Top Midcap stocks that doubled in 1 year in 2016

Top Midcap stocks that doubled in 1 year in 2016Top Midcap stocks that doubled in 1 year in 2016


In the last one year, NIFTY / SENSEX has lost over 4%. However, mid-cap stocks have been performing well. S&P Mid-cap index has done well and gained over 6%. Some of the top mid-cap stocks have doubled in one year. Some of the best mid-cap stocks have gained over 70% in just 1 year. In this article, I would provide some of the good mid-cap stocks that have doubled in 1 year in 2016. I would also provide some best mid-cap stocks that have gained over 70% in last 1 year.

Top Midcap stocks that doubled in 1 year in 2016


Also Read: Top Mutual Funds that gave amazing returns in last 10 years

1) Spicejet Ltd

SpiceJet is a low-cost airline headquartered in Gurgaon, India. It is the fourth largest airline in the country by number of passengers carried, with a market share of 13.1% as of February 2016.

This mid-cap stock has been lagging behind in price appreciation for some time. In last one year, this stock price has increased by 250%. This stock was trading at Rs 19 in last May-2015 and now currently trading at Rs 68.

2) Balrampur Chinni


Balrampur Chini Mills Ltd is one of the largest integrated sugar manufacturing companies in India. Its allied business consists of manufacturing and marketing of Ethyl Alcohol & Ethanol, generation and selling of power and manufacturing and marketing of organic manure . Company has sugar 11 factories located in U.P. having an aggregate crushing capacity of 79,000 tons per day.

Sugar stocks have not been in favor of investors in recent years. However, due to the recent rally in sugar stocks, this stock price has increased by 157%. This stock was trading at Rs 42 in last May-2015 and now currently trading at Rs 108.

3) Rajesh Exports


Rajesh Exports Limited was incorporated in 1989. The company is a global leader in the Gold business. REL is headquartered in Bangalore, India with operations spread across the world. The only company in the world with presence across the entire value chain of Gold from refining to retailing. The largest processor of gold in the world, REL processes 35% of gold produced in the world.  Largest exporter of gold products from India. Lowest cost gold Jewellery producer in the world.

World's finest gold products manufacturing and R&D facilities at various places, main facility being in Bangalore, India and the main refining facility being at Balerna, Switzerland.

Rajesh Exports Q4 net up by 20% to Rs 247 Crores.

In last one year, this stock price has increased by 150%. This stock was trading at Rs 229 in last May-2015 and now currently trading at Rs 572.

4) Jubilant Life Sciences


Jubilant Life Sciences is an integrated global Pharmaceutical and Life Sciences Company engaged in manufacture and supply of APIs, Solid Dosage Formulations, Radiopharmaceuticals, Allergy Therapy Products and Life Science Ingredients.

On 31st May, 2016, it got shareholders nod to raise USD 200 Mn for expansion and working capital needs.

In last one year, this stock price has increased by 110%. This stock was trading at Rs 170 in last May-2015 and now currently trading at Rs 361.

Also Read: How Technical Analysis should be mixed with Fundamental Analysis in picking up right stock?

Other mid-cap gains that gained over 70% in last 1 year


5) Chennai Petroleum

Chennai Petroleum Corporation Limited (CPCL) is K P Singh owned oil and gas corporation headquartered in Chennai, India. It was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC). From the grassroots stage CPCL Refinery was set up with an installed capacity of 2.5 Million Tonnes Per Annum (MMTPA) in a record time of 27 months at a cost of Rs. 430 million without any time or cost overrun.

In last one year, this stock price has increased by 80%. This stock was trading at Rs 111 in last May-2015 and now currently trading at Rs 200.

6) Indiabulls Real Estate


Indiabulls Housing Finance Ltd (IBHFL) incorporated in May’ 2005 as a subsidiary of Indiabulls Financial Services Ltd., registered as a Housing Finance Company and regulated by National Housing Bank. It provides Home loans and Loan against Property to individuals and corporates for purchase/construction of residential property. IBHFL is the 2nd largest private housing finance company in India by profits.

In last one year, this stock price has increased by 73%. This stock was trading at Rs 59 in last May-2015 and now currently trading at Rs 102.

7) Bajaj Finance


Bajaj Finance Limited is a leading Non-Banking  Financial Company in India, offering Personal Loans up to Rs. 25 lakhs for salaried individuals and is one of the largest consumer durables financiers in India.

In May last week, the company has announced its Q4 results and its profits jumped by 36% to Rs 315 Crores.s

In last one year, this stock price has increased by 73%. This stock was trading at Rs 4,373 in last May-2015 and now currently trading at Rs 7,575.

8) KPIT Technologies


KPIT provides technology consulting & product engineering services & solutions to Automotive, Manufacturing, Energy, Utilities, & Life Sciences industries.

Last week, several leading brokerages recommended to buy this stock.

In last one year, this stock price has increased by 71%. This stock was trading at Rs 106 in last May-2015 and now currently trading at Rs 180.

Also Read: Where is Indian Warren buffet – Rakesh Jhunjhunwala invest now in 2016?

9) Godfrey Philips


Godfrey Phillips India is the Best Tobacco Manufacturer in India & also the Best Tobacco Distributor. Also deals with Pan Vilas, Pan Masala & Symphony and Premier Teas.

Last week, leading stock expert Ashwini Gujral indicated buy on this stock.

In last one year, this stock price has increased by 70%. This stock was trading at Rs 523 in last May-2015 and now currently trading at Rs 887.

10) Mahindra Holidays


Mahindra Holidays & Resorts India Ltd., (MHRIL) is a part of the Leisure and Hospitality sector of the Mahindra Group. Started in 1996, the company’s flagship brand ‘Club Mahindra Holidays’, today has a fast growing customer base of over 194,000 members and 44 beautiful resorts at some of the most exotic locations in India and abroad. 

Ten days back, Q4 results were announced for Mahindra Holidays and it posted a profit of Rs 32 Crores.

In last one year, this stock price has increased by 67%. This stock was trading at Rs 246 in last May-2015 and now currently trading at Rs 413.

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Suresh
Top Midcap stocks that doubled in 1 year in 2016

10 comments

  • Salgarkarsunil

    Hi
    want to know good pharmaceutical stock for six month investment is this right time

  • sreeja

    Is india bulls real estate and spice jet a good buy now also?

    • Dinesh Shirvaikar

      No. Real estate is not in the best of shapes currently. Besides IBRE has run up quite a bit and further upside is limited.
      All aviation stocks are dependent on ATF prices which keep fluctuating. Besides, it has run up nearly 3 times from where it was. So again, the run-up looks limited.

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