If you’re a risk-taker on the lookout for growth, now might be a great time to reassess your portfolio. Market experts have highlighted five mid-cap stocks from varied sectors that show strong fundamentals and could offer upside potential of up to 38% over the next year.
Here’s the list:
– Five-Star Business Finance: Delivered 37% profit growth and 36% jump in assets under management. The company aims for over 30% AUM growth in FY25. Estimated upside: 38%.
– City Union Bank: Posted 16% profit growth, with steady improvements in asset quality and expansion of digital banking services. Analysts see return on assets (RoA) at 1.4–1.5% and return on equity (RoE) at 13–14%. Estimated upside: 28%.
– Ujjivan Small Finance Bank: Despite a 7% drop in profits, analysts are optimistic due to strong provisions and the bank’s push for a universal banking license. Estimated upside: 25%.
– Macrotech Developers (Lodha): Strong performance driven by 20% growth in pre-sales and 166% surge in profit after tax. Rising real estate demand adds momentum. Estimated upside: 22%.
– Fineotex Chemical: Benefiting from robust global demand for specialty chemicals, with good traction across international markets. Estimated upside: 38%.
