Eight midcap stocks rallied up to 135% in a year, with two turning into multibaggers. While the Nifty index stayed flat, the Nifty Midcap 150 index gained 11%. Stocks like Laurus Labs and Apar Industries showed strong growth, as many investors got good returns from these eight standout market performers.
8 midcap stocks rally up to 135% in a year; 2 turn multibaggers
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Midcap Momentum
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)
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Laurus Labs
The stock surged 135% over the past year, climbing from Rs 865 to Rs 2,037.
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Apar Industries
The stock rallied 112% over the past year, rising from Rs 8,469 to Rs 17,984.
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Multi Commodity Exchange of India
The stock gained 91% over the past year, advancing from Rs 1,741 to Rs 3,318.
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Bharat Heavy Electricals
The stock jumped 81% over the past year, moving up from Rs 239 to Rs 434.
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The Federal Bank
The stock climbed 59% over the past year, rising from Rs 207 to Rs 330.
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Radico Khaitan
The stock advanced 52% over the past year, gaining from Rs 2,988 to Rs 4,550.
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Aurobindo Pharma
The stock rose 51% over the past year, moving from Rs 1,120 to Rs 1,693.
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Bharat Forge
The stock gained 50% over the past year, climbing from Rs 1,209 to Rs 1,817.