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

5paisa Research Team 21st October 2022 - 01:22 pm

List of top 5 gainers and losers in the midcap and smallcap segment for the week from October 14 to 20, 2022.

Festive jubilations, pent-up demand along with positive Q2 and half-yearly corporate financial results kept the D-Street abuzz. The frontline index S&P BSE Sensex gained 3.44% or 1968 points during the week and closed at 59,202.9 on October 20, 2022.

The broader market also regaled during the week with S&P BSE Mid Cap closing up by 1.02% at 24,993.32. The S&P BSE Smallcap also ended at 28,738.71 gaining 0.76%.

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

Suzlon Energy Ltd.

32.84

Deepak Fertilisers And Petrochemicals Corporation Ltd.

16.11

Indian Bank

15.19

PNB Housing Finance Ltd.

13.96

BLS International Services Ltd.

13.91

The biggest gainer in the mid-cap segment for the week was Suzlon Energy Ltd. Shares of the company rose by 32.84% for the week from the levels of Rs 6.7 to Rs 8.9. Suzlon Energy, one of India’s leading renewable energy solution providers, announced a new order win for the development of a 48.3 MW wind power project for Adani Green Energy Ltd. Suzlon will install 23 units of their wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is located in Mandvi, Kutch, Gujarat and is expected to be commissioned in 2023.

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

Brightcom Group Ltd.

-10.88

PB Fintech Ltd.

-9.18

Alok Industries Ltd.

-6.21

Blue Dart Express Ltd.

-5.85

CRISIL Ltd.

-5.78

 The laggards of the midcap segment were led by Brightcom Group Ltd. The shares of this Adtech company fell 10.88% from Rs 40.45 to Rs 36.05. This multibagger stock of 2021 has been highly volatile with three monthly and six-monthly returns at -24.87% and -58.86% respectively. From its 52-week high of Rs 122.88, the stock is currently trading at a massive discount of 70%.

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:

Paisalo Digital Ltd.

20.83

Accelya Solutions India Ltd.

14.49

MAS Financial Services Ltd.

14.3

Grauer & Weil (India) Ltd.

Elecon Engineering Company Ltd.

12.87

 The top gainer in the Smallcap segment Paisalo Digital Ltd. Shares of this non deposit taking NBFC rose to 20.83% for the week from the levels of Rs 75.15 to Rs 90.8. As S&P BSE Financials witnessed a strong momentum this week rising 1.66% at 59202.90, the constituent stocks witnessed a positive rally. In the small cap space, Paisalo led the financial sector gainers.

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

Thangamayil Jewellery Ltd.

-14.13

Heidelberg Cement India Ltd.

-11.75

J Kumar Infraprojects Ltd.

-10.92

Hindustan Oil Exploration Company Ltd.

-10.8

Vadilal Industries Ltd.

-9.91

The losers of smallcap space were led by Thangamayil Jewllery Ltd. The shares of this jeweller in retail space fell from Rs 1264.3 to Rs 1085.7 registering a loss of 14.13 % in the stock price. The company reported Q2FY23 on October 17, wherein net revenue grew by 15.45% on a YoY basis at Rs 813.15 crore. However, PAT fell by 40% YoY and came in at Rs 15.95 crore.

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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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