The past three months painted two different pictures for the market. While the benchmark Nifty 50 declined nearly 6%, the Nifty Midcap 150 bucked the trend and gained around 3.5%.
Amid this divergence, several midcap stocks delivered impressive gains. Nearly 40 stocks from the Nifty Midcap 150 delivered over double-digit returns in just three months. Even more striking, 13 midcap stocks emerged as standout performers, surging between 30% and 55% over the period. Their sharp rise highlights how selective opportunities in the midcap segment continued to shine despite broader market weakness, proving that strong winners can still emerge even when benchmark indices are under pressure. (Data Source: ACE Equity)
Bharat Heavy Electricals
The stock has surged 55% so far in CY26, rising from Rs 262 to Rs 406. Its 52-week high stands at Rs 425.
Thermax
The stock has gained 54% so far in CY26, climbing from Rs 3,103 to Rs 4,787. Its 52-week high stands at Rs 5,075.
Premier Energies
The stock has rallied 53% so far in CY26, advancing from Rs 713 to Rs 1,088. Its 52-week high stands at Rs 1,136.
Lloyds Metals & Energy
The stock has jumped 48% so far in CY26, moving up from Rs 1,213 to Rs 1,792. Its 52-week high stands at Rs 1,889.
Oracle Financial Services Software
The stock has risen 46% so far in CY26, increasing from Rs 6,853 to Rs 9,990. Its 52-week high stands at Rs 10,585.
Adani Total Gas
The stock has rallied 46% so far in CY26, gaining from Rs 493 to Rs 717. Its 52-week high stands at Rs 860.
Vodafone Idea
The stock has advanced 44% so far in CY26, moving from Rs 10 to Rs 15. Its 52-week high stands at Rs 15.
Hitachi Energy India
The stock has climbed 38% so far in CY26, rising from Rs 25,493 to Rs 35,213. Its 52-week high stands at Rs 38,785.
NLC India
The stock has gained 37% so far in CY26, increasing from Rs 253 to Rs 346. Its 52-week high stands at Rs 388.
Suzlon Energy
The stock has rallied 33% so far in CY26, advancing from Rs 41 to Rs 54. Its 52-week high stands at Rs 70.
Radico Khaitan
The stock has risen 32% so far in CY26, moving up from Rs 2,612 to Rs 3,459. Its 52-week high stands at Rs 3,679.
GE Vernova T&D India
The stock has gained 31% so far in CY26, climbing from Rs 3,772 to Rs 4,960. Its 52-week high stands at Rs 5,222.
Laurus Labs
The stock has advanced 31% so far in CY26, rising from Rs 1,065 to Rs 1,395. Its 52-week high stands at Rs 1,399.