Are you looking to reshuffle your portfolio as we settle into 2026? You aren’t alone. In the dynamic world of Indian equities, finding the right entry point is often about timing and momentum. The latest data from Stock Reports Plus, dated January 16, 2026, has flagged a fascinating shift in the market.
We have identified a list of large and mid-cap stocks that aren’t just sitting idle; they are actively improving. These companies have seen their average score jump by at least one point month-on-month, currently hold a “Buy” or “Strong Buy” rating, and show promising upside potential. From defense giants to hospitality leaders, here is a look at the stocks currently flashing green signals.
The Elite League: Stocks Scoring a Near-Perfect 10
When we talk about market outperformers, we look for high scores across the board. In this latest report, three companies have hit the coveted average score of 10, signaling dominance across earnings, fundamentals, and relative valuation.
Voltamp Transformers Ltd and ITC Hotels Ltd lead the pack with a perfect 10, up from a solid 9 last month. Both companies are currently rated as a “Buy” and offer significant upside potentials of 36%. Joining them at the top is MedPlus Health Services Ltd, which not only boasts a score of 10 but also carries a “Strong Buy” recommendation with a 30% upside potential. These scores suggest that these companies are currently firing on all cylinders, from insider confidence to price momentum.
Mid-Cap Marvels: High Upside and Strong Growth
While large caps offer stability, the mid-cap segment is where the aggressive growth stories often hide. The star of this list in terms of sheer potential is AJAX Engineering Ltd. With its score climbing from 7 to 9, it currently holds a “Strong Buy” rating and projects a massive 45% upside potential—the highest on our list today.
Other notable mid-cap performers include:
- Poly Medicure Ltd: Jumped from a score of 7 to 9, offering a 31% upside.
- Chalet Hotels Ltd: Despite a slight score adjustment, it remains a “Strong Buy” with 26% upside.
- Rainbow Children’s Medicare Ltd: Improved its score significantly from 5 to 7, showing a healthy 28% upside.
These companies are proving that favorable valuations and earnings surprises are currently working in their favor, making them prime candidates for investors with a slightly higher risk appetite.
Large Caps and the Science Behind the Scores
For those who prefer the safety of larger market capitalizations, Hindustan Aeronautics Ltd (HAL) is the headline act. With a staggering market cap of nearly Rs 3 Lakh Crore, HAL improved its score from 6 to 9. It combines the stability of a large-cap defense stock with a respectable 27% upside potential.
It is important to remember how these rankings are derived. The Stock Reports Plus score is a sophisticated metric that analyzes six key components: Earnings, Fundamentals, Relative Valuation, Risk, Price Momentum, and Insider Trading. A score of 8 to 10 is generally considered positive. Other large caps making the grade include Emami Ltd and GlaxoSmithKline Pharmaceuticals Ltd, both showing improved metrics and solid upside potential.
As the market moves through January 2026, these technical improvements suggest that institutional and analyst sentiment is shifting in favor of these twelve companies. As always, while the data looks strong, ensure these picks align with your personal financial goals.
Last Updated: 17 January 2026
