NewsStocksThese 9 Midcap Stocks Rose Up to 300% in Two Years

These 9 Midcap Stocks Rose Up to 300% in Two Years

Author: Economic Times Markets·

Key Takeaways

  • The Nifty 50 fell nearly 5% over the last two years, while the Nifty Midcap 150 gained about 6%.
  • Around 21 midcap stocks rose more than 50% during the period, and nine became multibaggers.
  • Laurus Labs posted the biggest gain among the listed stocks, rising 296% from Rs 470 to Rs 1,862.
  • BSE, Multi Commodity Exchange of India, and Hitachi Energy India also delivered large two-year gains of 243%, 219%, and 170%, respectively.
  • The article says the data came from ACE Equity and shows that stock selection mattered more than index-level movement in this period.
These 9 Midcap Stocks Rose Up to 300% in Two Years

These 9 Midcap Stocks Rose Up to 300% in Two Years

Midcap Marvels

The Indian equity market has delivered modest returns over the past two years. The Nifty 50 slipped nearly 5% over this period, while the Nifty Midcap 150 stayed in positive territory, rising about 6%. For investors focusing only on headline indices, the period may have appeared to offer limited opportunities. But the midcap universe told a different story, with a handful of stocks delivering outsized gains even as broad benchmarks moved little.

A select group of midcap companies delivered sharp gains, with around 21 midcap stocks rising more than 50%. Nine stocks became multibaggers, significantly multiplying investor wealth over two years. The data source is ACE Equity. The spread in performance also shows how sharply returns can diverge within the same segment, making stock selection a more important driver than index-level moves during this period.

Laurus Labs

Over the last two years, the stock rallied 296%, rising from Rs 470 to Rs 1,862.

BSE

Over the last two years, the stock gained 243%, climbing from Rs 944 to Rs 3,242.

Multi Commodity Exchange Of India

Over the last two years, the stock surged 219%, moving from Rs 1,037 to Rs 3,303.

Hitachi Energy India

Over the last two years, the stock advanced 170%, rising from Rs 12,095 to Rs 32,640.

One97 Communications

Over the last two years, the stock rallied 163%, increasing from Rs 622 to Rs 1,634.

GE Vernova T&D India

Over the last two years, the stock gained 152%, moving up from Rs 1,714 to Rs 4,324.

Lloyds Metals & Energy

Over the last two years, the stock climbed 131%, rising from Rs 774 to Rs 1,790.

Radico Khaitan

Over the last two years, the stock surged 130%, advancing from Rs 1,942 to Rs 4,474.

National Aluminium Company

Over the last two years, the stock gained 104%, increasing from Rs 183 to Rs 372.