Net profit of other players including Bayer CropScience, Castrol India, Dixon Technologies and Wabco India also increased between 50% and 100%
Vishal Dhawan, CEO of Plan Ahead, said investors with long-term goals can give it a shot
Calling it a stock picker's market, the brokerage firm advised investors prefer domestic cyclicals
Adani Total Gas, Magma Fincorp, Adani Enterprises, Adani Transmission, Hindustan Copper and Balaji Amines have gained over 140% YTD
The BSE Smallcap index rallied nearly 5% to 21,670, while the BSE Midcap index advanced 0.65% to 20,312.20.
Brokerage Motilal Oswal Financial Services is positive on midcap players like JK Cement, AU Small Finance Bank, Jindal Steel and Power (JSPL), Tata Co