Financially strong companies have stable revenues, solid profits, low debt, and good growth potential. Mid-cap stocks are companies with a market capitalization between Rs. 27,600 crore and Rs. 84,300 crore, offering a balance of growth and stability. Currently, some strong midcap stocks are trading at up to a 40 percent discount from their 52-week high, presenting potential investment opportunities.
Here are five midcap stocks trading below up to 40 percent from the 52-week high:
1. Kaynes Technology India Limited
With a market capitalization of Rs. 32,191.02 crores, the shares of Kaynes Technology India Limited were trading at Rs. 5,041 per equity share, rising nearly around 8.03 percent from its previous day’s close price of Rs. 5,135.
The stock is down by 40.37 percent from the 52-week high of Rs. 7824.95 compared to the previous day’s close of Rs. 4,666.30. In the calendar year, the stock has given a negative return of 33.48 percent. The stock has given a return of 74.97 percent in the last one year.
Kaynes Technology India Limited’s revenue from operations has increased by 29.86 percent from Rs. 509 crore in Q3 FY24 to Rs. 661 crore in Q3 FY25. The company’s net profit has increased from Rs. 45 crore in Q3 FY24 to Rs. 66 crore in Q3 FY25, which has grown by 46.67 percent.
Kaynes Technology India Limited is a prominent integrated electronics manufacturer in India, specializing in end-to-end and IoT solutions-enabled services. The company provides Electronics System Design and Manufacturing (ESDM) services, including design, engineering, manufacturing, and life-cycle support for sectors like automotive, aerospace, defense, medical, and industrial.
2. KPIT Technologies Limited
With a market capitalization of Rs. 37,485.05 crores, the shares of KPIT Technologies Limited were trading at Rs. 1368.15 per equity share, rising nearly around 8.52 percent from its previous day’s close price of Rs. 1260.70.
The stock is down by 34.64 percent from the 52-week high of Rs. 1,928.75 compared to the previous day’s close of Rs. 1260.70. In the calendar year, the stock has given a negative return of 8.46 percent.
KPIT Technologies Limited’s revenue from operations has increased by 17.58 percent from Rs. 1,257 crore in Q3 FY24 to Rs. 1,478 crore in Q3 FY25. The company’s net profit has increased from Rs. 157 crore in Q3 FY24 to Rs. 187 crore in Q3 FY25, which has grown by 19.11 percent.
KPIT Technologies specializes in providing software solutions for the automotive industry, focusing on software-defined vehicles and mobility innovations. The company supports OEMs in reducing development costs, enhancing vehicle features, and improving consumer experiences through advanced technology integration.
3. Apar Industries Limited
With a market capitalization of Rs. 29,335.72 crores, the shares of Apar Industries Limited were trading at Rs. 7,303.20 per equity share, rising nearly around 1.75 percent from its previous day’s close price of Rs. 7,177.40.
The stock is down by 39.16 percent from the 52-week high of Rs. 11,797.35 compared to the previous day’s close of Rs. 7,177.40. In the calendar year, the stock has given a negative return of 29.68 percent.
Apar Industries Limited’s revenue from operations has increased by 17.64 percent from Rs. 4,009 crore in Q3 FY24 to Rs. 4,716 crore in Q3 FY25. The company’s net profit has decreased from Rs. 218 crore in Q3 FY24 to Rs. 157 crore in Q3 FY25, which is down by 19.72 percent.
Apar Industries Limited is a leading player in the electrical and metallurgical engineering sectors, specializing in power transmission conductors and specialty oils. The company is a manufacturer of aluminum conductors and transformer oils in Asia, serving diverse markets globally.
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4. Thermax Limited
With a market capitalization of Rs. 44,873.67 crores, the shares of Thermax Limited were trading at Rs. 3,765.95 per equity share, rising nearly around 3.61 percent from its previous day’s close price of Rs. 3,634.60.
The stock is down by 37.71 percent from the 52-week high of Rs. 5,835 compared to the previous day’s close of Rs. 3,634.60. In the calendar year, the stock has given a negative return of 4.30 percent.
Thermax Limited’s revenue from operations has increased by 13.47 percent from Rs. 2,302 crore in Q3 FY24 to Rs. 2,612 crore in Q3 FY25. The company’s net profit has increased from Rs. 159 crore in Q2 FY24 to Rs. 198 crore in Q2 FY25, which has grown by 24.53 percent.
Thermax Limited is engaged in providing sustainable energy and environmental solutions, specializing in heating, cooling, water treatment, and air pollution control. The company serves diverse industries with innovative products and services for efficient resource management.
5. GE Vernova T&D India Limited
With a market capitalization of Rs. 42,022.36 crores, the shares of GE Vernova T&D India Limited were trading at Rs. 1,641.20 per equity share, rising nearly around 3.30 percent from its previous day’s close price of Rs. 1,588.75.
The stock is down by 28.30 percent from the 52-week high of Rs. 2,215.70 compared to the previous day’s close of Rs. 1588.75. In the calendar year, the stock has given a negative return of 19.47 percent.
GE Vernova T&D India Limited’s revenue from operations has increased by 58.74 percent from Rs. 698 crore in Q3 FY24 to Rs. 1,108 crore in Q3 FY25. The company’s net profit has increased from Rs. 145 crore in Q2 FY24 to Rs. 145 crore in Q2 FY25, which has grown by 291.89 percent.
GE Vernova T&D India Limited specializes in power transmission and distribution solutions, providing a comprehensive range of products and services, including transformers, switchgears, and automation systems, to enhance grid infrastructure and support energy demands.
Written By – Nikhil Naik
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