The Indian equity market has delivered modest returns over the past two years. The Nifty 50 slipped nearly 5% during this period, while the Nifty Midcap 150 remained in positive territory, gaining around 6%. For investors looking only at the headline indices, the period may have seemed to offer limited opportunities. But beneath those numbers lies a very different story.The real action was within the midcap universe, where a select group of companies delivered spectacular returns. Around 21 midcap stocks gained more than 50%, while nine stocks turned into multibaggers, significantly multiplying investors’ wealth in just two years. (Data Source: ACE Equity)

Over the last two years, the stock has rallied 296%, rising from Rs 470 to Rs 1,862.

Over the last two years, the stock has gained 243%, climbing from Rs 944 to Rs 3,242.

Over the last two years, the stock has surged 219%, moving from Rs 1,037 to Rs 3,303.

Over the last two years, the stock has advanced 170%, rising from Rs 12,095 to Rs 32,640.

Over the last two years, the stock has rallied 163%, increasing from Rs 622 to Rs 1,634.

Over the last two years, the stock has gained 152%, moving up from Rs 1,714 to Rs 4,324.

Over the last two years, the stock has climbed 131%, rising from Rs 774 to Rs 1,790.

Over the last two years, the stock has surged 130%, advancing from Rs 1,942 to Rs 4,474.

Over the last two years, the stock has gained 104%, increasing from Rs 183 to Rs 372.

Source: Read the original article on economictimes.indiatimes.com