Sona BLW, Solar Industries, Oracle, Aurobindo Pharma, CG Power: Midcap performers of 2026, price targets and more
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Sensex is down 13% and Nifty has lost 12.46% this year.
- ✓Sona BLW and Solar Industries defied this correction in 2026, gaining 67% and 62% respectively.
- ✓Jefferies said, "We believe company’s defence business expansion from 27 per cent to 40 per cent of sales should drive 31% earnings CAGR."
Story at a Glance
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- MARKET
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- India Economy
Sensex is down 13% and Nifty has lost 12.46% this year.
Here's a look at the top five stocks in the midcap space that have defied correction in 2026.
Sona BLW Precision: Elara Capital has a buy rating on the stock with a buy call. It has a target price of Rs 919 on the stock. Global investment bank has a buy call on the stock with a targte price of Rs 814. The stock has risen 67% in 2026.
YES Securities has an add call on the stock with a target price of Rs 832.
It expects Q2 Revenue to grow by 20.6% YoY (+5.5 QoQ) at Rs 1370 crore (including railway business). The brokerage expects base business revenues to decline both YoY/QoQ led by lower offtake in the US and EUR. Due to cost inflation, weak mix and higher operating expenses, EBITDA margins are expected to fall 280bp YoY (-40bp QoQ) at 22.1%. Adjusted pofit after tax to grow by 7.1% YoY (3% QoQ) at Rs 184 crore.
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