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

5paisa Research Team 20th January 2023 - 12:36 pm

List of top 5 gainers and losers in the midcap and smallcap segment for the week from January 13, 2022 to January 19, 2023.

The frontline index S&P BSE Sensex finished higher by 0.99% or 597.25 points during the week and closed at 60,858.43 on January 12, 2023.

S&P BSE MidCap stood flat at 25,171.93 gaining 0.96 points during the week. However, the S&P BSE SmallCap declined by 0.29% at 28,773.27.

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

RattanIndia Enterprises Ltd.	12.34
Usha Martin Ltd.	10.9
Swan Energy Ltd.	9.7
360 One Wam Ltd.	8.59
BLS International Services Ltd.	8.08

The biggest gainer in the mid-cap segment for the week was RattanIndia Enterprises Ltd. Shares of RattanIndia Enterprises Ltd rose by 12.34% for the week from the levels of Rs 42.55 to Rs 47.8. The company has completed the acquisition of 100% shareholding in the electric motorcycles market leader Revolt Motors. Henceforth, Revolt Motors will be a 100% wholly owned subsidiary of RattanIndia Enterprises Ltd.

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

Star Health and Allied Insurance Company Ltd.	-7.85
Manappuram Finance Ltd.	-6.58
Supreme Petrochem Ltd.	-6.53
PNB Housing Finance Ltd.	-6.38
Lemon Tree Hotels Ltd.	-6.27

 The laggards of the midcap segment were led by Star Health and Allied Insurance Company Ltd. The shares of this insurance company fell by 7.85% from Rs 574.2 to Rs 529.1. In its recent exchange filing, the company informed about the board meeting to be held on January 31 to consider and approve the unaudited and limited reviewed financial results of the company for the quarter year ended December 31, 2022.

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:

Goodluck India Ltd.	25.32
SEPC Ltd.	19.01
JTL Industries Ltd	15.97
Just Dial Ltd.	15.88
Speciality Restaurants Ltd.	15.13

 The top gainer in the smallcap segment for the week was Goodluck India Ltd. Shares of Goodluck India Ltd rose by 25.32% for the week from the levels of Rs 391.45 to Rs 490.55. The company in its exchange filing clarified that “there is no unpublished price sensitive information or event which has occurred in the company which would have any exclusive bearings on the price of the company’s shares and would result in the significant movement in the prices of the scrip of the company in the recent past.”

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

Rallis India Ltd.	-13.25
Stylam Industries Ltd.	-9.79
Vishnu Chemicals Ltd.	-9.78
Insecticides (India) Ltd.	-9.7
Sanghi Industries Ltd.	-9.09

The losers of smallcap space were led by Rallis India Ltd. The shares of this agrochemical manufacturer fell from Rs 258.05 to Rs 223.85 registering a loss of 13.25% in the stock price. On January 19, the company announced its results for Q3FY23. The company’s top line stood flat gaining 0.3% at Rs 630.39 crore against Rs 628.08 crore from the previous year’s same quarter. Net profit declined by 43% to Rs 22.55 crore from Rs 39.55 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. Also, The

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