Top Midcap Picks: UBS lists eight stocks for up to 84% upside

UBS believes Indian mid caps continue to face valuation headwinds despite a sharp correction in 2025, with the midcap index's one-year forward PE down about 10% last year. However, valuations remain at a premium to both their five-year average and the Nifty, even as domestic fund managers rotate towards large caps.

Jan 14, 2026 - 13:00
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Top Midcap Picks: UBS lists eight stocks for up to 84% upside
UBS believes Indian mid caps continue to face valuation headwinds despite a sharp correction in 2025, with the midcap index's one-year forward PE down about 10% last year. However, valuations remain at a premium to both their five-year average and the Nifty, even as domestic fund managers rotate towards large caps.

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