Top 5 gainers and losers in the Midcap and Smallcap segment during this week!

5paisa Research Team 26th May 2023 - 02:04 pm

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 19 to May 25, 2023.

The frontline index S&P BSE Sensex gained 0.23% or 142.94 points during the week and closed at 61,872.62 on May 25, 2023.

The positive rally was broad based during the week with S&P BSE Mid Cap gaining 1.65% at

26,584.54. The S&P BSE Small Cap ended at 30,014.82 gaining 0.90%.

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

Dixon Technologies (India) Ltd.	18.6
Elgi Equipments Ltd.	17.97
Ceat Ltd.	15.22
Suzlon Energy Ltd.	15.18
Ingersoll-Rand (India) Ltd.	12.79

The biggest gainer in the mid-cap segment for the week was Dixon Technologies (India) Ltd. Shares of this consumer durables manufacturer rose by 18.6% for the week from the levels of Rs 3034.5 to Rs 3599. The stock rallied on the back of a strong financial performance of the company for the quarter ended March 31, 2023, with a 28% rise in net profit.

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

Gland Pharma Ltd.	-13.7
Cochin Shipyard Ltd.	-12.33
JK Lakshmi Cement Ltd.	-11.36
Chemplast Sanmar Ltd.	-7.26
Bank Of Maharashtra	-7.25

The laggards of the midcap segment were led by Gland Pharma Ltd. The shares of this pharmaceutical company fell 13.7% from Rs 1070.8 to Rs 924.05. The stock hit its 52-week low during the week as the company posted weak financial performance for the quarter and year ended March 31, 2023.

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:

Optiemus Infracom Ltd.	35.06
Schneider Electric Infrastructure Ltd.	19.48
Indiabulls Real Estate Ltd.	18.2
Fineotex Chemical Ltd.	18.19
Sudarshan Chemical Industries Ltd.	18.19

The top gainer in the Smallcap segment was Optiemus Infracom Ltd. Shares of this mobile handset distributor rose by 35.06% for the week from the levels of Rs 174.85 to Rs 236.15. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces.

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

GE T&D India Ltd.	-19.88
Polyplex Corporation Ltd.	-14.22
GRM Overseas Ltd.	-11.48
Dishman Carbogen Amcis Ltd.	-10.93
Garden Reach Shipbuilders & Engineers Ltd.	-10.41

The losers of small cap space were led by GE T&D India Ltd. The shares of this power transmission company fell from Rs 234.2 to Rs 187.65 registering a loss of 19.88% in the stock price. The company reported a loss of Rs 15.35 crore for the quarter ended March 31, 2023.

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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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