8 midcap stocks with over 100% profit growth in Q2FY27
Max Financial Services reported results for Q2FY27.
· Economic Times Markets, ET Stocks
Eight NSE midcap stocks recorded over 100% year-on-year profit growth in Q2FY27, led by Max Financial Services, One97 Communications and Poonawalla Fincorp, according to StockEdge data.
Key facts
- Period
- Q2FY27
The analysis
Max Financial Services reported movement of 100% for Q2FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.0% on the day at ₹1,200.00, and has returned -20.6% over three months. It sits 36% below its 52-week high, which means a good deal of bad news was already in the price. The insurance sector has moved -13.4% over the same period, so Max Financial Services is running 7.2 points behind its peers.
For Max Financial Services, the question is how much of this is already reflected in the price and how much re-rates the insurance peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 3 companies named span 2 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 1 of 3 are higher: Poonawalla Fincorp leads at +4.6% and One97 Communications trails at -3.1%.
- Over three months: Max Financial Services -20.6% against Insurance -13.4% (7.2 points behind); One97 Communications +22.6% against Financial Services -14.9% (37.5 points ahead); Poonawalla Fincorp -3.2% against Financial Services -14.9% (11.7 points ahead).
- At least 25% below the 52-week high: Max Financial Services (36%).
- Trading well above normal today: Poonawalla Fincorp at 3.0 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Max Financial ServicesMFSL · Insurance | ₹1,200.00 | -1.0% | -12.6% | -20.6% | -35.8% | 1.7× | — |
| One97 CommunicationsPAYTM · Financial Services | ₹1,634.30 | -3.1% | -2.6% | +22.6% | -11.7% | 0.5× | — |
| Poonawalla FincorpPOONAWALLA · Financial Services | ₹461.70 | +4.6% | +4.0% | -3.2% | -8.2% | 3.0× | — |
Insurance
1M -5.4% · 3M -13.4%
Max Financial Services
Financial Services
1M -8.8% · 3M -14.9%
One97 Communications, Poonawalla Fincorp
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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