Can you suggest some good mid cap stocks to buy in the current market conditions? I am willing to hold them for 2 to 3 years.

The debate is still on as to whether it is a good time to buy mid cap stocks when markets are so uncertain. However, if you have a 2-3 years perspective, you must surely look at some very good mid cap stocks with a sound business model. You can look at the following stocks to buy into now, but don’t panic if the price moves lower in the short term. That is quite normal in mid cap stocks.

Century Plyboards is a strong player in the laminates and ply-board business. Among the players in the organized sector, this company hash the widest and most de-risked product portfolio. The revenues of the company are expected to grow at around 20% and the company has maintained operating margins of above 16%. Even in valuation terms, it is available at less than 18 times forward earnings. This is a stock you can look at.

PNC Infratech is a small company operating in the infrastructure sector operating bridges, flyovers, expressways and airport runways. It has continued to sustain growth at over 50% annualized and with the government thrust on infrastructure in a big way, this could be a solid bet. The stock is available at single-digit P/E on a forward basis.

Mold Tek Packaging is another very high growth mid cap company for you to look. This company supplies packaging products to paints, food products, lubricants and other FMCG items. The company has been consistently growing its PAT at 27-29% in the last five years and this is likely to sustain for more time to come. The company is available at reasonable pricing at current levels.