78th Independence Day 2024

Multibagger Oil India, IRFC, Trent Among Top 5 Gainers in a Year as Mid-caps Shine

Over 90 Nifty 500 Stocks Soared Between 100% and 586% Since Last Independence Day

As India prepares to commemorate its 78th Independence Day on August 15, 2024, the country's mid-cap stocks have emerged as significant performers, with several companies delivering multibagger returns over the past year.

Among the top gainers, Oil India, Indian Railway Finance Corporation Ltd (IRFC), and Trent Ltd have emerged as standout performers, showcasing impressive growth and value creation for investors.

The Nifty 500 index, which represents the broader market, has witnessed a remarkable rise over the year, with more than 90 stocks delivering returns exceeding 100%. This surge reflects the resilience and growth potential of India's corporate sector.

The gains witnessed by these mid-cap companies serve as a testament to the dynamism of the Indian economy and the opportunities it presents for investors. As India continues its journey towards progress and development, these companies are poised to play a vital role in shaping the country's economic landscape.