Lupin to Prestige Estates: Axis Securities’ top 7 mid and smallcap picks with up to 29% upside

Axis Securities has maintained its Nifty target of 26,300 for March 2026, citing improved sentiment, easing macro risks, and strong earnings visibility. While trade policy uncertainty and high valuations remain near-term risks, the brokerage expects India to deliver robust double-digit equity returns over the next 2–3 years. Here are its top 7 mid-cap and small-cap stock picks with upside potential of up to 29%. Betting on Minnows