7 Best Hidden Gem Mid-Cap Stocks

to Buy in 2023

Nippon Life India Asset Management Ltd.

A Leading Asset Management Company in India, With an AUM of More Than ₹2.85 Lakh Crore.

• Industry: Asset Management • Market Cap: ₹23,910.92 Cr • PE Ratio: 33.05 • ROCE(%): 25.86% • 5 Year Avg EBITDA Margin (%): 57.23%

CRISIL Ltd.

A Credit Rating, Research, and Risk Solutions Company in India.

• Industry: Stock Exchanges & Ratings • Market Cap: ₹28,336.75 Cr • PE Ratio: 50.20 • ROCE(%): 39.67% • 5 Year Avg EBITDA Margin (%): 29.53%

Indian Hotels Company Ltd.

A Hotel Chain Operator that owns and operates Taj Hotels, Palaces, Resorts, and Safaris.

• Industry: Hotels, Resorts & Cruise Lines • Market Cap: ₹59,671.01 Cr • PE Ratio: 59.51 • ROCE(%): 13.43% • 5 Year Avg EBITDA Margin (%): 18.56%

Ajanta Pharma Ltd.

A Pharmaceutical Company that Manufactures and Markets Generic and Branded Formulations.

• Industry: Pharmaceuticals • Market Cap: ₹22,349.39 Cr • PE Ratio: 38.01 • ROCE(%): 21.81% • 5 Year Avg EBITDA Margin (%): 29.08%

Colgate-Palmolive (India) Ltd.

A Subsidiary of Colgate-Palmolive Company, a Consumer Goods Company that Manufactures and Markets Personal Care and Oral Care Products.

• Industry: FMCG - Personal Products • Market Cap: ₹56,307.82 Cr • PE Ratio: 53.77 • ROCE(%): 78.66% • 5 Year Avg EBITDA Margin (%): 29.78%

Metro Brands Ltd.

A Footwear Retailer that sells a Variety of Brands, including its own Brands, Metro and Mochi.

• Industry: Footwear • Market Cap: ₹32,870.43 Cr • PE Ratio: 90.94 • ROCE(%): 23.08% • 5 Year Avg EBITDA Margin (%): 30.64%

Sun TV Network Ltd.

A Media Company that Owns and Operates Many Television Channels in India.

• Industry: TV Channels & Broadcasters • Market Cap: ₹25,317.96 Cr • PE Ratio: 14.83 • ROCE(%): 24.53% • 5 Year Avg EBITDA Margin (%): 67.72%

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