Synopsis:
Certain midcap stocks are showing remarkable growth, with both their revenue and net profit increasing at a compound annual growth rate CAGR of over 40 percent. This indicates that these companies are expanding rapidly in terms of sales and profitability.
Midcap companies are businesses of medium size that usually have significant growth potential. If their revenue and net profit are growing at a rate of over 40% per year, it shows that the company is expanding quickly and becoming increasingly profitable.
The following are the midcap stocks having a Net profit CAGR of more than 40%:
1. Garden Reach Shipbuilders & Engineers Limited
Garden Reach Shipbuilders & Engineers Limited is a top Indian shipbuilding company under the Ministry of Defence. It focuses on making ships fo