited

415.85

10

Power Finance Corporation Limited

120.6

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.

SL No.

Stock Name

Close Price (₹)

1

SRTRANSFIN

1260.25

2

PIIND

3417.15

3

IRCTC

735

4

BEL

109.2

5

CROMPTON

374.75

6

BAJAJHLDNG

6711.6

7

ACC

2479.55

8

FEDERALBNK

133.75

9

CHOLAFIN

709.95

10

ZEEL

255.4

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

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.

Share this:

About Author

Vikas Yadav

Vikas Yadav is a professional writer who also happens to be an engineer. He's been creating content for quite some time now, but it was his fascination and zeal for the stock market that steered him in the right direction. He is eager to spread knowledge about the "power of investment" through his collaboration with Alice Blue by creating high-quality educational content for the public at large. If you want to comprehend difficult subjects in simple terms, he's your man.

Leave a Reply

Your email address will not be published.