It's been a fantastic 2-years for mid cap stocks, with the mid cap indices beating gains seen in the Sensex during this period.
It's also been 2 years that the Narendra Modi Government is in power. Here are 7 midcap stocks that saw whopping gains in the last two years.
Bajaj Finance
If there is one stock that has given superlative returns in the last two years, it has to be Bajaj Finance.
The stock has been on a roll in the last two years, jumping from Rs 1770, on May 21, 2014 to the current levels of Rs 7700. The rally has largely been led by solid financial performance by the company.
Getting almost 4-5 times of investment in 2 years is definitely fantastic.
Ashok Leyland
Ashok Leyland has been another fantastic performer in the last 2 years.
The stock has jumped from levels of Rs 29 in May 2014 to the current levels of Rs 99, rising almost 3.5 times in the process. The heavy commercial vehicle makes has also backed the rally through good financial performance.
Britannia
A lot of FMCG and stocks have done well in the last 2 years and one among them is Britannia.
The biscuit to dairy major, has shown superb growth in profits and sales in the last two years. The stock which was trading at Rs 894, two years back, is now at Rs 3000. Not bad for a midcap stock.
HPCL
Oil marketing company's have had a splendid run in the last 1 year, thanks to a sharp drop in crude prices.
HPCL has seen its profits soar thanks to a drop in crude prices. The stock has jumped 250 per cent in the last 2 years.
Marico
Marico, the makers of Prachute Oil and a host of other products, like other FMCG major, Britannia has seen tremendous growth.
Volumes in the last few years and rapid additions to portfolio has helped the company. The stock has moved from Rs 115 in May 2014 to in 244 in May 2016.
Berger Paints
Berger Paints, has also benefited from a drop in crude prices, as it is one of the key inputs in the manufacture of paints.
This has led to good financial performance at the company, with the stock following suit.
3M India
3M India is another stock that gained, jumping from Rs 3774 to Rs 12,708 in the last 2 years.
The company has a presence in very wide areas ranging from display and graphics to electronics, electrical & communications to office products.
More From GoodReturns

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?

Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis

Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why

Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?



Click it and Unblock the Notifications