Stocks outperforming the S&P BSE Midcap Index

Stocks outperforming the S&P BSE Midcap Index

by 5paisa Research Team Last Updated: 2022-02-16T18:50:11+05:30

S&P BSE Midcap Index is consolidating in a downward sloping channel making lower highs and lower lows. Read on to find out stocks that outperformed this midcap index.

Post making an all-time high of 27,246.34, the S&P BSE Midcap Index started its southwards journey. This downward sloping channel contains a series of lower highs and lower lows. Although, it tried to reverse this trend in mid-January by breaching its preceding lower high. However, this proved to be a fake reversal and the index again continued its lower tops and lower bottom journey. Having said that, in the last one week, one month and three months, S&P BSE Midcap Index has underperformed the S&P BSE Sensex. Therefore, having a stock specific view is advisable.

At present, its crucial resistance zone ranges from 24,785.74 to 25,237.75. On the flip side, its crucial support is at 23,246.91 and 23,377.24 levels. Despite such a performance, we have midcap stocks that have outperformed the S&P BSE Midcap Index. In this article, we would be listing top stocks that have scored over S&P BSE Midcap Index in the last three months.

Trailing Returns (%) 

3-Month 

1-Year 

3-Year 

Adani Power Ltd. 

23.75 

133.04 

49.92 

SRF Ltd. 

14.08 

122.48 

78.44 

Rajesh Exports Ltd. 

23.65 

73.20 

13.38 

Jindal Steel & Power Ltd. 

6.86 

34.46 

44.11 

JSW Energy Ltd. 

2.39 

335.07 

71.78 

Bajaj Holdings & Investment Ltd. 

7.58 

47.85 

18.56 

Cholamandalam Investment & Finance Company Ltd. 

4.60 

27.30 

41.87 

AU Small Finance Bank Ltd. 

6.95 

18.59 

31.06 

Canara Bank 

8.96 

52.57 

4.83 

Aditya Birla Capital Ltd. 

10.90 

23.80 

13.16 

Tata Communications Ltd. 

4.03 

27.19 

36.59 

Page Industries Ltd. 

1.51 

37.42 

23.46 

Oil India Ltd. 

2.71 

96.29 

9.80 

Biocon Ltd. 

11.73 

-0.92 

9.53 

Procter & Gamble Hygiene & Health Care Ltd. 

4.24 

16.59 

16.28 

Natco Pharma Ltd. 

5.21 

5.67 

14.89 

Cummins India Ltd. 

3.23 

25.46 

11.77 

SJVN Ltd. 

5.57 

13.04 

6.32 

Vodafone Idea Ltd. 

6.44 

-11.16 

-15.97 

Yes Bank Ltd. 

4.21 

-16.31 

-60.40 

 

S&P BSE Midcap Index 

-8.70 

19.72 

20.14 

 

Also read: High momentum stocks to watch for tomorrow!


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