Several midcap stocks, including L T Finance and Aditya Birla Capital, have shown significant gains in 2025, with L T Finance leading with a 119% return. These companies, primarily from the finance and e-commerce sectors, have defied concerns about midcap valuations. L T Finance reported a net profit of Rs 727.71 crore in Q2 FY26, up 5.6% year-over-year. Aditya Birla Capital also saw an 89.6% surge, reporting a 3% increase in net profit.