Explore these high-quality mid-cap stocks!

resr 5paisa Research Team

Last Updated: 15th December 2022 - 11:06 am

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Broader markets have beaten the Nifty 50 by a large margin in the preceding year. In this piece, we'll look at the top 10 excellent mid-cap stocks to look into. 

The Nifty Mid-Cap 150 Total Returns Index (TRI) returned 34.9% last year, compared to 18.7% for the Nifty 50 TRI. When we analyse the median one-year, three-year, and five-year rolling returns of Nifty 50 TRI and Nifty Mid-Cap 150 TRI, we notice that Nifty Mid-Cap 150 TRI beats Nifty 50 TRI in all three periods. However, keep in mind that the risk for Nifty Mid-Cap 150 TRI is larger than for Nifty 50 TRI.

The Nifty Mid-Cap 150 TRI has one-year, three-year, and five-year rolling returns of 15.04%, 13.11%, and 14.77%, respectively, while the Nifty 50 TRI has 14.21%, 11.01%, and 12.19%. Interestingly, the gap between their median rolling returns widens when we invest for a longer time horizon. However, the median one-year, three-year, and five-year rolling returns of quality midcaps are 18%, 18.1%, and 19.4%, respectively.

The Nifty Mid-Cap 150 Quality 50 TRI has been chosen to symbolise it. Across all periods, these returns now surpass the Nifty Mid-Cap 150 TRI and the Nifty 50 TRI by a substantial margin. As a result, it makes significantly more sense to invest in solid mid-cap companies.

As a consequence, we've prepared a list of the top 10 outstanding mid-cap businesses to investigate. 

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 

  

Also read: 5 BTST/STBT Stocks: BTST/STBT Stock List for today February 11

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