By Aditya Raghunath
Investing.com -- Mid-cap company stocks have been on a roll in 2021. They have seen massive investor interest, and after delivering good results have seen their share prices climb up a lot. The NIFTY Midcap 100 has gained almost 35% between January 1-June 3 compared to the Nifty 50 that has gained only 12.5% in the same time period.
Here are five midcap stocks that have gained between 65-102% in 2021 so far:
- Adani Power Ltd (NS: ADAN )
Price on December 31, 2020: Rs 49.8
Price on June 3, 2021: Rs 100.75
Percentage Gain: 102%
- Bharat Heavy Electricals Ltd. (NS: BHEL )
Price on December 31, 2020: Rs 35.9
Price on June 3, 2021: Rs 72.35
Percentage Gain: 101.5%
- JSW Energy Ltd (NS: JSWE )
Price on December 31, 2020: Rs 67.8
Price on June 3, 2021: Rs 136.15
Percentage Gain: 101%
- Container Corporation of India Ltd (NS: CCRI )
Price on December 31, 2020: Rs 399.3
Price on June 3, 2021: Rs 707.8
Percentage Gain: 77%
- Steel Authority of India Ltd. (NS: SAIL )
Price on December 31, 2020: Rs 74.1
Price on June 3, 2021: Rs 122.35
Percentage Gain: 65%
Nifty and the BSE Sensex 30 have hit record highs, and so have the midcap indexes. Will the stock prices continue to rise? A lot depends on how soon the economy reopens and vaccinations are delivered.
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