8 Midcap Stocks Poised for Over 50% Upside: Are You In?
For investors on the lookout for the next breakout opportunities, a recent analysis of Nifty Midcap 100 stocks has identified several compelling prospects. Based on consensus estimates, data from Trendlyne shows that several midcap stocks are poised to deliver strong returns over the next 12 months. The projected upside represents the average expected gain during this period, providing a data-driven roadmap for investors seeking high-potential midcap ideas. We highlight 8 standout midcap stocks with estimated upside potential ranging from 40% to 85% over the coming year.
Kalyan Jewellers is currently trading at Rs 367. Analysts have set a target price of Rs 679, implying an upside potential of 85%. Of the nine analysts tracking the stock, the consensus recommendation is Strong Buy.
Godrej Properties is trading at Rs 1,541. Based on analyst estimates, the target price stands at Rs 2,548, indicating a potential upside of 65%. Among the 22 analysts covering the stock, the consensus rating is Buy.
Tube Investments of India is currently priced at Rs 2,219, and analysts have set a target of Rs 3,537, suggesting an upside potential of 59%. The consensus rating from six analysts is Buy.
Suzlon Energy is trading at Rs 46. Analysts have pegged a target price of Rs 73, which implies an upside of 59%. Of the 11 analysts tracking the stock, the overall consensus is Strong Buy.
Swiggy is currently trading at Rs 312. Analysts expect it to reach a target price of Rs 484, translating into a potential upside of 55%. The consensus rating from 25 analysts is Buy.
Dixon Technologies is trading at Rs 10,360. Analysts have set a target price of Rs 15,958, indicating an upside potential of 54%. Among the 30 analysts covering the stock, the consensus recommendation is Buy.
IRB Infrastructure Developers is currently trading at Rs 39.72. With a target price of Rs 59, analysts see an upside potential of 49%. The consensus rating from six analysts is Buy.
Prestige Estates Projects is trading at Rs 1,389, while analysts have set a target price of Rs 1,955, implying an upside of 40%. Of the 21 analysts covering the stock, the consensus rating is Buy.
These stocks represent a mix of sectors, including jewelry, real estate, manufacturing, energy, and technology, offering investors a diversified portfolio of high-potential midcap opportunities. Each stock has been analyzed by multiple analysts, providing a robust basis for the projected upside. Investors should, however, conduct their own due diligence and consider their risk tolerance before making any investment decisions.
