Top 10 Mid Cap Stocks With Attractive Returns

BANGALORE: Investors have become risk averse from past few years preferring larger companies to their smaller counterparts. This shift in investors' focus from small to big was driven by concerns over high leverage and poor corporate governance among mid-cap companies. Although mid-cap companies in the long-term deliver better returns than large-cap, they typically tend to underperform during down cycles.

Let’s have a look at few mid cap companies that can give higher returns in the long run:

1. Tribhovandas Bhimji Zaveri

Tribhovandas Bhimji Zaveri is a noted Indian jeweller and jewellery retail chain based in India. It was established in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai.

The company plans to open nearly 25 to 30 large-format stores by FY17 and expand its presence nationally from the current strength of 27.  Current year has been tough for the company, with demand moderating and stringent regulations on the sourcing of gold, its key input.

However, till next year TBZ’s performance is expected to improve with the partial reduction of sourcing norms. Also in addition, there will be further reduction of import duty on gold too.