8 midcap stocks rally up to 135% in a year; 2 turn multibaggers - Midcap Momentum
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓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.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
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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Economic Times
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