Open Demat Account and Invest in Midcap Stocks Right Now!

In this article, we will discuss:

• Top 5 Midcap Stocks to Buy in 2023
• How Can Samco Change Your Investing Game?
• Conclusion
• Frequently Asked Questions

For investors seeking stability as well as growth potential, midcap stocks have always been the preferred investment avenue. They are the upcoming large-cap companies and are excellent investment options when it comes to long-term capital appreciation. 

As per reports on 9th September 2023, midcap stocks have outperformed the benchmark indices by 30%, which is way higher than the 9% growth in large-cap indices. So, now is probably the best time to pick up some high-quality midcap stocks and reap gains in the long run. 

Now, even if you are a new investor, you can take advantage of this favourable market condition. You just need to open Demat account and invest in the right stocks. 

Keep reading to learn more!

Top 5 Midcap Stocks to Buy in 2023

If you are planning to Open Demat account for investing in midcap stocks, here are some of the best places to start: 

• Escorts Limited

Escorts Kubota Limited (Escorts Limited) is one of India’s leading tractor manufacturing companies. It is also a pioneer in the field of making railway equipment, construction equipment and mobile cranes. Thus, if you are looking for midcap stocks in the automobile and industrial machinery sectors, this company can be a perfect choice. 

Financial Data:

*Data collected as on 30 th October 2023. 

• Canara Bank Ltd. 

Now, if you wish to go for midcap stocks in the banking sector, Canara Bank can be an excellent choice. This banking and financial services institution is a Government of India undertaking and as of March 2023, has 9,706 branches and 12,130 ATMs all across the country. Furthermore, it has a customer base of more than 10.9 crore and has a history of 100+ years in the banking industry. 

Financial Data:

*Data collected as on 30 th October 2023.

• Polycab India

Polycab India Limited operates in the fast-moving electrical goods (FMEG) sector. It primarily manufactures and sells wires and cables, along with switches and switchgear, LED lights, electric fans, solar products, conduits, accessories, etc. 

Financial Data:

*Data collected as on 30 th October 2023.

• Info Edge India Ltd. 

Info Edge India is one of India's leading pure-play internet companies. It operates in the online classifieds segment and provides services in real estate, education, recruitment, matrimony and related services. Furthermore, this organisation is the owner of several popular brands like Shiksha, Naukri, Jeevansathi and 99acres.   

Financial Data:

*Data collected as on 30 th October 2023.

• Muthoot Finance Ltd. 

Muthoot Finance Ltd. is a leading Indian gold loan provider. It also provides financial services like personal loans, housing finance, mutual funds, insurance, money transfer, etc. and has an 800-year family business history. 

As of now, the company has over 70 crore customers, 5,750+ branches and employs more than 40,000 employees all across the country.   

Financial Data:

*Data collected as on 30 th October 2023.

How Can Samco Change Your Investing Game?

Now, there are several other midcap stocks which have strong financials and high long-term growth potential. However, you need a platform where you can easily track their performance as well as get experts’ recommendations to pick the right ones. 

You can easily avail both if you just open Demat account on the Samco app. Our stock ratings help you select the best companies and you can even compare your portfolio performance with that of your peers and other star fund managers.  

Furthermore, you can invest a fixed amount in your favourite midcap stocks with the help of Samco Stock SIP. You can begin an SIP in just 3 simple steps and ramp up your contributions with time as per your investment objective.  

So, open a Demat account with Samco and start investing in the best midcap stocks today! 

Conclusion

Given the high long-term returns and growth potential, midcap stocks can be highly volatile in the short term. Thus, it is essential that you assess your risk appetite before starting to invest in them. 

You can also open Demat account today, learn to identify the best time period for generating profitable returns and make a decision accordingly. 

Frequently Asked Questions

• What to consider before buying midcap stocks?

Ans. Before buying midcap stocks, experts advise checking the company’s financial health, growth prospects, last 5-year returns, liquidity and transparency. You should also conduct a peer comparison and assess your own investment horizon. 

• How can midcap stocks benefit my portfolio?

Ans. Midcap stocks have often equalled or outperformed small-cap and large-cap stocks in terms of historical returns. Moreover, they are businesses which are still in an expansion phase and can provide higher long-term earnings growth.

• What are the risks of investing in midcap stocks?    

Ans. As midcap stocks are companies which are still in a growth phase, they may not have a proven track record showcasing their profitability. Also, they are more volatile in comparison to large-cap stocks. Thus, experts advise thoroughly researching the company’s management and growth prospects before investing.      

Disclaimer: INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING. The asset classes and securities quoted in the film are exemplary and are not recommendatory. SAMCO Securities Limited (Formerly known as Samruddhi Stock Brokers Limited): BSE: 935 | NSE: 12135 | MSEI- 31600 | SEBI Reg. No.: INZ000002535 | AMFI Reg. No. 120121 | Depository Participant: CDSL: IN-DP-CDSL-443-2008 CIN No.: U67120MH2004PLC146183 | SAMCO Commodities Limited (Formerly known as Samruddhi Tradecom India Limited) | MCX- 55190 | SEBI Reg. No.: INZ000013932 Registered Address: Samco Securities Limited, 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai - 400 013, Maharashtra, India. For any complaints Email - grievances@samco.in Research Analysts -SEBI Reg.No.-INHO0O0005847