Midsized companies outperformed on the Indian stock market, with Nifty MidCap 100 and Nifty MidCap 150 indices reaching their 52-week highs on 6 October. The indices were buoyed by firms including Deepak Nitrite, Dixon Technologies and Laurus Labs. Delhivery and Gland Pharma suffered significant losses, plunging 68% during the past year. Meanwhile, CG Power and Industrial Solutions enjoyed multibagger returns of 103% over the same period, and Union Bank Of India, IDFC First Bank, Indian Bank and TVS Motor Company returned 85-91%.
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