In a session marked by selective optimism and sectoral resilience, Ola Electric, MphasiS, and Paytm emerged as standout performers on the Nifty Midcap 150 index. Despite mixed earnings and ongoing structural challenges, these stocks posted notable gains, reflecting investor confidence in longterm narratives and strategic pivots.
Market Snapshot and Key Movers:
As of midday trading on July 28, 2025, the following stocks led the midcap rally:
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Ola Electric surged 4.8 percent
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MphasiS gained 3.95 percent
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Paytm rose 2.98 percent
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COFORGE and Global Health also posted gains of 2.11 percent and 2.04 percent respectively
Ola Electric: Losses Persist, Sentiment Improves
Ola Electric’s rally comes despite a widening net loss and declining quarterly revenue.
Financial Overview
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Quarterly revenue for June 2025 stood at Rs 828 crore, down from Rs 1,644 crore in June 2024
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Net loss deepened to Rs 428 crore from Rs 347 crore yearonyear
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Annual revenue for FY25 was Rs 4,514 crore, a decline from Rs 5,009.83 crore in FY24
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Net loss for the year widened to Rs 2,276 crore from Rs 1,584.40 crore
Investor Sentiment
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Despite red ink, Ola’s book value per share improved from Rs 4.88 to Rs 11.66
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Debttoequity ratio remains moderate at 0.59
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Investors appear to be betting on longterm EV adoption and asset value recovery
MphasiS: Steady Growth and Dividend Cheer
MphasiS continues to deliver consistent financial performance, making it a reliable midcap pick.
Quarterly Performance
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Revenue for June 2025 rose to Rs 3,732.49 crore from Rs 3,422.46 crore
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Net profit increased to Rs 441.70 crore from Rs 404.51 crore
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EPS for the quarter stood at Rs 23.22
Annual Metrics
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FY25 revenue reached Rs 14,229.99 crore, up from Rs 13,278.52 crore
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Net profit climbed to Rs 1,702.14 crore from Rs 1,554.82 crore
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Final dividend of Rs 57 per share declared, continuing a strong payout tradition
Financial Strength
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P/E ratio stands at 27.82, P/B ratio at 4.94
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Debttoequity ratio remains low at 0.12, reinforcing fiscal discipline
Paytm: Narrowing Losses, Renewed Optimism
Paytm’s stock movement reflects cautious optimism as the company shows signs of financial turnaround.
Quarterly Snapshot
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Revenue for June 2025 rose to Rs 1,917.50 crore from Rs 1,501.60 crore
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Net profit of Rs 122.10 crore recorded, reversing a loss of Rs 838.80 crore in the same quarter last year
Annual Trends
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FY25 revenue declined to Rs 6,900.40 crore from Rs 9,977.80 crore
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Net loss narrowed to Rs 665.70 crore from Rs 1,384.70 crore
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EPS improved, and debttoequity ratio remains at zero
Market Interpretation
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Investors are encouraged by improved cost management and operational efficiency
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The company’s strategic focus on profitability is beginning to reflect in quarterly numbers
Conclusion:
The midcap rally led by Ola Electric, MphasiS, and Paytm underscores the market’s appetite for growth stories with longterm potential. While Ola and Paytm continue to navigate financial volatility, their strategic pivots and improving metrics are drawing investor interest. MphasiS, with its consistent performance and shareholder rewards, remains a pillar of stability in the midcap space. As earnings season unfolds, these stocks will be closely watched for signs of sustained momentum.
Sources: Moneycontrol, NiftyTrader, Economic Times, Financial Express, BSE India, company investor disclosures
