These 5 mid-cap stocks may rise up to 20 per cent, as technical charts reveal positive breakouts
While global slowdown may limit growth and margins may have peaked, analysts are divided with target prices ranging between Rs 2,820 and Rs 3,370
Timken India, Praj Industries, AIA Engineering and ABB were among other individual stocks from the S&P BSE Capital Goods index, up 4 - 5 per cent each.
According to the technical analyst from Anand Rathi, ABB can advance to Rs 2,880; while MRPL can jump to Rs 57.