Top five gainers and losers in the mid-cap and small-cap segment during this week!

resr 5paisa Research Team 14th December 2022 - 12:37 am
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List of the top five gainers and losers in the mid-cap as well as the small-cap segment for the week from December 24 to 30, 2021.

The Indian stock markets saw an unprecedented bull rally amid the second outbreak of the deadly virus and standstill of operation for a few months, supply chain bottlenecks, rising inflation, and steeper raw material prices. Despite the hurdles, Sensex hit its record high of 62,245, logging a yearly gain of 21 per cent. Taking a cue from the global festive sentiment, the markets largely traded flat during Christmas week but with a hope of experiencing similar exuberance in 2022.

S&P BSE MidCap Index, on Thursday, closed on a flat note with a loss of 0.22 per cent at 24,630.81 and a weekly loss of 0.04 per cent. The mid-cap segment witnessed a weekly high of 24,728.10 and a low of 24,569.89. S&P BSE SmallCap also closed flattish at 29,121.04; however, with a gain of 0.19 per cent. For the week, the small-cap segment witnessed a gain of 2.04 per cent with a weekly high of 29,224.70 and a low of 29,068.48. 

Let us have a look at the top five gainers and losers in the mid-cap space for this week:

 

 

Graphite India Ltd 

 

28.70 

 

EKI Energy Services Ltd 

 

21.55 

 

Suzlon Energy Ltd 

 

21.16 

 

HEG Ltd 

 

16.84 

 

NIIT Ltd 

 

16.53 

 

The bull rally was led by Graphite India Ltd in the mid-cap segment. The shares of the company delivered a weekly return of 28.70 per cent. During this period, the shares of the company rose from Rs 407.60 to Rs 524.60. The 12-month stock returns for the company were 70.82 per cent, logging a 52-week high of Rs 815.35 and a 52-week low of Rs 299.10.

Graphite India Limited (GIL) is a pioneer in India for manufacturing Graphite electrodes as well as carbon and Graphite speciality products. GIL's manufacturing facilities are spread across several plants in India and it has also got a 100 per cent owned subsidiary at Nuremberg (Germany) by the name - Graphite COVA GmbH.

The top five losers from the mid-cap segment for this week are as follows:

RBL Bank Ltd 

 

-24.41 

 

National Standard (India) Ltd 

 

-15.83 

 

Borosil Renewables Ltd 

 

-7.54 

 

MMTC Ltd 

 

-6.73 

 

Indraprastha Gas Ltd 

 

-5.73 

 

 The laggards of the midcap segment were led by RBL Bank Limited. The shares of the company fell 24.41 per cent from Rs 172.50 to Rs 130.40. The shares of RBL Bank tumbled 18.32 per cent on December 27 (Monday), on account of CEO Vishwavir Ahuja’s sudden medical leave and RBI appointing Yogesh Dayal as an Additional Director on the board of the bank for a period of two years. The shares of the company logged their 52-week low of Rs 129.45 on December 30 while the 52-week high stood at Rs 274 on January 8. The stock price returns ended on a negative territory of 43.93 per cent for the 12-month period.

Let us move towards the top five gainers and losers in the small-cap segment:

 

The top five gainers in the small-cap segment for this week are as follows:

Kingfa Science & Technology (India) Ltd 

 

41.52 

 

Shriram EPC Ltd 

 

40.26 

 

Nureca Ltd 

 

38.52 

 

Responsive Industries Ltd 

 

37.63 

 

Syncom Formulations (India) Ltd 

 

32.00 

 

The top gainer in the small-cap segment was Kingfa Science & Technology (India) Limited. The stock surged 41.52 per cent for the week. During this period, the share price of the company rose from Rs 770.30 to Rs 1,010.25. The stock has given multi-bagger returns as it rallied 178.54 per cent in the last one year. In Thursday’s trading session, the stock hit its 52-week high of Rs 1,598, logging the day’s gain of 15.58 per cent. The company manufactures as well as sells all kinds of plastics & resins including compounds intermediate derivatives and by-products.

The top five losers in the small-cap segment for this week are as follows:

Raghuvir Synthetics Ltd 

 

-18.54 

 

Ritesh Properties & Industries Ltd 

 

-18.53 

 

ISGEC Heavy Engineering Ltd 

 

-7.94 

 

Shoppers Stop Ltd 

 

-7.59 

 

Kewal Kiran Clothing Ltd 

 

-7.25 

 

The losers of small-cap space were led by Raghuvir Synthetics Limited. The shares of the company fell from Rs 977.65 to Rs 796.40, registering a loss of 18.54 per cent in the stock price. The stock logged its 52-week high of Rs 1,026.50 on December 27 after hitting the upper circuit for 46 straight sessions. The stock of the textile company has zoomed 444 per cent since October 28 after it turned ex-date for the stock split in the ratio of 1:10. The stock has soared 3,747 per cent in the last 12 months and around 95 per cent in just one month. It ended as the biggest loser in the small-cap space on account of profit booking after the steep rise in its stock price.

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