4 mid caps that raced up to 46% in a year, but remain cheap

What if you could get your hands on market winners that are still available at cheap valuations? We’ve identified four mid caps that strike this rare balance – combining robust market momentum with attractive valuations. These stocks rank six or above on Value Research’s Momentum and Valuation Scores, denoting both the market’s favour and reasonable pricing. Here are the four standouts. 4) Bombay Burmah Trading Corp Bombay Burmah Trading Corporation, a key Wadia Group company since 1863, operates across diverse sectors including tea plantations, auto electric components, healthcare, real estate, and food products. The company earned nearly all its Q4 FY25 revenue from the food, bakery and dairy product segment, given its majority 50 per cent stake in FMCG giant Britannia Industries. Stock 3-month return (%) 1-year return (%) P/E ratio Five-year median P/E Bombay Burmah Trading 11 29.68 12.5 17.7 3) UTI Asset Management UTI Asset Management is a key player in India’s asset management space, managing UTI Mutual Fund schemes. As of March 2025, it had a 5 per cent market share in the mutual fund industry (by quarterly average AUM). Its subsidiary, UTI Pension Fund, dominates the National Pension System with a commanding 26 per cent market share, making it one of India’s top three pension fund managers. Its Portfolio Management Services (PMS) made up 65 per cent of the group AUM as of March 2025, followed by the pension fund segment at 17 pe