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

5paisa Research Team 15th December 2022 - 12:23 am

List of top 5 gainers and losers in the midcap and smallcap segment for the week from September 02 to 08, 2022.

Amid volatility, the frontline index S&P BSE Sensex recouped some of the earlier losses as it gained 1.5% or 885 points during the week and closed at 59,688.22 on September 08, 2022.

The broader market also closed stronger during the week with S&P BSE Mid Cap closing up by 1.7% at 25,894.23. The S&P BSE Small Cap also ended at 29,474 higher by 674 points or 2.3%.

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

Angel One Ltd.

20.28

JK Lakshmi Cement Ltd.

18.68

Suzlon Energy Ltd.

15.1

Birla Corporation Ltd.

14.71

Vaibhav Global Ltd.

14.54

The biggest gainer in the midcap segment for the week was Angel One Ltd. Shares of the broking firm rose steeply to 34.35% for the week from the levels of Rs 1327.95 to Rs 1597.20. The company has released its key business parameters for the month August 2022. The client base of the company stood at 11.18 million which saw YoY growth of 81.9% while MoM growth was 4%. Angel One’s Average Daily Turnover (ADTO) stood at Rs 12389 billion which was 117.9% higher than the same period last year and MoM growth was logged at 20.1%. However, the market share of Retail Turnover shrunk by 18 bps on a YoY and 44bps MoM basis.

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

Tata Teleservices (Maharashtra) Ltd.

-8.05

The Great Eastern Shipping Company Ltd.

-5.26

Brightcom Group Ltd.

-4.31

Home First Finance Company India Ltd.

-4.30

Persistent Systems Ltd.

-3.93

 The laggards of the midcap segment were led by Tata Teleservices (Maharashtra) Ltd. (TTML). The shares of the company fell 8.05% from Rs 134.8 to Rs 123.95. After having a sharp rally of 50 % in just 3 trading sessions including September 02, the stock witnessed profit booking this week after soaring so high. Tata Teleservices (Maharashtra) Limited, along with Tata Teleservices Limited, spearheads the Tata Group’s presence in the telecommunication sector.

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:

GTL Infrastructure Ltd.

34.35

Vakrangee Ltd.

29.89

Igarashi Motors India Ltd.

24.97

Sanghi Industries Ltd.

24.58

Arvind Smartspaces Ltd.

23.29

 The top gainer in the smallcap segment GTL Infrastructure Ltd. Shares of GTL Infra rose steeply to 34.35% for the week from the levels of Rs 1.31 to Rs 1.76. The shares of Shared Passive Telecom Infrastructure rode on the momentum in the telecom sector as the latter gained 2.3% during the week. The rally in the sector was led by this penny stock, followed by Vodafone Idea with a gain of 8.5% for the week.

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

Banco Products (India) Ltd.

-15.21

TruCap Finance Ltd.

-13.23

Steel Exchange India Ltd.

-8.01

MMTC Ltd.

-7.55

Apar Industries Ltd.

-7.27

The losers of smallcap space were led by Banco Products (India) Ltd. The shares of the company fell from Rs 254.45to Rs 215.75 registering a loss of 15.21% in the stock price. The price correction came in after a rally of 40% in the month of August, logging a fresh 52-week high of Rs 269.75 on August 30. Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications in both the domestic and international markets.

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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.

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