Waaree Renewables, IFCI, Cochin Shipyard: Top 7 mid cap stocks with up to 452% return in 1 year; know which has turned Rs 2.50 lakh into Rs 13.80 lakh
Waaree Renewables has given 451.94 per cent return in 1 year. On the other hand, IFCI's 1-year return is 426.89 per cent.
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Top 7 mid cap stocks with up to 452% return in 1 year: Mid cap companies have two categorisation criteria. Under the first criterion, companies with a market value between Rs 5,000 crore and Rs 20,000 crore are mid caps. Securities Exchange Board of India (Sebi), on the other hand, says that companies from 101st to 250th in terms of the highest market value are mid caps.
Mid cap companies are more stable than small cap firms.
Many mid caps also have growth potential since they can become large caps.
So, many mid cap stocks can provide good returns and growth.
With investors keenly investing in stocks, many mid cap stocks have turned multibaggers in 1 year.
As many as 79 mid cap stocks have given multibagger returns, of which 18 have given over 200 per cent return in 1 year.
In this write-up, know the top 7 stocks in 1 year, and what Rs 2.50 lakh investment in each stock has turned into in the same time frame.
Waaree Renewables
The company that is into renewable electricity generation has emerged as the top mid cap gainer in 1 year with a 451.94 per cent return.
The company has a market value of Rs 15,112.06 crore, while its stock closed the trading session on BSE on Thursday (August 22, 2024) at 1,451.00.
A Rs 2,50,000 investment in the stock has grown to Rs 13,79,854.
IFCI
The non-banking finance company (NBFC) has given a 426.89 per cent return in 1 year.
It has a market value of Rs 18,781.27 crore, while its stock closed trading on Wednesday at Rs 71.86.
A Rs 2,50,000 investment in the stock has grown to Rs 13,17,225.00 in 1 year.
Cochin Shipyard
The mid cap PSU that builds and repairs ships for Indian defence has given 399.22 per cent return in 1 year.
It has a market value of Rs 54,473.51 crore, while its stock closed trading on Wednesday at Rs 2,070.60.
A Rs 2,50,000 investment in the stock has swelled to Rs 12,48,050.00 in 1 year.
Ge T&D India
The company that is in the power supply chain has given 375.71 per cent return in 1 year.
It has a market value of Rs 41,974.99 crore, while its stock closed trading on Wednesday at Rs 1,639.35.
A Rs 2,50,000 investment in the firm has turned into Rs 1,189,275.00 in 1 year.
Inox Wind Energy
The renewable energy mid cap company has given a 359.99 per cent return in 1 year.
It has a market value of Rs 14,305.29 crore, while its stock closed trading on Wednesday at Rs 11,874.00.
A Rs 2,50,000 investment in the stock has converted into Rs 11,49,975.00.
Inox Wind
The company that is in energy and power projects has given 358.73 per cent return in 1 year.
It has a market value of Rs 29,120.24 crore, while its stock closed trading on Wednesday at Rs 223.35.
A Rs 2,50,000 investment in the company has converted into Rs 11,46,825.00.
TVS Holdings
The automaker has given 346.82 per cent return in the 1-year period.
The automaker has a market value of Rs 26,794.97 crore.
Its stock closed the trading session on Wednesday at Rs 13,243.80.
A Rs 2,50,000 investment in the firm has grown to Rs 11,17,050.00 in 1 year.
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