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

5paisa Research Team 25th February 2023 - 12:38 pm

List of top 5 gainers and losers in the midcap and smallcap segment for the week from February 17 to February 23, 2023.

The frontline index S&P BSE Sensex declined 2.29% or 1396.77 points during the week and closed at 59,605.80 on February 23, 2023.

The fall was broad based during the week with S&P BSE MidCap declining by 1.88% at 24,220.34. While, the S&P BSE SmallCap ended at 27,626.56 declining 1.50%.

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

Equitas Small Finance Bank Ltd.	18.6
Zensar Technologies Ltd.	12.51
Bharat Dynamics Ltd.	11.04
Star Health and Allied Insurance Company Ltd.	10.49
Allcargo Logistics Ltd.	8.36

The biggest gainer in the mid-cap segment for the week was Equitas Small Finance Bank Ltd. Shares of this bank rose by 18.6% for the week from the levels of Rs 58.6 to Rs 69.5. Equitas Small Finance Bank Ltd was a wholly-owned subsidiary of Equitas Holding Ltd prior to obtaining a small bank license. The holding company began operations in the microfinance sector in 2007 and expanded into vehicle and housing finance in 2011. In 2013, we also ventured into SME and LAP. It merged with the other two subsidiaries, Equitas Microfinance Ltd and Equitas Housing Finance Ltd, to form a bank. After receiving a license in September 2016, the company began operations as Equitas Small Finance Bank.

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

Data Patterns (India) Ltd.	-13.27
Aditya Birla Fashion and Retail Ltd.	-11.71
Tata Teleservices (Maharashtra) Ltd.	-10.53
Rajesh Exports Ltd.	-9.54
RHI Magnesita India Ltd.	-8.41

 The laggards of the midcap segment was led by Data Patterns (India) Ltd. Shares of Data Patterns fell 13.27% from Rs 1435.15 to Rs 1244.7. Data Patterns is a vertically integrated provider of defence and aerospace electronics solutions to the indigenously developed defence products industry. The company has proven in-house design and development capabilities as well as over three decades of experience in the defence and aerospace electronics space.

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:

EKI Energy Services Ltd.	26.16
Lumax Auto Technologies Ltd.	18.7
Everest Kanto Cylinder Ltd.	15.19
Sanghi Industries Ltd.	13.11
Nucleus Software Exports Ltd.	12.89

The top gainer in the smallcap segment EKI Energy Services Ltd. Shares of this company rose by 26.16% for the week from the levels of Rs 625.65 to Rs 789.3. The stock has been in a continuous upper circuit for the week after hitting its 52-week low during the week.

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

Capacit'e Infraprojects Ltd.	-19.2
Pokarna Ltd.	-16.93
DB Realty Ltd.	-12.81
Primo Chemicals Ltd.	-11.5
Igarashi Motors India Ltd.	-11.2

The losers of small cap space was led by Capacit'e Infraprojects Ltd. The shares of this construction company fell from Rs 144.55 to Rs 116.8 registering a loss of 19.2% in the stock price. On February 22, the company’s credit rating was downgraded to “IND BB+” by India Ratings and Research.

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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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