Midwest Shares Surged Analyzed
Midwest, a company that mines and sells special rocks like granite, saw its stock price jump dramatically on December 26, 2025. The price went up as much as 4.6% to reach ₹1,700.65! This happened because a financial advisor called Motilal Oswal gave the company a “Buy” rating, saying they’re really good at making premium black granite and are growing into a bigger, more diverse business.
Key Points
- Strong Granite Business: Midwest dominates black granite exports (60% market share).
- Fast Growth: Revenue increased by over 21% per year for five years.
- New Ventures: Expanding into quartz and heavy mineral sands for higher profits.
- Quartz Opportunity: Huge demand for high-purity quartz for electronics growth.
- Mineral Sands: Starting mining in Sri Lanka for titanium dioxide feedstocks.
- Good Finances: Steady cash flow with low debt, making the stock attractive.
Midwest is the biggest company in India that makes and sells black granite. They’re like the best at making a special kind of black granite that people pay a lot for. They even control how these rocks are made, from digging them up to selling them around the world. They have 20 mines, which helps them save money and make things faster.
Over the last five years, Midwest’s business has grown quickly. They made about ₹630 crore in sales, and sales are growing by more than 21% each year. This means the company is doing really well, and they are making more money than before.
Motilal Oswal thinks Midwest is smart about how they’re spending money. They have a good amount of cash, and they aren’t borrowing too much. This makes the stock look like a good investment. They predict that Midwest will continue to grow and become even more successful.
Midwest is also starting to do other things besides just making black granite. They’re making special quartz (like sand) and mining minerals from Sri Lanka. These new businesses are expected to bring in a lot more money and help Midwest become even more successful in the future.
The financial advisor believes that Midwest’s granite business will continue to grow by about 12% per year, but the company’s overall business will grow even faster, at 36% and 47% per year respectively over the next few years. This is because of the new businesses they are starting.
Motilal Oswal set a target price of ₹2,000 for the stock, meaning they think it could go up by about 25% from its current price. They believe that Midwest is a good investment because of its strong financial position and its potential for growth.
Key Risks: Motilal Oswal acknowledges some risks, including relying too much on selling granite, changes in government rules, or delays in starting the new businesses. However, they still think Midwest is a good investment because of its stable profits and growth potential.
“Investing in Midwest offers a solid foundation for future growth and a promising outlook for investors.”



