{"id":317105,"date":"2026-10-19T15:27:44","date_gmt":"2026-10-19T09:57:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317105"},"modified":"2026-10-19T15:27:44","modified_gmt":"2026-10-19T09:57:44","slug":"lower-midcap-growth-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Lower Midcap Growth Stocks to Watch for Future Multibagger Potential: Hindustan Copper, Navin Fluorine and Craftsman Automation"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hindustan Copper Rs 458.45. Navin Fluorine Rs 8,167. Craftsman Automation Rs 10,960. Market caps from Rs 28,756 crore to Rs 43,821 crore. Data as of 16 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Hindustan Copper, Navin Fluorine and Craftsman Automation are the 3 picks in this lower midcap growth stocks watchlist, with market caps between Rs 28,756 crore and Rs 43,821 crore. Hindustan Copper stands out for the highest return on equity at 27.48%, while Navin Fluorine offers the fastest profit growth, 26.02% a year since FY22. PE ratios run from 38.57 to 61.85, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n<p>Lower midcap growth stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Hindustan Copper, Navin Fluorine and Craftsman Automation meet that test, with market caps from Rs 28,756 crore to Rs 43,821 crore and Hindustan Copper offering the highest return on equity at 27.48%. Each of these lower midcaps grew net profit by more than 90 per cent and revenue by more than 40 per cent in FY26.<\/p>\n<p>This list covers companies with a market cap between Rs 25,000 crore and Rs 50,000 crore, net profit growth above 90 per cent and revenue growth above 40 per cent in FY26, with complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening lower midcap growth stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=lower-midcap-growth-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#What_Are_Lower_Midcap_Growth_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Lower Midcap Growth Stocks and Why Do They Attract Multibagger Interest?\">What Are Lower Midcap Growth Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Lower_Midcap_Growth_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Lower Midcap Growth Stocks at a Glance: Price, Market Cap, PE and ROE\">Lower Midcap Growth Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Hindustan_Copper_2525_Profit_CAGR_Since_FY22\" title=\"Hindustan Copper: 25.25% Profit CAGR Since FY22\">Hindustan Copper: 25.25% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Navin_Fluorine_2602_Profit_CAGR_Since_FY22\" title=\"Navin Fluorine: 26.02% Profit CAGR Since FY22\">Navin Fluorine: 26.02% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Craftsman_Automation_2387_Profit_CAGR_Since_FY22\" title=\"Craftsman Automation: 23.87% Profit CAGR Since FY22\">Craftsman Automation: 23.87% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Lower_Midcap_Growth_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Lower Midcap Growth Stocks: Financial Comparison on Growth and Margins\">Lower Midcap Growth Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\" title=\"Institutional Holding in Hindustan Copper, Navin Fluorine and Craftsman Automation\">Institutional Holding in Hindustan Copper, Navin Fluorine and Craftsman Automation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Lower_Midcap_Growth_Stocks\" title=\"Risks to Weigh in Lower Midcap Growth Stocks\">Risks to Weigh in Lower Midcap Growth Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Lower_Midcap_Growth_Stocks\" title=\"How to Choose Between Lower Midcap Growth Stocks\">How to Choose Between Lower Midcap Growth Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Lower_Midcap_Growth_Stocks_to_Watch\" title=\"Frequently Asked Questions on Lower Midcap Growth Stocks to Watch\">Frequently Asked Questions on Lower Midcap Growth Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Which_are_the_best_lower_midcap_growth_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best lower midcap growth stocks to watch for multibagger potential?\">Which are the best lower midcap growth stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Is_Hindustan_Copper_a_good_stock_for_long-term_investors\" title=\"Is Hindustan Copper a good stock for long-term investors?\">Is Hindustan Copper a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Can_Navin_Fluorine_become_a_multibagger_from_here\" title=\"Can Navin Fluorine become a multibagger from here?\">Can Navin Fluorine become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\" title=\"What is the market cap of Hindustan Copper, Navin Fluorine and Craftsman Automation?\">What is the market cap of Hindustan Copper, Navin Fluorine and Craftsman Automation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_lower_midcap_growth_stocks\" title=\"What are the risks of investing in lower midcap growth stocks?\">What are the risks of investing in lower midcap growth stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#Why_is_Hindustan_Copper_trading_at_a_PE_of_3857\" title=\"Why is Hindustan Copper trading at a PE of 38.57?\">Why is Hindustan Copper trading at a PE of 38.57?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/lower-midcap-growth-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\" title=\"How much do institutions hold in Hindustan Copper, Navin Fluorine and Craftsman Automation?\">How much do institutions hold in Hindustan Copper, Navin Fluorine and Craftsman Automation?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Lower_Midcap_Growth_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Lower Midcap Growth Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lower midcap growth stocks are shares of lower midcap companies that are growing very fast from a modest base. Companies at this size can grow into much larger businesses if they keep expanding at this pace.<\/p>\n<p>Lower midcaps often draw attention from mutual funds once they cross a certain size and show consistent growth. Businesses with fast profit growth and strong returns are the ones investors compare in lower midcap growth stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lower_Midcap_Growth_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Lower Midcap Growth Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 16 October 2026. Hindustan Copper combines the lowest PE of the group, 38.57, with the highest return on equity, 27.48%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hindcopper\/hindustan-copper-ltd-share-price-today\">Hindustan Copper<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">458.45<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">43,821<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">38.57<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.48%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.03<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">308.50 to 760.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/navinfluor\/navin-fluorine-international-ltd-share-price-today\">Navin Fluorine International<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,167<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42,287<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.55<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">36.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.69%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.32<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,772.20 to 8,949.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/craftsman\/craftsman-automation-ltd-share-price-today\">Craftsman Automation<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,960<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">28,756<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">61.85<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.22<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.76%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.11<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6,324.00 to 11,999.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Hindustan_Copper_2525_Profit_CAGR_Since_FY22\"><\/span><strong>Hindustan Copper: 25.25% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hindustan Copper is a government-owned company that mines copper ore and produces refined copper in India. It reported FY26 revenue of Rs 3,149.67 crore, up 46.62% year on year, and net profit of Rs 920.66 crore, up 96.97%. Net profit has compounded at 25.25% a year since FY22, while revenue has grown 13.89% a year. Operating margin was 46.74% in FY26. The debt-to-equity ratio is 0.03, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 81.07% to Rs 953.60 crore and net profit grew 162.59% to Rs 352.61 crore. The share price has gained 205.23% over five years and 33.08% over the past year. Foreign investors raised their holding from 3.71% in June 2025 to 5.96% in June 2026. The stock trades at a PE of 38.57 against an industry PE of 12.27, with a return on equity of 27.48%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Navin_Fluorine_2602_Profit_CAGR_Since_FY22\"><\/span><strong>Navin Fluorine: 26.02% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Navin Fluorine International makes specialty fluorochemicals, refrigerant gases and contract research and manufacturing services. It reported FY26 revenue of Rs 3,379.19 crore, up 41.20% year on year, and net profit of Rs 663.56 crore, up 129.92%. Net profit has compounded at 26.02% a year since FY22, while revenue has grown 22.66% a year. Operating margin was 34.41% in FY26. The debt-to-equity ratio is 0.32.<\/p>\n<p>The stock trades at a PE of 53.55 against an industry PE of 36.42, with a return on equity of 16.69%. In the June 2026 quarter, revenue rose 46.11% to Rs 1,080.17 crore and net profit grew 107.66% to Rs 243.31 crore. The share price has gained 111.47% over five years and 61.62% over the past year. Foreign investors raised their holding from 21.98% in July 2025 to 23.73% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Craftsman_Automation_2387_Profit_CAGR_Since_FY22\"><\/span><strong>Craftsman Automation: 23.87% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Craftsman Automation makes powertrain and engineering components, aluminium products and industrial machines. It reported FY26 revenue of Rs 8,130.63 crore, up 42.25% year on year, and net profit of Rs 383.99 crore, up 91.16%. Net profit has compounded at 23.87% a year since FY22, while revenue has grown 38.27% a year. Operating margin was 15.95% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 37.21% to Rs 2,454.66 crore and net profit grew 116.31% to Rs 150.55 crore. The share price has gained 332.22% over five years and 70.31% over the past year. Domestic institutions raised their holding from 22.67% in June 2025 to 32.90% in June 2026. The stock trades at a PE of 61.85 against an industry PE of 37.22.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lower_Midcap_Growth_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Lower Midcap Growth Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these lower midcap growth stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Net Profit CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Hindustan Copper<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,149.67<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">920.66<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">46.62%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.89%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">56.02%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Navin Fluorine<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,379.19<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">663.56<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41.20%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.66%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.02%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.52%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Craftsman Automation<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,130.63<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">383.99<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">38.27%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.87%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.76%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these lower midcap growth stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\"><\/span><strong>Institutional Holding in Hindustan Copper, Navin Fluorine and Craftsman Automation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these lower midcap growth stocks alongside the promoter. The table uses the latest reported quarter for each. Navin Fluorine has the deepest institutional backing, with FII and DII together holding 52.19% as of June 2026. Domestic institutions increased their holding over the past year in Craftsman Automation (from 22.67% to 32.90%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Hindustan Copper<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">66.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.84%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.06%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Navin Fluorine<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.08%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.73%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">28.46%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.73%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Craftsman Automation<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.28%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">32.90%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Lower_Midcap_Growth_Stocks\"><\/span><strong>Risks to Weigh in Lower Midcap Growth Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with lower midcap growth stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Mid-sized stocks can move more than large ones.<\/li>\n<li>Growth can ease as the base gets larger.<\/li>\n<li><strong>Valuation:<\/strong> Hindustan Copper trades at a PE of 38.57 against an industry PE of 12.27, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Lower_Midcap_Growth_Stocks\"><\/span><strong>How to Choose Between Lower Midcap Growth Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from lower midcap growth stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (12.27 to 37.22) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track quarterly revenue growth, net profit growth and the return on equity in every result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Hindustan Copper, Navin Fluorine and Craftsman Automation live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among lower midcap growth stocks, Hindustan Copper stands out for the highest return on equity at 27.48%, Navin Fluorine for the fastest profit growth, 26.02% a year since FY22 and Craftsman Automation for the biggest five-year price gain at 332.22%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing lower midcap growth stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Lower_Midcap_Growth_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Lower Midcap Growth Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_lower_midcap_growth_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best lower midcap growth stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hindustan Copper, Navin Fluorine and Craftsman Automation are the 3 names this list highlights, with market caps of Rs 43,821 crore, Rs 42,287 crore and Rs 28,756 crore respectively. Hindustan Copper is notable for the highest return on equity at 27.48%. Navin Fluorine stands out for the fastest profit growth, 26.02% a year since FY22. Craftsman Automation offers the biggest five-year price gain at 332.22%. These are watchlist names for lower midcap growth stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Hindustan_Copper_a_good_stock_for_long-term_investors\"><\/span><strong>Is Hindustan Copper a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hindustan Copper has a return on equity of 27.48%, a PE of 38.57 against an industry PE of 12.27 and a market cap of Rs 43,821 crore. Net profit has compounded at 25.25% a year since FY22, and FY26 revenue rose 46.62% while June 2026 quarter net profit grew 162.59%. Long-term returns in lower midcap growth stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Navin_Fluorine_become_a_multibagger_from_here\"><\/span><strong>Can Navin Fluorine become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Navin Fluorine has already gained 111.47% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in lower midcap growth stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 26.02% a year since FY22, and FY26 revenue rose 41.20%. At a PE of 53.55 against an industry PE of 36.42, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\"><\/span><strong>What is the market cap of Hindustan Copper, Navin Fluorine and Craftsman Automation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 16 October 2026, Hindustan Copper has a market cap of Rs 43,821 crore, Navin Fluorine has a market cap of Rs 42,287 crore and Craftsman Automation has a market cap of Rs 28,756 crore. Hindustan Copper is the largest of the group. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on lower midcap growth stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_lower_midcap_growth_stocks\"><\/span><strong>What are the risks of investing in lower midcap growth stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are sharper price swings, cyclical demand for metals, chemicals and auto parts and valuations that already reflect strong growth. Companies with varied customers and strong returns handle these better. Hindustan Copper trades at a PE of 38.57 against an industry PE of 12.27, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Hindustan_Copper_trading_at_a_PE_of_3857\"><\/span><strong>Why is Hindustan Copper trading at a PE of 38.57?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hindustan Copper&#8217;s PE of 38.57 compares with an industry PE of 12.27. The market is paying a premium for a return on equity of 27.48%, profit growth of 25.25% a year since FY22 and latest-quarter profit growth of 162.59%, which also means the stock is more sensitive if growth slows. Investors in lower midcap growth stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Hindustan_Copper_Navin_Fluorine_and_Craftsman_Automation\"><\/span><strong>How much do institutions hold in Hindustan Copper, Navin Fluorine and Craftsman Automation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 10.80% of Hindustan Copper (5.96% and 4.84%), 52.19% of Navin Fluorine (23.73% and 28.46%) and 50.18% of Craftsman Automation (17.28% and 32.90%). Rising institutional holding is a useful signal in lower midcap growth stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best lower midcap growth stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hindustan Copper, Navin Fluorine and Craftsman Automation are the 3 names this list highlights, with market caps of Rs 43,821 crore, Rs 42,287 crore and Rs 28,756 crore respectively. Hindustan Copper is notable for the highest return on equity at 27.48%. Navin Fluorine stands out for the fastest profit growth, 26.02% a year since FY22. Craftsman Automation offers the biggest five-year price gain at 332.22%. These are watchlist names for lower midcap growth stocks, not recommendations, so match each one to your own risk profile and time horizon.\"}},{\"@type\":\"Question\",\"name\":\"Is Hindustan Copper a good stock for long-term investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hindustan Copper has a return on equity of 27.48%, a PE of 38.57 against an industry PE of 12.27 and a market cap of Rs 43,821 crore. Net profit has compounded at 25.25% a year since FY22, and FY26 revenue rose 46.62% while June 2026 quarter net profit grew 162.59%. Long-term returns in lower midcap growth stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.\"}},{\"@type\":\"Question\",\"name\":\"Can Navin Fluorine become a multibagger from here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Navin Fluorine has already gained 111.47% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in lower midcap growth stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 26.02% a year since FY22, and FY26 revenue rose 41.20%. At a PE of 53.55 against an industry PE of 36.42, valuation should be checked against that growth before investing.\"}},{\"@type\":\"Question\",\"name\":\"What is the market cap of Hindustan Copper, Navin Fluorine and Craftsman Automation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 16 October 2026, Hindustan Copper has a market cap of Rs 43,821 crore, Navin Fluorine has a market cap of Rs 42,287 crore and Craftsman Automation has a market cap of Rs 28,756 crore. Hindustan Copper is the largest of the group. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on lower midcap growth stocks.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in lower midcap growth stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are sharper price swings, cyclical demand for metals, chemicals and auto parts and valuations that already reflect strong growth. Companies with varied customers and strong returns handle these better. Hindustan Copper trades at a PE of 38.57 against an industry PE of 12.27, so earnings growth needs to hold up.\"}},{\"@type\":\"Question\",\"name\":\"Why is Hindustan Copper trading at a PE of 38.57?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hindustan Copper's PE of 38.57 compares with an industry PE of 12.27. The market is paying a premium for a return on equity of 27.48%, profit growth of 25.25% a year since FY22 and latest-quarter profit growth of 162.59%, which also means the stock is more sensitive if growth slows. Investors in lower midcap growth stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.\"}},{\"@type\":\"Question\",\"name\":\"How much do institutions hold in Hindustan Copper, Navin Fluorine and Craftsman Automation?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of the latest reported quarter, FII and DII together hold 10.80% of Hindustan Copper (5.96% and 4.84%), 52.19% of Navin Fluorine (23.73% and 28.46%) and 50.18% of Craftsman Automation (17.28% and 32.90%). Rising institutional holding is a useful signal in lower midcap growth stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>3 top lower midcap growth stocks compared on market cap, PE, ROE, growth and institutional holding: Hindustan Copper, Navin Fluorine and Craftsman Automation.<\/p>\n","protected":false},"author":33,"featured_media":317103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[13513,13512],"class_list":["post-317105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-lower-midcap-growth-sector","tag-lower-midcap-growth-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["317103"],"rank_math_title":["Lower Midcap Growth Stocks 2026: Hindustan Copper, Navin Fluorine"],"rank_math_description":["Lower midcap growth stocks to watch for multibagger potential: Hindustan Copper, Navin Fluorine and Craftsman Automation. Compare market cap, PE, ROE and growth."],"rank_math_focus_keyword":["lower midcap growth stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-top-lower-midcap-growth-stocks-to-watch-for-future-multibagger-potential.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=317105"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317105\/revisions"}],"predecessor-version":[{"id":317106,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317105\/revisions\/317106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/317103"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=317105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=317105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=317105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}