Top 5 gainers & losers in the Midcap and Smallcap Segment Week - 62

5paisa Research Team 26th October 2023 - 01:10 pm

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from April 21 to April 27, 2023.

The frontline index S&P BSE Sensex gained 1.67% or 994.32 points during the week and closed at 60,649.38 on April 27, 2023.

The positive rally was broad-based during the week with S&P BSE Mid Cap gaining 1.26% at 23,933.02. The S&P BSE Small Cap ended at 27,139.93, declining 1.49%.

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

Rail Vikas Nigam Ltd.	33.07
Gujarat State Fertilizers & Chemicals Ltd.	23.37
Ircon International Ltd.	15
Raymond Ltd.	14.96
Mangalore Refinery And Petrochemicals Ltd.	14.48

The biggest gainer in the mid-cap segment for the week was Rail Vikas Nigam Ltd. Shares of this PSU rose by 33.07% for the week from the levels of Rs 77.53 to Rs 103.17. On Wednesday, the Finance Ministry approved the upgrade of Rail Vikas Nigam Limited (RVNL) to Navratna Central Public Sector Enterprise (CPSE). RVNL, a public sector undertaking under the Ministry of Railways, will be the 13th Navratna among CPSEs.

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

Ipca Laboratories Ltd.	-16.91
Crompton Greaves Consumer Electricals Ltd.	-12.1
Aavas Financiers Ltd.	-11.32
Voltas Ltd.	-5.62
Piramal Pharma Ltd.	-5.4

The laggards of the midcap segment were led by IPCA Laboratories Ltd. The shares of this pharmaceutical company fell 16.91% from Rs 841.3 to Rs 699.05. The stock hit its 3-year low after the company purchased a 33.38% stake in Unichem Laboratories for a sum of up to Rs 1,034.06 crore (USD 126.3 million).

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:

Indiabulls Real Estate Ltd.	25.93
GE T&D India Ltd.	21.65
Ddev Plastiks Industries Ltd.	20.39
Nelco Ltd.	19.32
Gujarat Industries Power Company Ltd.	18.63

The top gainer in the Smallcap segment was Indiabulls Real Estate Ltd. Shares of this real estate developer rose by 25.93% for the week from the levels of Rs 56.89 to Rs 71.64. The stock gained momentum after the NCLT reserved the order for the merger with Embassy Office Parks.

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

Brightcom Group Ltd.	-18.41
Pennar Industries Ltd.	-13.62
Atul Auto Ltd.	-10.41
Mangalore Chemicals & Fertilizers Ltd.	-10.31
Meghmani Finechem Ltd	-8.9

The losers of small cap space were led by Brightcom Group Ltd. The shares of this digital marketing company fell from Rs 11.95 to Rs 9.75 registering a loss of 18.41% in the stock price. The stock hit its 52-week low on April 27.

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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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