Top 10 – Best Mid Cap Stocks to Buy for Long Term in India 2024

There are people who keep on asking which is the best mid cap stocks to buy and hold or best mid cap stocks for long term investment in India 2024. As mostly everyone is only aware of it that top mid cap stocks with highest upside potential in India 2024 gives higher returns then large cap stocks.

Here in this article we have focused to guide you towards what are mid cap stocks meaning along with top 10 midcap stocks in India for 2024. Along with this we are providing you a list of best mid cap stocks with big potential in India 2024, which will assist you in your research for picking, holding, selling or buying best mid cap companies stock in India. After reading this article you will be in position to take your own decision that are best mid cap stocks to buy for long term in 2024 or short term in 2024 or invest in mid cap stocks to buy and hold for long term.

Mid Cap Stock Definition

What are Mid Cap Stocks? In India, where the capitalization is neither too high nor too low, we categorize the same as a mid cap stock. For example: Pfizer, Indiabulls Housing, Vardhman Textiles, Aarti Inds, Avanti Feeds, Tata Elxsi, etc. are altogether known as mid cap stocks. These stocks have a tendency to have larger instability, volatility when compared with large cap stocks. Their stocks move faster during bullish or bearish market trends with higher risk along with them.

Mid cap stocks means those stocks whose market capitalization is between INR 50 Billion and INR 100 Billion. Mid caps stocks capitalization is between the range of small cap stocks and large cap stocks. These mid cap companies stocks are moderately risky as compared to large cap and less risky than small cap companies. When any investor invests in mid caps stocks for long term investments, he might invest in a company which can leave or go bankrupt. In general terms, mid cap stocks can bring you higher returns as compared to large cap stocks.

Top 10 – Top Mid Cap Stocks to Buy for Long Term 2024

When we say best mid cap stocks for long term investment, It is advised to consider that one should select best mid cap stocks to buy and hold for not more than 3 to 5 years. The list provided below is based on EPS Ratio (Earnings Per Share Ratio) from highest to lowest along with Profit Earning Ratio (P/E Ratio) and P/BV (Price to Book Value Ratio).

This list will be very helpful when analyzing best mid cap stocks with high EPS and low P E 2024. You should consider reading EPS ratio with examples and P/E ratio with examples.

Your research, knowledge, talent will guide you in picking top small cap stocks with highest upside potential in India 2024. Apart from this you should also grab skills for technical analysis, charting skills and fundamental analysis of companies stocks to guide you in selecting Indian mid cap stocks with big potential.

Here we are going to see the top best Indian mid cap stocks with highest upside potential and growth potential. This assist you to short list from best 10 midcap stocks for long-term investors. This should not be considered as mid cap stock recommendations. But this will be helpful while research best mid cap stocks with high EPS and low P/E ratio to figure out the better with your market skills and techniques.

Sr.	Name Of Company	Intrinsic Value (IV)	Price to Earning (P/E)	Earning Per Share (EPS)	Book Value (BV)	1-Year Return (%)
1	Mrf Ltd.	47648.46	27.66	3986.94	37328.15	25.5
2	Abbott India Ltd.	7677.26	45.77	508.92	1463.07	19.49
3	Bajaj Holdings & Investment Ltd.	4756.24	14.33	498.24	4391.07	7.32
4	Oracle Financial Services Software Ltd.	2488.22	19.54	212.23	750.13	34.11
5	Bayer Cropscience Ltd.	3204.62	31.98	187.89	696.76	18.77
6	Persistent Systems Ltd.	2370.64	49.04	128.01	574.41	69.39
7	L&T Technology Services Ltd	2737.7	36.87	120.24	453.15	18.01
8	Alkem Laboratories Ltd	2091.42	34.75	119.85	823.19	39.3
9	Hindustan Petroleum Corporation Ltd.	1316.04	2.73	117.34	317.61	52.43
10	Polycab India Ltd	1969.32	49.2	107.28	479.58	105.01

Note: Values and Ratios are based on January 2024 data. This list will assist you in your research like: stocks with high EPS ratio, stocks with low P/E ratio, stocks with high EPS and low PE ratio in 2024.

Top 50 – Best Mid Cap Stocks for 2024 with Big Potential

We are presenting here mid cap companies list which will assist you in your deep research. From the list of best mid cap companies you can choose which is best suitable for your portfolio.

Below list of Top 50 Best Mid Cap Stocks for 2024. This list does not includes “Top Mid Cap Stocks to Buy” which is mentioned above.

Sr.	Name Of Company	Intrinsic Value (IV)	Price to Earning (P/E)	Earning Per Share (EPS)	Book Value (BV)	1-Year Return (%)
1	Pi Industries Ltd	2180.6	37.34	98.59	526.11	9.2
2	Motilal Oswal Financial Services Ltd.	857.16	12.64	97.9	503.66	80.77
3	Muthoot Finance Ltd.	1188.32	14.12	93.92	552.51	22.4
4	Hindustan Aeronautics Ltd	1164.2	23.39	90.38	375.12	57.64
5	Mphasis Ltd.	1647.78	27.79	85.2	419.47	19.92
6	Canara Bank	889.13	5.3	76.65	430.25	32.12
7	Lic Housing Finance Ltd.	914.13	6.1	75.72	531.31	22.87
8	Natco Pharma Ltd.	517.89	12.29	62.59	295.54	35.71
9	Deepak Nitrite Ltd.	2570.91	36.74	58.5	318.34	0.09
10	Dalmia Bharat Ltd	866.14	35.26	55.52	853.78	26.11
11	Power Finance Corporation Ltd.	544.31	5.71	54.38	282.7	215.22
12	Balkrishna Industries Ltd.	1238.36	48.98	54.19	425.47	34.15
13	Oil India Ltd.	1530.59	5.07	54.17	370.2	59.49
14	Oberoi Realty Ltd.	1169.85	24.72	53.94	353.19	50.12
15	Adani Power Ltd.	367.43	7.29	53.42	105.03	15.94
16	Ajanta Pharma Ltd.	922.39	37.46	51.53	271.75	52.14
17	Rec Ltd	491.15	6.83	48.38	241.46	229.36
18	Cummins India Ltd.	664.54	38.6	47.72	203.86	33.4
19	Sun Tv Network Ltd.	609.43	14.18	47.24	255.84	38.75
20	Tata Communications Ltd.	195.58	36.82	46.4	50.99	30.9
21	Torrent Power Ltd.	641.98	18.28	45.29	246.6	62.12
22	Colgate-Palmolive (India) Ltd.	473.27	48.71	43.13	64.83	35.94
23	Endurance Technologies Ltd	822.58	39.88	40.01	326.41	6.38
24	Jindal Steel & Power Ltd.	446.24	15.25	39.76	406.84	25.73
25	Aurobindo Pharma Ltd.	636.14	24.26	39.69	481.09	105.87
26	Icici Securities Ltd	367.17	18.09	38.34	101.34	27.2
27	Glaxosmithkline Pharmaceuticals Ltd.	348.59	42.29	38.24	90.88	19.58
28	Cholamandalam Investment And Finance Company Ltd	546.32	32.36	36.77	192.18	67.07
29	General Insurance Corporation Of India	308.79	6.96	34.77	254.17	78.1
30	Lupin Ltd.	260.89	40.83	29.26	290.82	62.21
31	Godrej Industries Ltd.	428.93	25.47	26.14	244.26	63.42
32	Au Small Finance Bank Ltd	488.6	30.35	24.08	164.64	19.43
33	Aditya Birla Capital Ltd	229.79	17.59	21.26	95.3	44.04
34	Union Bank Of India	164.89	6.86	17.03	115.3	57.01
35	Federal Bank Ltd.	210.86	9.93	16.88	104.54	11.3
36	Mahindra & Mahindra Financial Services Ltd.	224.18	17.22	16.05	150.58	35.06
37	Emami Ltd.	166.18	31.98	15.82	54.62	15.03
38	Nippon Life India Asset Management Ltd	149.23	29.51	14.16	57.1	60.43
39	Kansai Nerolac Paints Ltd.	213.77	42.5	13.84	65.39	7.59
40	Bank Of India	124.36	8.13	13.13	147.27	43.61
41	Exide Industries Ltd.	249.01	26.59	10.24	147.34	45.77
42	Jsw Energy Ltd	166.74	41.02	9.68	120.86	28.15
43	L&T Finance Holdings Ltd.	80.51	20.44	8.39	89.35	84.93
44	Castrol India Ltd.	143.98	16.25	8.24	19.96	2.21
45	Steel Authority Of India Ltd.	166.37	10.91	7.79	135.62	7.65
46	Ashok Leyland Ltd.	68.86	24.11	7.29	30.23	20.45
47	The New India Assurance Company Ltd	143.47	25.92	5.75	164.93	61.33
48	Bharat Electronics Ltd.	65.96	31.37	4.55	20.27	28.93
49	Idbi Bank Ltd.	39.13	14.77	4.44	43.08	40.47
50	Idfc First Bank Ltd	91.69	21.42	4.44	39.06	57.02

Note: Stock Price and Financial Ratios are based on January 2024 data. This would be ideal for research and analysis purpose.

If you are not much aware of technical indicators, no need to worry. You can get some knowledge reading technical indicators means, types of technical indicators, what is resistance, what is volume, types of single candlestick patterns, what is moving average and more about technical analysis for beginners while researching best mid cap stocks to buy and hold with big potential.

Also you should learn fundamental analysis of stocks by reading fundamental analysis means, what are qualitative factors, what are qualitative data analysis, read and analyze annual report of a company, what are financial ratios of the companies. You can go through our free tutorial course on fundamental analysis for beginners to gain education as a first step. This will definitely provide you better knowledge in picking best mid cap stock and also to decide whether to buy or hold for long term or short term in India.

Conclusion

Here we have seen top 10 best mid cap stocks to buy for long term investment in India 2024-2025. Our objective is to provide you the list of best mid cap companies and list of top small cap stocks with highest upside potential in India 2024 to watch on. This is purely for research and informational purpose. Take a look at it, perhaps this will help you to figure out your best decision when picking mid cap stocks to buy and hold with big potential.

Read E-Learning Tutorial Courses - 100% Free for All