Top 5 gainers and losers in the Midcap and Smallcap segment in November 2021!

resr 5paisa Research Team 13th December 2022 - 08:48 am
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Here is the list of top 5 gainers and losers in the Midcap and Smallcap segments for November 2021.

The economy grew at 8.4% for the second quarter of FY 21-22 on the backdrop of easing of Covid induced restrictions and increased pace of vaccination and most importantly on account of the low base of 7.4% contraction. With this, the economy expanded 13.7% during the first half of this fiscal year. The FII were net sellers at Rs 39901.92 crore and DII were net buyers at Rs 30560.27 crore for the month. The market was in a correction mode taking a cue from global markets on the rising concerns of the new Covid variant Omicron, with many states taking stringent measures on testing and quarantine protocols.

S&P BSE Midcap Index contracted for the month with a loss of 2.33% at 24687.60 The midcap segment witnessed a monthly high of 25159.75 and a low of 24580.07. The midcap segment shed 10.36% from its 52-week high of 27246.34 on October 19, 2021.

The S&P BSE Smallcap closed at 27937.31 for the month with a loss of 0.16%, with a monthly high of 28225.33 and a low of 27856.56. The smallcap segment shed 8.88% from its 52-week high of 30416.82 on October 19, 2021.

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

 

 

Tata Teleservices (Maharashtra) Ltd 

 

112.94 

 

Brightcom Group Ltd. 

 

88.59 

 

KPIT Technologies Ltd. 

 

60.05 

Olectra Greentech Ltd. 

 

45.12 

 

Elgi Equipments Ltd. 

 

38.58 

 

The bull rally was led by Tata Teleservices (Maharashtra) Ltd in the midcap segment. The shares of the company delivered a monthly return of 112.94%. The share price of the company rose from Rs 52.55 to Rs 111.90 during the period. Tata Teleservices (Maharashtra) Limited is one of the leading mobile telecom service providers delivering mobile connectivity and services to consumers across Mumbai and Maharashtra circle. The shares touched 52-week high of Rs 111.90 in November.

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

Graphite India Ltd. 

 

-23.74 

 

Manappuram Finance Ltd. 

 

-21.39 

 

CreditAccess Grameen Ltd. 

 

-19.52 

 

JM Financial Ltd. 

 

-19.12 

 

PVR Ltd. 

 

-18.18 

 

The laggards of the midcap segment were led by Graphite India Ltd. The shares of the company fell 23.74% from Rs 536.45 to Rs 409.10. Graphite India Limited (GIL) is the pioneer in India for the manufacture of Graphite Electrodes as well as Carbon and Graphite Speciality products. GIL's manufacturing facilities are spread across many plants in India and it has also got a 100% owned subsidiary at Nuremberg, Germany, by the name Graphite COVA GmbH.

 

Gainers and losers in the Smallcap segment for November

 

The top 5 gainers in the Smallcap segment for November are as follows

Raghuvir Synthetics Ltd. 

 

164.51 

 

Radhe Developers (India) Ltd. 

 

149.40 

 

3I Infotech Ltd. 

 

148.32 

 

GRM Overseas Ltd. 

 

79.58 

 

EKI Energy Services Ltd. 

 

69.94 

 

The top gainer in the Smallcap segment was Raghuvir Synthetics Ltd. The stock surged 164.51% for the month. Share price of the company rose from Rs 153.70 to Rs 406.55 during the period. The stock clocked its 52-week high at Rs 406.55 on November 30. Raghuvir Synthetics Ltd is one of the largest textile processing companies covering variety of products.

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

Equippp Social Impact Technologies Ltd. 

 

-27.67 

 

Ujjivan Financial Services Ltd. 

 

-25.39 

 

Godawari Power And Ispat Ltd. 

 

-25.07 

 

Meghmani Finechem Ltd 

 

-24.84 

 

Paras Defence And Space Technologies Ltd. 

 

-24.78 

The losers of small cap space were led by Equippp Social Impact Technologies Ltd. The shares of the company fell from Rs 123.05 to Rs 89 registering a loss of 27.67%. The stock has been very volatile and is facing selling pressure, driving the stock price down.

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