12 midcap stocks surge up to 140% in FY26; 3 became multibaggers. Are you holding any?

The Indian equity market has faced a sharp selloff recently following the escalation of the Iran-US conflict. The benchmark Nifty 50 has plunged around 7.5% since the onset of tensions and is down about 1% for the entire fiscal year 2026. However, the broader Nifty Midcap 150 index has shown more resilience. While it also dipped roughly 7% during the recent period of geopolitical uncertainty, it still boasts a healthy 6.5% gain for FY26.An in-depth look at the Nifty Midcap 150 stocks reveals a mixed performance for FY26. Nearly half of the constituents delivered positive returns during the fiscal year. Notably, 12 stocks recorded substantial gains ranging from 50% to 140%, including three multibagger performers. (Data Source: ACE Equity) Midcap Rally