MidCap Stocks ; Investors always seek opportunities to buy fundamentally strong stocks at a discount, maximizing potential returns while minimizing risk. Mid-cap stocks, which typically have a market capitalization between ₹27,600 crore and ₹84,300 crore, offer an ideal balance between stability and growth potential. Currently, several financially robust mid-cap stocks are trading at up to 40% below their 52-week highs, presenting attractive entry points for long-term investors.
Here’s a detailed analysis of five such stocks that are worth keeping an eye on:
1. Kaynes Technology India Limited
Market Cap: ₹32,191.02 crore
Current Price: ₹5,041
52-Week High: ₹7,824.95 (Down 40.37%)
1-Year Return: +74.97%
YTD Return: -33.48%
Kaynes Technology is a leading integrated electronics manufacturing services (EMS) provider in India, specializing in end-to-end and IoT solutions. The company serves key industries such as automotive, aerospace, defense, medical, and industrial automation.
Financial Performance
- Revenue Growth: 29.86% YoY (₹509 crore in Q3 FY24 → ₹661 crore in Q3 FY25)
- Net Profit Growth: 46.67% YoY (₹45 crore → ₹66 crore)
With a growing demand for electronics manufacturing in India, Kaynes Technology is poised for further expansion, making its current discounted price a lucrative opportunity for investors.
2. KPIT Technologies Limited
Market Cap: ₹37,485.05 crore
Current Price: ₹1,368.15
52-Week High: ₹1,928.75 (Down 34.64%)
1-Year Return: Negative
YTD Return: -8.46%
KPIT Technologies specializes in software solutions for the automotive industry, focusing on software-defined vehicles and smart mobility innovations. As the automotive industry shifts toward electric and autonomous vehicles, KPIT is strategically positioned to capitalize on these trends.
Financial Performance
- Revenue Growth: 17.58% YoY (₹1,257 crore in Q3 FY24 → ₹1,478 crore in Q3 FY25)
- Net Profit Growth: 19.11% YoY (₹157 crore → ₹187 crore)
Despite recent stock price corrections, KPIT’s strong fundamentals and future growth potential in the mobility tech space make it a stock to watch.
3. Apar Industries Limited
Market Cap: ₹29,335.72 crore
Current Price: ₹7,303.20
52-Week High: ₹11,797.35 (Down 39.16%)
1-Year Return: Negative
YTD Return: -29.68%
Apar Industries is a leader in power transmission conductors and specialty oils, making it a key player in India’s infrastructure and energy sectors. The company has a strong presence in global markets and benefits from rising investments in power infrastructure.
Financial Performance
- Revenue Growth: 17.64% YoY (₹4,009 crore in Q3 FY24 → ₹4,716 crore in Q3 FY25)
- Net Profit Decline: -19.72% YoY (₹218 crore → ₹157 crore)
Despite a drop in net profit, Apar Industries remains a dominant force in its sector, and the current discounted stock price could offer a solid entry point for long-term investors.
4. Thermax Limited
Market Cap: ₹44,873.67 crore
Current Price: ₹3,765.95
52-Week High: ₹5,835 (Down 37.71%)
1-Year Return: Negative
YTD Return: -4.30%
Thermax specializes in energy and environmental solutions, providing sustainable heating, cooling, water treatment, and pollution control systems. As industries focus on sustainability, Thermax’s solutions are in high demand.
Financial Performance
- Revenue Growth: 13.47% YoY (₹2,302 crore in Q3 FY24 → ₹2,612 crore in Q3 FY25)
- Net Profit Growth: 24.53% YoY (₹159 crore → ₹198 crore)
With global emphasis on clean energy solutions, Thermax’s business model is well-positioned for steady long-term growth, making the stock’s current price decline an attractive investment opportunity.
5. GE Vernova T&D India Limited
Market Cap: ₹42,022.36 crore
Current Price: ₹1,641.20
52-Week High: ₹2,215.70 (Down 28.30%)
1-Year Return: Negative
YTD Return: -19.47%
GE Vernova T&D India specializes in power transmission and distribution solutions, including transformers, switchgears, and grid automation systems. The company plays a crucial role in India’s power infrastructure development.
Financial Performance
- Revenue Growth: 58.74% YoY (₹698 crore in Q3 FY24 → ₹1,108 crore in Q3 FY25)
- Net Profit Growth: 291.89% YoY (₹145 crore → ₹145 crore)
With India’s increasing power demands and ongoing infrastructure development, GE Vernova T&D is in a prime position for growth, and its stock price correction presents a compelling buy opportunity.
Conclusion
The current market downturn has resulted in significant price corrections in several mid-cap stocks. However, the underlying fundamentals of these companies remain strong, and their discounted valuations present an excellent opportunity for investors looking for quality stocks at attractive prices.
Before making any investment decisions, investors should conduct further research and consider their risk appetite. However, the five stocks listed above offer significant growth potential in their respective industries, making them worthy additions to a watchlist for long-term wealth creation.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.