 Top 5 gainers and losers in the midcap and smallcap segment during this week

5paisa Research Team 9th December 2022 - 12:33 pm

List of top 5 gainers and losers in the midcap and smallcap segment for the week from July 22 to 28, 2022.

As Q1 results are pouring in, the corporate performance had been mixed, however margins across sectors are under pressure. Benchmark Indices S&P BSE Sensex closed for the week at 56,857.79, which was higher by 1.4% or 785 points while Nifty closed for the week at 16,929.60 which was higher by 1.25% or 210 points.

The broader market also witnessed volatility during the week with S&P BSE Mid Cap closing up by 0.6% at 23,811.48. The S&P BSE Small Cap also ended at 26,716.56, down by 0.31% or 84 points.

Let us have a look at the top 5 gainers and losers in the midcap space for this week:

Indiabulls Housing Finance Ltd.

14.24

Navin Fluorine International Ltd.

12.85

Metro Brands Ltd.

10.49

EIH Ltd.

8.91

Bharat Dynamics Ltd.

8.59

The biggest gainer in the mid-cap segment for the week was Indiabulls Housing Finance Ltd.

The shares of this NBFC have delivered a weekly return of 14.24 % from the levels of Rs 100.45 to Rs 114.75. Part of Indiabulls Group, Indiabulls Housing Finance Ltd is one of the leading home finance companies in India. The stock has been put on ban under the F&O segment as it has crossed 95% of the market-wide position limit (MWPL).

The top 5 losers from the Midcap segment for this week are as follows: 

Tanla Platforms Ltd.

-32.59

Brightcom Group Ltd.

-15.71

PB Fintech Ltd.

-11.55

Laxmi Organic Industries Ltd.

-9.93

Orient Electric Ltd.

-9.05

The laggards of the midcap segment were led Tanla Platforms Ltd. The shares of the company fell 32.59% from Rs 944.65 to Rs 636.75. Shares of the global A2P (application to person) messaging platform provider witnessed a selloff on the back of weak Q1FY23 results posted on July 25. Net revenue fell by 6.2% to Rs 800 crore as compared to the March quarter. The company reported EBITDA and Net Profit at Rs 130.70 crore and Rs 100.41 crore which were down by 29% and 28.6%, respectively on a sequential basis

Let us move towards the top 5 gainers and losers in the Smallcap segment:

The top 5 gainers in the Smallcap segment for this week are as follows:

Cerebra Integrated Technologies Ltd.

26.56

D-Link (India) Ltd.

21.48

Astra Microwave Products Ltd.

19.46

Ujjivan Small Finance Bank Ltd.

13.61

GE T&D India Ltd.

13.13

 The top gainer in the Smallcap segment was Cerebra Integrated Technologies Ltd. The stock surged 26.56% for the week from the levels of Rs 44.80 to Rs 56.70. The shares of the company had logged a single intraday gain of 17.72% on July 26. Cerebra Integrated Technologies is engaged in e-waste recycling, refining and refurbishment, electronic manufacturing services, trading in computer systems and peripherals and IT infrastructure management.

 The top 5 losers in the Smallcap segment for this week are as follows:

Sharda Cropchem Ltd.

-24.77

Steel Exchange India Ltd.

-17.1

Hindustan Foods Ltd.

-14.48

Greenpanel Industries Ltd.

-14.34

Tinplate Company Of India Ltd.

-13.29

The losers of small cap space were led by Sharda Cropchem Ltd. The shares of the company fell from Rs 693.1 to Rs 521.45 registering a loss of 24.77% in the stock price. The agrochemical company posted its Q1FY23 results, which showed degrowth on a sequential basis. Net sales fell by 42.5% to Rs 824.5 crore as compared to the March quarter. The company reported EBITDA and Net Profit at Rs 52.88 crore and Rs 22.64 crore, which were down by 81.78% and 87,21%, respectively QoQ . Compared to the June Quarter of 2021, net sales were up by 32.4% but margins had significantly contracted and came in at 6.41% (EBITDAM) and 2.75% (PATM) As a result, the shares of Sharda Cropchem witnessed a heavy selloff in the counter on July 25 shedding 18.66% share price in a single session.

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5paisa Research Team

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The

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