Best Nifty Midcap 50 stocks to Invest
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Midcap companies are the companies where most of the investors are focusing on. Since these are the companies which gives higher return in compare to large cap companies. Again, these are the companies which are likely to be large cap going ahead. However, all the midcap companies are not grow at a same speed. A few will grow at higher speed than others. A few companies has already proven their strength by providing strong result year of year.
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How we choose Best Nifty Midcap 50 stocks
We have used a few fundamental parameters as below to fine tune the companies out of Nifty Midcap 50 stocks.
Nifty Midcap 50 stocks are the companies which are able to made their place among the NSE index of Nifty Midcap 50. This proves that these companies are fundamentally good as NSE chooses only good fundamental companies along with strong management to use them in its index.
We have used below parameters to choose the best out of these Nifty Midcap 50 stocks. As per my analysis if the Price to equity ratio is less than Earning per share then the valuation of the stock is reasonable or the stock is available at lower valuation.
Fundamental Parameters Considered
- Return on Capital Employed > 15%
- Yearly PE ratio < EPS
- Debt to Equity ratio < 1
- Yearly Gross sales > Previous Years Gross Sales
- Return on Equity > 20
Please comments if you have different view.
Best Nifty Midcap 50 stocks to Invest
| Stock Name | Symbol | ROCE | RoE | PE Ratio | EPS | Market Cap (INR Cr.) |
|---|---|---|---|---|---|---|
| Petronet Lng Limited | PETRONET | 32.19 | 22.99 | 12.95 | 23.38 | 48,397.5 |
| Page Industries Limited | PAGEIND | 59.14 | 46.45 | 77.26 | 483.55 | 41,670.4 |
| Tube Investments of India Ltd | TIINDIA | 38.77 | 33.1 | 52.18 | 68.32 | 68,973.3 |
| L&t Technology Services Limited | LTTS | 37.03 | 26.09 | 46.91 | 120.31 | 59,685.35 |
| Persistent Systems Limited | PERSISTENT | 31.44 | 26.36 | 59.22 | 66.84 | 60,974.53 |
| HDFC Asset Management Company Ltd | HDFCAMC | 30.78 | 23.74 | 44.48 | 83.29 | 79,090.5 |
| Coforge (Niit Tech) | COFORGE | 31.71 | 26.28 | 50.39 | 113.08 | 35,227.76 |
| Mphasis Limited | MPHASIS | 29.10 | 22.49 | 29.50 | 82.91 | 46,218.2 |
| Oracle Financial Services Software Limited | OFSS | 35.48 | 25.35 | 33.74 | 246.74 | 72,152.73 |
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Final Words
Stock market is always risky. Before investing in any stock it is important to understand the company. Understand the management discussion and financial performance of the company from the Annual report of the company. You can download Annual Report Pdf here.
Frequently asked Questions
What is Nifty Midcap 50 Index
NSE chooses top 50 midcap companies based on market capitalization to use them in this index. In this article you will get best midcap stocks out of Nifty Midcap 50 stocks.
What is Nifty Midcap 50 stocks list
To find the nifty midcap 50 stocks list, find the article in the link.
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