Many stocks in the BSE Midcap Index are still far below their 52-week highs. About one-third of the companies in the 144-stock index need at least a 50% rise in their share prices to return to their highest levels in the past year. Some stocks need to more than double in value to reach their one-year highs again.
At least eight stocks require a jump of over 100% to touch their previous peak prices. These include Ola Electric Mobility Ltd, Vedant Fashions Ltd, Clean Science and Technology Ltd, Hexaware Technologies Ltd, Punjab & Sind Bank, KPIT Technologies Ltd, and Brainbees Solutions Ltd.
Among them, Ola Electric shares need a strong rise of more than 200% to return to their September 2025 high of Rs 71.24. The stock is currently trading around Rs 23.61. The company’s share price has fallen mainly because of lower sales. Monthly vehicle sales dropped from about 53,000 units in March 2024 to nearly 4,000 units in February 2026.
Analysts say the company is facing challenges such as after-sales service issues, shortage of spare parts, delayed deliveries, and customer complaints. These problems have affected investor confidence. Experts also believe that electric vehicle companies need strong service networks to grow successfully.
Another company under pressure is Vedant Fashions. Its shares, priced around Rs 340.90, need to rise about 149% to reach their June 2025 high of Rs 849.55. The company has reported weak performance for the past two years. Profit margins have been affected due to lower productivity and higher GST rates on most of its products. Slow consumer demand has also impacted its results.
Overall, several midcap stocks are still far from their previous highs. Investors are closely watching these companies to see whether business performance improves in the coming months.