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Mid Cap Stocks List: January 2020

The list of Mid Cap Stocks in India is released twice every year – first list is out in January and the second list is released in July.

The January 2020 MidCap list takes the average market capitalisation of companies between July 2019 to December 2019.

The Top 100 companies are large caps. 101st to 250th company in terms of market capitalisation are called ‘Mid Cap Stocks’.

MRF is currently the most-valued company among Mid-caps, followed by Bharat Electronic, Indraprastha Gas, Cadila Healthcare and Shriram Transport Finance.

The Mid Cap list is where you could find the next ‘multibagger’ as it has several medium-sized companies that could become large in the future.

Mid Cap Stocks India

No.Mid Cap StockMarket Cap
(in crore)
1MRF25,587
2Bharat Electronics25,586
3Indraprastha Gas25,232
4Cadila Healthcare24,548
5Shriram Transport Finance24,285
6Whirlpool Of India24,117
7Adani Power23,999
83M India23,962
9Glaxosmithkline Pharmaceutical23,918
10Hindustan Aeronautics Limited23,911
11NHPC23,640
12Godrej Properties23,638
13Page Industries23,382
14Gillette India23,225
15Bank Of India23,181
16Honeywell Automation India23,018
17Alkem Laboratories22,775
18Abbott India22,609
19Cholamandalam Investment22,463
20LIC Housing Finance22,449
21Ashok Leyland21,693
22Voltas21,517
23The New India Assurance Company21,251
24AU Small Finance Bank20,719
25Mahindra & Mahindra Financial20,683
26Bharat Forge20,430
27Bata India20,362
28L&T Finance Holdings20,353
29IDFC First Bank Limited20,256
30Rajesh Exports20,220
31Aditya Birla Capital20,068
32TVS Motor Company19,896
33Apollo Hospitals Enterprise19,718
34Future Retail19,450
35Oberoi Realty19,231
36Vodafone Idea18,896
37Sun TV Network18,566
38Varun Beverages18,520
39Bharat Heavy Electricals18,518
40Jubilant Foodworks18,201
41Adani Enterprises18,194
42The Ramco Cements17,825
43P.I industries17,777
44Tata Global Beverages17,774
45Sundaram Finance17,662
46Federal Bank17,627
47Nippon Life India17,580
48Indian Hotels Co17,327
49Oil India17,325
50Mphasis17,310
51Dalmia Bharat16,954
52SRF16,817
53Canara Bank16,765
54Trent16,747
55Cummins India16,679
56Indiabulls Housing Finance16,626
57Adani Gas Limited16,506
58RBL Bank16,467
59Astral Poly Technik16,363
60Yes Bank16,179
61Tata Power16,118
62Pfizer16,072
63L&t Technology Services16,042
64Aditya Birla Fashion & Retail16,018
65Exide Industries15,850
66Steel Authority Of India15,821
67AIA Engineering15,771
68Balkrishna Industries15,546
69Tata Chemicals15,533
70City Union Bank15,449
71CG Consumer Electronics15,201
72Godrej Industries14,525
73Sanofi India14,491
74Supreme Industries14,384
75Emami14,192
76Aarti Industries14,133
77Endurance Technologies14,057
78IRCTC13,969
79Torrent Power13,768
80Castrol India13,030
81Gujarat Gas12,867
82Thermax12,662
83Syngene International12,614
84IPCA Laboratories12,600
85Aavas Financiers Limited12,589
86Jindal Steel & Power12,580
87Relaxo Footwears12,514
88Coromandel International12,513
89Corporation Bank12,297
90Adani Green Energy12,102
91Gujarat State Petronet12,003
92Manappuram Finance11,998
93Mindtree11,948
94Max Financial Services11,941
95UCO Bank11,764
96WABCO India11,712
97Amara Raja Batteries11,565
98Atul11,552
99Bayer Cropscience11,543
100Allahabad Bank11,430
101JSW Energy Ltd11,305
102Union Bank Of India11,193
103Edelweiss Financial Services11,175
104Dr. Lal Pathlabs11,151
105Prestige Estates Projects11,060
106Schaeffler India11,002
107Polycab India10,991
108The Phoenix Mills10,778
109GMR Infrastructure10,739
110Hexaware Technologies10,669
111Vinati Organics10,618
112IIFL Wealth Management10,588
113CRISIL10,295
114SKF India10,226
115Natco Pharma10,207
116Glenmark Pharmaceuticals10,194
117Alembic Pharmaceuticals10,080
118Tata Communications10,064
119PNB Housing Finance10,057
120Fortis Healthcare10,045
121Solar Industries India9,873
122CESC9,866
123Apollo Tyres9,861
124V-Guard Industries9,797
125Indian Overseas Bank9,767
126SJVN Ltd9,721
127Ujjivan Small Finance Bank9,666
128Sundram Fasteners9,545
129Indiabulls Ventures9,489
130Motilal Oswal Financial9,488
131Hatsun Agro Product9,434
132Godrej Agrovet9,220
133EIH9,216
134Creditaccess Grameen9,147
135Shriram City Union Finance9,102
136Mahanagar Gas9,015
137Zydus Wellness8,891
138Cholamandalam Financial Holding8,888
139NIIT Technologies8,851
140ICICI Securities Limited8,814
141MRPL8,774
142Minda Industries8,712
143Akzo Nobel India8,676
144Oriental Bank Of Commerce8,660
145Symphony8,549
146Ajanta Pharma8,540
147Future Lifestyle Fashions8,365
148Kajaria Ceramics8,333
149PVR8,268
150J.K.CEMENT8,243

What are mid cap stocks?

Mid Cap stocks are medium sized companies that are neither too large nor small. These are companies that have been in business for long enough, hence they are more reliable than small or micro caps. The Mid Cap space is where you could find a potential ‘multibagger’ that could generate huge wealth if found early.

Are Mid Cap stocks risky?

Investing in any stock, irrespective of their market cap, carries risk. Mid caps are riskier than large caps or blue chip stocks – but are not as high-risk as small listed companies. The risk chance of financial fraud is less as compared to lesser known companies. Investing in mid caps requires the ability to research, read annual reports and understand the business that you are investing in. If you are new to the market, avoid mid caps until you gain some experience.

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