The table below shows the top 10 BSE Midcap Index stocks by their highest market cap.
| Name | Market Cap (Cr) | Close Price (₹) |
|---|---|---|
| Indian Railway Finance Corp Ltd | 2,37,114.97 | 181.05 |
| Power Finance Corporation Ltd | 1,70,780.27 | 514.40 |
| Trent Ltd | 2,48,478.63 | 6,925.60 |
| Indian Overseas Bank | 1,17,780.93 | 61.28 |
| REC Limited | 1,56,768.99 | 589.85 |
| Union Bank of India Ltd | 97,465.93 | 124.56 |
| Macrotech Developers Ltd | 1,21,688.60 | 1,215.05 |
| Canara Bank Ltd | 1,01,890.63 | 111.41 |
| TVS Motor Company Ltd | 1,28,570.45 | 2,775.20 |
| Shriram Finance Ltd | 1,18,187.18 | 3,162.15 |
Content:
Stocks in BSE Midcap Index
Indian Railway Finance Corp Ltd
The Market Cap of Indian Railway Finance Corp Ltd is Rs. 2,37,114.97 crores. The stock’s monthly return is -1.33%. Its one-year return is 271.77%. The stock is 26.48% away from its 52-week high.
Indian Railway Finance Corporation Limited, an entity based in India, serves as the financing division of the Indian railways.
Its operations primarily revolve around the leasing and financing sector. The core function of the company involves sourcing funds from financial markets to facilitate the procurement or establishment of assets, subsequently leasing them to the Indian Railways through finance leases.
Power Finance Corporation Ltd
The Market Cap of Power Finance Corporation Ltd is Rs. 1,70,780.27 crores. The stock’s monthly return is -2.17%. Its one-year return is 136.34%. The stock is 12.75% away from its 52-week high.
Power Finance Corporation Limited, an Indian non-banking financial entity, primarily specializes in extending financial support to the power sector.
Its range of fund-based products encompasses project term loans, equipment lease financing, short to medium-term loans for equipment manufacturers, interest-free loans for studies and consultancies, corporate loans, credit lines for coal import, buyer’s credit lines, wind power project financing, debt refinancing, and credit facilities for power procurement through exchanges.
Trent Ltd
The Market Cap of Trent Ltd is Rs. 2,48,478.63 crores. The stock’s monthly return is 29.64%. Its one-year return is 245.29%. The stock is 2.49% away from its 52-week high.
Trent Limited, headquartered in India, specializes in the retailing and trading of various merchandise. The company operates through multiple retail formats including Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu/Xcite, Booker Wholesale, and ZARA. Its flagship brand, Westside, offers a wide range of apparel, footwear, and accessories for men, women, and children, as well as home furnishings and decor.
Landmark, another format, provides family entertainment with toys, books, and sports merchandise. Zudio focuses on value retailing, offering apparel and footwear for all ages. Utsa, a modern Indian lifestyle format, features ethnic apparel, beauty products, and accessories.
Indian Overseas Bank
The Market Cap of Indian Overseas Bank is Rs. 1,17,780.93 crores. The stock’s monthly return is -6.43%. Its one-year return is 97.68%. The stock is 36.67% away from its 52-week high.
The primary focus of the Indian Overseas Bank (IOB) lies in banking services. Its operational structure encompasses segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.
IOB’s activities span various domains including domestic deposits and advances, foreign exchange operations, investments, support for micro, small, and medium enterprises (MSMEs) including the MUDRA Loan Scheme, retail banking services such as Arogya Mahila Savings Bank Accounts, Mid Corporate services, agricultural credit portfolio, loans catering to small and marginal farmers, non-corporate farmers, and microfinance.
REC Limited
The Market Cap of REC Limited is Rs. 1,56,768.99 crores. The stock’s monthly return is -4.26%. Its one-year return is 142.49%. The stock is 10.88% away from its 52-week high.
REC Limited, an infrastructure finance company headquartered in India, specializes in providing interest-bearing loans to various entities such as state electricity boards, state power utilities, state power departments, and private sector players across all facets of power infrastructure.
The company primarily operates within the lending sector, catering to the needs of power, logistics, and infrastructure projects. REC Limited offers a diverse range of financial products including long-term loans, medium-term loans, short-term loans, debt refinancing, equity financing, funding for equipment manufacturing in the power sector, financing for coal mines, and policies facilitating funding against regulatory assets (excluding the return on equity component) of power utilities, along with a revolving bill payment facility.
Union Bank of India Ltd
The Market Cap of Union Bank of India Ltd is Rs. 97,465.93 crores. The stock’s monthly return is -3.60%. Its one-year return is 35.32%. The stock is 38.49% away from its 52-week high.
Union Bank of India Ltd. is a banking institution based in India, with its operations divided into several segments. These include Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations, and Other Banking Operations. In the Treasury Operations segment, the bank provides various account options such as savings and current accounts, term and recurring deposits, as well as demat and online trading accounts.
The Corporate and Wholesale Banking segment offers services like trade finance, working capital, lines of credit, project financing, and channel finance, along with assistance in debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition advisory, and private equity services.
Macrotech Developers Ltd
The Market Cap of Macrotech Developers Ltd is Rs. 1,21,688.60 crores. The stock’s monthly return is -17.46%. Its one-year return is 88.39%. The stock is 35.79% away from its 52-week high.
Macrotech Developers Limited operates in the real estate sector, focusing on property development in India and the United Kingdom. The company’s diverse portfolio encompasses various segments, including housing projects, premium and luxury housing, and industrial and logistics parks.
Within its housing projects, Macrotech Developers Limited offers a range of options, such as Palava in the Navi Mumbai and Dombivali Region, Upper Thane on the outskirts of Thane, Amara in Thane, Lodha Sterling in Thane, Lodha Luxuria in Thane, Crown Thane in Thane, Bel Air in Jogeshwari, Lodha Belmondo in Pune, Lodha Splendora in Thane, and Casa Maxima in Mira Road.
Canara Bank Ltd
The Market Cap of Canara Bank Ltd is Rs. 1,01,890.63 crores. The stock’s monthly return is -0.18%. Its one-year return is 70.53%. The stock is 15.70% away from its 52-week high.
Canara Bank Limited, an Indian banking institution, operates through several segments, including Treasury, Retail Banking, Wholesale Banking, Life Insurance, and Other Banking Operations.
The bank offers a range of diversified products and services, catering to both personal and corporate clients. Personal banking services encompass depository services, mutual funds, technology products, retail loans, and card services. Corporate banking offerings include accounts and deposits, supply chain finance, syndication services, and technology upgrade funds.
TVS Motor Company Ltd
The Market Cap of TVS Motor Company Ltd is Rs. 1,28,570.45 crores. The stock’s monthly return is 13.15%. Its one-year return is 105.68%. The stock is 1.54% away from its 52-week high.
TVS Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three-wheelers, parts and accessories.
The Company’s motorcycles include Apache Series RTR, Apache RR 310, Apache RTR 165RP, TVS Raider, TVS Radeon, TVS StaR City +, and TVS Sport. Its scooters include the TVS Jupiter 125, TVS Jupiter Classic, and TVS Jupiter ZX. Its three-wheelers include TVS King. Its portfolio of electric vehicles includes TVS iQube. It offers TVS Augmented Reality Interactive Vehicle Experience (ARIVE) a mobile application, which allows customers to view the TVS Apache series motorcycles and offers detailed information about the machine with the options of booking a test ride and placing an order.
Shriram Finance Ltd
The Market Cap of Shriram Finance Ltd is Rs. 1,18,187.18 crores. The stock’s monthly return is 15.97%. Its one-year return is 69.84%. The stock is 0.88% away from its 52-week high.
Shriram Finance Limited, an Indian company, operates as a retail non-banking finance company (NBFC). Its main activities revolve around providing financing for various sectors including commercial vehicles, passenger vehicles, construction equipment, farm equipment, micro, small and medium enterprises, two-wheelers, gold, and personal loans.
Additionally, it provides fixed deposits and recurring deposits. The company has subsidiaries such as Shriram Housing Finance Limited (SHFL) and Shriram Automall India Limited (SAMIL).
BSE Midcap – FAQ
These are the top 5 companies in BSE Midcap based on market capitalization:
- Indian Railway Finance Corp Ltd
- Power Finance Corporation Ltd
- Trent Ltd
- Indian Overseas Bank
- REC Limited
BSE Midcap Stocks refer to companies listed on the Bombay Stock Exchange (BSE) that fall within the mid-cap segment, typically ranking between large-cap and small-cap stocks in terms of market capitalization.
The top 5 companies based on the highest weightage, are Trent Ltd, Max Healthcare Institute Ltd, Tube Investments of India Ltd, Jindal Steel, And Power Ltd, and Oracle Financial Services Software Ltd.
To invest in the BSE Midcap Stock, you can buy exchange-traded funds (ETFs) or mutual funds that track this index through a brokerage account or directly through the fund provider.
The BSE Midcap Index consists of over 100 stocks that represent a diverse array of companies across different sectors and industries.
Mid-cap stocks can offer a balance between growth potential and risk, making them suitable for investors seeking higher returns without the volatility associated with small-cap stocks or the stability of large-cap stocks.
Mid-cap stocks generally have higher market capitalization and are more established than small-cap stocks. Small-cap stocks typically have smaller market capitalization, potentially offering higher growth opportunities but also carrying higher volatility and risk.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.
