Midcap index @ record high, but 19 stocks have up to 1,300% upside

Midcap index @ record high, but 19 stocks have up to 1,300% catchup to do
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Data compiled from corporate database AceEquity suggests one-third of 98 BSE Midcap constituents need to rally at least 50 per cent to reclaim their record high levels.
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NEW DELHI: The BSE Midcap Index might be hovering at record high levels, nearly half of the index stocks are at least 25 per cent away from their record levels. Analysts advised investors to remain selective and invest only in quality names that have the backing of institutions and have no balance sheet issues.
Data compiled from corporate database AceEquity suggests one-third of 98 BSE Midcap constituents need to rally at least 50 per cent to reclaim their record high levels; while one-fifth need to more than double to achieve their all-time peak levels. In some extreme cases, some stocks even require a 5-14 times rally from current levels!

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