Top 10 Midcap Stocks with Potential Upside of Up to 60%
10 midcap stocks with massive upside potential up to 60%. Do you own any?
The Economic Times
Image: The Economic Times
A recent analysis of Nifty Midcap 100 stocks identifies ten midcap stocks projected to deliver significant returns over the next year, with potential upside ranging from 30% to 60%. Notable mentions include Kalyan Jewellers and Swiggy, both receiving strong buy ratings from analysts.
- 01Kalyan Jewellers shows the highest potential upside of 59%.
- 02Swiggy and Coforge are both expected to rise by 46%.
- 03Indian Railway Catering has an estimated upside of 45%.
- 04Info Edge and Patanjali Foods are projected to increase by 41% and 40%, respectively.
- 05Max Financial is expected to grow by 30%.
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Recent analysis of Nifty Midcap 100 stocks highlights ten midcap companies with promising upside potential over the next 12 months. Kalyan Jewellers, currently trading at ₹405, has the highest projected upside of 59%, with a target price of ₹643 based on consensus from 9 analysts who rate it as a STRONG BUY. Swiggy, priced at ₹287, is expected to reach ₹419, indicating a 46% upside, supported by 25 analysts recommending a BUY. Coforge, trading at ₹1,151, has a target of ₹1,678, also suggesting a 46% upside, with a BUY consensus from 31 analysts. Other notable stocks include Indian Railway Catering, Info Edge, and Patanjali Foods, with expected upsides of 45%, 41%, and 40%, respectively. The analysis provides a roadmap for investors seeking high-potential midcap opportunities.
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Investors in midcap stocks may find lucrative opportunities with significant potential returns, influencing investment strategies and market dynamics.
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