9 Midcap stocks with massive upside potential of up to 45%! Do you own any?
By Ritesh Presswala, ETMarkets.com |
1/10
Upside scope
Analyst forecasts are more than just numbers; they provide a forward-looking perspective on market potential. For investors looking for the next breakout opportunities, a fresh analysis of Nifty Mid-Cap 100 stocks reveals several compelling prospects.
Based on market analysts' consensus estimates, Trendlyne data indicates that several mid-cap stocks are expected to deliver strong returns over the next 12 months. This projected upside reflects the average anticipated gain during this period, offering a data-driven roadmap for investors exploring high-potential mid-cap opportunities. We highlight nine standout mid-cap stocks with an estimated upside potential ranging between 25% and 45% in the coming year.
Based on market analysts' consensus estimates, Trendlyne data indicates that several mid-cap stocks are expected to deliver strong returns over the next 12 months. This projected upside reflects the average anticipated gain during this period, offering a data-driven roadmap for investors exploring high-potential mid-cap opportunities. We highlight nine standout mid-cap stocks with an estimated upside potential ranging between 25% and 45% in the coming year.
2/10
Swiggy
Currently trading at Rs 258, the stock has an average analyst target price of Rs 374, indicating a potential upside of 45%. Among 27 analysts tracking the company, the consensus recommendation is Buy.
3/10
Coromandel
Currently trading at Rs 1,753, the stock has an average analyst target price of Rs 2,353, indicating a potential upside of 34.2%. Among 9 analysts tracking the company, the consensus recommendation is Buy.
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4/10
Patanjali Foods
Currently trading at Rs 456, the stock has an average analyst target price of Rs 611, indicating a potential upside of 34.0%. Among 4 analysts tracking the company, the consensus recommendation is Strong Buy.
5/10
Info Edge
Currently trading at Rs 995, the stock has an average analyst target price of Rs 1,316, indicating a potential upside of 32.2%. Among 21 analysts tracking the company, the consensus recommendation is Buy.
6/10
Prestige Estates
Currently trading at Rs 1,369, the stock has an average analyst target price of Rs 1,806, indicating a potential upside of 31.9%. Among 22 analysts tracking the company, the consensus recommendation is Strong Buy.
7/10
Godrej Properties
Currently trading at Rs 1,762, the stock has an average analyst target price of Rs 2,267, indicating a potential upside of 28.6%. Among 22 analysts tracking the company, the consensus recommendation is Buy.
8/10
Indian Railway Catering And Tourism Corporation
Currently trading at Rs 509, the stock has an average analyst target price of Rs 654, indicating a potential upside of 28.3%. Among 9 analysts tracking the company, the consensus recommendation is Buy.
9/10
Jubilant FoodWorks
Currently trading at Rs 427, the stock has an average analyst target price of Rs 548, indicating a potential upside of 28.1%. Among 29 analysts tracking the company, the consensus recommendation is Buy.
10/10
Havells
Currently trading at Rs 1,176, the stock has an average analyst target price of Rs 1,482, indicating a potential upside of 25.9%. Among 36 analysts tracking the company, the consensus recommendation is Buy.