Valuation Check: 9 mid-cap stocks trading well above their Industry P/E by ET Markets | March 16, 2026 8:04 pm | Indian Stocks, Market, News Stocks trading above their industry price-to-earnings ratio often signal strong growth expectations or investor optimism. A StockEdge valuation scan highlights nine NSE midcap companies, including Lenskart Solutions, NTPC Green Energy and Biocon.