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High-quality mid-cap stocks to consider for excellent returns!
Henil Shah
/ Categories: Trending, Mindshare

High-quality mid-cap stocks to consider for excellent returns!

Over the previous year, broader markets have outperformed the Nifty 50 by a wide margin. In this post, we will present the top ten solid mid-cap companies to explore.

In the previous year, the Nifty Mid-Cap 150 Total Returns Index (TRI) returned 34.9 per cent, while the Nifty 50 TRI returned 18.7 per cent. When we compare the median one-year, three-year, and five-year rolling returns of Nifty 50 TRI and Nifty Mid-Cap 150 TRI, we see that Nifty Mid-Cap 150 TRI outperforms Nifty 50 TRI in all three periods. However, one thing to keep in mind is that the risk for Nifty Mid-Cap 150 TRI is higher than for Nifty 50 TRI. 

 

 

 

As shown in the graph above, mid-caps outperform large-caps. Surprisingly, when we invest for a longer time horizon, the disparity between their median rolling returns grows. However, when we examine the median one-year, three-year, and five-year rolling returns of quality midcaps, they are 18 per cent, 18.1 per cent, and 19.4 per cent, respectively. The Nifty Mid-Cap 150 Quality 50 TRI has been deemed to be its representation. Now, these returns outperform the Nifty Mid-Cap 150 TRI and the Nifty 50 TRI by a wide margin across all timeframes. As a result, investing in quality mid-cap stocks makes far more sense.  

 

As a result, we've compiled a list of the top ten excellent mid-cap companies to explore. 

 

Trailing Returns (%)

1-Year

3-Year

5-Year

10-Year

Tata Elxsi Ltd.

166.39

103.75

59.10

52.05

Page Industries Ltd.

39.76

21.57

24.44

31.84

Crompton Greaves Consumer Electricals Ltd.

-1.33

23.46

15.18

-

ICICI Securities Ltd.

82.38

56.71

-

-

MindTree Ltd.

133.19

64.90

54.27

42.76

Bharat Electronics Ltd.

46.47

36.18

7.28

15.75

Astral Ltd.

38.88

47.05

50.93

58.63

Mphasis Ltd.

86.52

44.43

40.33

23.47

Supreme Industries Ltd.

5.61

26.45

15.40

27.31

Voltas Ltd.

13.67

32.16

29.07

28.40

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