Moneycontrol
Jul 14, 2016 10:10 PM IST | Source: CNBC-TV18

Here are 16 midcap stocks you may want to hold

Midcaps are often overlooked by large investors and FIIs. Investments in midcaps are often considered risky as they are prone to volatility, but that's where the money has been made. Prakash Diwan, SP Tulsian, Ambareesh Baliga, Deven Choksey give their picks.


Midcaps are buzzing and everyone is in a rush to catch the tail of a winning bull. 


Midcaps are often overlooked by large investors and FIIs. Investments in midcaps are often considered risky as they are prone to volatility, but that's where the money has been made.

Since 2008 lows the Midcap Index gained 280 percent whereas the Nifty went up 270 percent.

Here are 16 midcaps that could be a good bet.
 
Prakash Diwan's Recommendations

Pricol: Target price of Rs 200. The company turned profitable post restructuring. The management sees 20-25 percent revenue growth.

Orient Paper: Target price of Rs 150 in 2 years. It can clock over Rs 10 earnings per share (EPS) for FY17.

Thirumalai Chem: Target of Rs 500 in 2 years. It is expected to clock over Rs 60 EPS for FY17.

Transport Corp: Target price of Rs 500 in 2 years. Its demerger of its XPS division is expected to unlock value.

SP Tulsian's Recommendations

SML Isuzu
Target price of Rs 1,335. It saw highest ever quarterly sales of 4,893 vehicles.

Balrampur Chini: Target price of Rs 150. A carrying inventory of 38 lakh bags will have unrealised gain of Rs 300 crore.

Kingfa Science & Technology Target price of Rs 1050. 

Bodal Chemicals: Price target of Rs 120.  

Ambareesh Baliga's Recommendations 

COX & KINGS:
 Expect 10 percent EBIDTA growth in FY17.

HEG: Target price of Rs 320. Assuming 60-65 percent capacity utilisation in FY17e, company can turn profitable at PAT level. 

Titagarh Wagons: Target price of Rs 150. Company is on the cusp of turning around. 

JK Lakshmi Cement: Target price of Rs 560. Company has brought down interest cost to 9.5 percent against 10.3 percent earlier.

Deven Choksey's Recommendations 

UPL: Price target of Rs 772.

Sterlite Tech: Target price of Rs 131

Bajaj FinservA growth of 25-30 percent is not ruled out.

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