The Nifty Midcap 150 index has comfortably outperformed the benchmark Nifty in the last one year, gaining about 11% compared with a steep 6% decline in the Nifty. But beneath that headline performance lies a more uneven picture. Stock-level data shows that more than 50% of the index constituents are still trading in the red, with losses extending to as much as 70%.
SKF India, KPIT Tech, Syngene International, RVNL, P&G, Patanjali Foods, Gujarat Energy, Tata Elxsi, Aditya Birla Fashion, Emami and Hindustan Petroleum are among the worst performers.
