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

5paisa Research Team 24th March 2023 - 12:54 pm

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

The frontline index S&P BSE Sensex declined 0.11% or 64.62 points during the week and closed at 57,925.28 on March 23, 2023.

The fall was broad based during the week with S&P BSE Midcap declining by 0.74% at 23,933.02. The S&P BSE Smallcap ended at 27,139.93 declining 0.10%.

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

Anupam Rasayan India Ltd.	13.82
Gland Pharma Ltd.	8.94
Fine Organic Industries Ltd.	8.75
Manappuram Finance Ltd.	8.04
Angel One Ltd.	7.79

The biggest gainer in the mid-cap segment for the week was Anupam Rasayan India Ltd. Shares of this speciality chemical company rose by 13.82% for the week from the levels of Rs 748.9 to Rs 852.4. On Thursday, the company announced that it has signed a Letter of Intent worth USD 120 Million (Rs 984 crores) with one of the Leading Japanese Chemical companies for the next 6 years to supply new age advance intermediate for life science active ingredients.

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

Easy Trip Planners Ltd.	-8.36
Mangalore Refinery And Petrochemicals Ltd.	-8.26
Capri Global Capital Ltd.	-8
Medplus Health Services Ltd.	-7.68
GMR Airports Infrastructure Ltd.	-7.5

The laggards of the midcap segment were led by Easy Trip Planners Ltd. The shares of this travel agency fell 8.36% from Rs 46.31 to Rs 42.44. On March 20, the company completed 2 years of listing. As a way to celebrate two years since their IPO launch, the company has offered discount deals on booking flights, hotels, and buses.

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:

Valiant Organics Ltd.	23.58
Gujarat Themis Biosyn Ltd.	20.59
Aarti Drugs Ltd.	17.95
Shivalik Bimetal Controls Ltd.	16.72
Arman Financial Services Ltd.	14.89

 The top gainer in the Smallcap segment is Valiant Organics Ltd. Shares of this speciality chemical company rose by 23.58% for the week from the levels of Rs 385.45 to Rs 476.35. The company is engaged in the business of manufacturing chemicals for Agro Intermediate and Pharma.

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

Sobha Ltd.	-20.03
Vakrangee Ltd.	-13.12
Seamec Ltd.	-9.2
Hi-Tech Pipes Ltd.	-9.09
Optiemus Infracom Ltd.	-8.99

The losers of small-cap space were led by Sobha Ltd. The shares of this real estate developer fell from Rs 545.75 to Rs 436.45 registering a loss of 20.03% in the stock price. Shares of the company fell as the company disclosed that the income tax department conducted raids at its registered office and other premises.

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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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