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Valuation Check: 9 midcap stocks trading well above industry PE
Midcap stocks with P/E ratios above industry averages signal strong growth expectations and investor confidence. However, elevated valuations may also indicate overpricing risks. This list highlights ten such NSE stocks, excluding financials, identified through valuation screening.
Midcap Meltdown: 12 stocks slide up to 50% from 52-week highs, FIIs cut stakes
Midcap stocks have seen sharp corrections despite index resilience, with most of the worst performers witnessing FII stake cuts, signalling cautious sentiment in the segment.
Vedanta upside intact over 2–5 years; midcap IT better placed than large peers: Deven Choksey
Deven Choksey, MD of DRChoksey Finserv Private Limited, says IT remains in transition as large players shift toward AI-led, outcome-based models, while mid-tier firms like Persistent and Tata Elxsi stay better placed. He sees housing finance improving on write-backs and growth, and remains positive on AMCs amid rising AUM flows. Insurance growth stays steady, while engineering names face margin volatility. On Vedanta, he believes the demerger keeps the 2–5-year value story intact.
CLSA says Nifty has given a new signal on the charts; check potential returns and top midcap 'buys'
Laurence Balanco of CLSA has shared five midcap ideas: BSE, MCX, Apollo Tubes, Dixon Technologies and Aurobindo Pharma.
Sensex Today | Stock Market Highlights: Nifty ends below 24,200 as banks weigh
Stock Market Highlights: The Sensex fell 123 points to 77,989, while the Nifty 50 declined 35 points to 24,197, slipping below the 24,200 mark. The Nifty Bank dropped 216 points to 56,086, while the midcap index outperformed, rising 369 points to 59,147, with market breadth remaining positive at an advance-decline ratio of 2:1.
Bears back on Dalal Street! Sensex tumbles over 700 points from day’s high, Nifty ends below 24,200
Indian stock markets faced significant intraday losses on Thursday. The Sensex and Nifty, after opening strong, reversed gains to end lower. This volatility coincided with the weekly expiry of Sensex F&O contracts. Despite the benchmark indices falling, smallcap and midcap stocks showed resilience. Key banking and auto stocks were among the decliners, while Trent and Zomato parent shares surged.
FIIs, retail investors raise stakes in 7 midcap stocks in Q4; stocks slip up to 27%
FIIs and retail investors increased stakes in nine midcap stocks in Q4, yet seven counters have delivered negative CY26 returns so far, slipping up to 27% despite rising ownership.
Midcap IT stocks see gains of up to 14% led by Firstsource, Sonata Software
Firstsource Solutions led the pack, surging 14% — its biggest single-day gain since December 2020. Coforge rose 4%, while Mphasis advanced 2% during the session.
How a midcap IT firm rewired itself for AI — and the lessons therein
CNBC-TV18 spoke to several executives at the Bengaluru-based Happiest Minds to understand how the $600-million firm built its AI strategy: from a decade-old foundation to a single engineer overseeing ten digital agents. The article delves into the decisions related to allocation of resources, employees, and pricing, to name a few.
India's midcap winners: Four stocks, five years, up to 100x gains - Mint
India's midcap winners: Four stocks, five years, up to 100x gainsMint
Closing bell | Late recovery caps losses as markets end weak; Nifty holds above 23,800
Markets ended lower but recovered sharply from intraday lows, with Nifty holding above 23,800, as banking and midcap indices rebounded, even as broader sentiment remained weak amid sectoral divergences.
IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.