As mid caps reclaim highs, these 10 stocks are still cheap

Summary: Mid caps are roaring back. That makes finding value difficult. Our filters of quality and value , however, have done that, finding 10 mid-cap stocks that still stand out. As the market claws its way back, it isn’t just the Nifty 50 doing the heavy lifting. Broader pockets are joining in too—mid-caps, in particular, are within touching distance of their peaks. The Nifty Midcap 100 now sits barely 5 per cent away from its 52-week high. But are there stocks that As this space inches towards new highs, the real question is: which mid-caps still offer valuation comfort without skimping on quality? That’s where we turned to a dual filter. Using our Value Research Stock Ratings, we demanded both strength and price sensibility through a Quality Score of at least 8 and a Valuation Score of 6 or more. The outcome is a shortlist of 10 mid caps that balance reasonable valuation with the fundamentals to sustain them. Among them: City Union Bank, IndiaMART and The Great Eastern Shipping Company. We discuss these below with the complete list at the end. City Union Bank: The steady MSME banker A century-old lender that still sticks to what it knows best: loans to MSMEs, traders and agri borrowers, with a focus on conservative risk management. That mix kept growth steady and asset quality contained through cycles. Today, the bank is pushing credit growth while protecting the deposit base; management presentations highlight MSME focus, healthy capital and a measured cost structure. The trade-off to watch is simple: if MSME stress rises, provisions can bite; if collections stay steady, this slow-and-sure approach compounds. IndiaMART: The subscription flywheel This is India’s