Several midcap stocks are delivering strong returns on equity above 50%, reflecting efficient management and solid business models. High RoE indicates financial health and growth potential.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.