Weekly movers: Hits and misses in the large-cap space during the week -39

5paisa Research Team 26th October 2023 - 12:42 pm

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from April 7 to April 13, 2023.

The frontline index S&P BSE Sensex gained 0.98% or 584.49 points during the week and closed at 60,431 on April 13, 2023.

The positive rally was broad based during the week with S&P BSE MidCap closing up by 1.14% at 24,720.57. The S&P BSE SmallCap also ended at 28,149.58 gaining 1.36%.

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

Reliance Infrastructure Ltd.	12.81
Data Patterns (India) Ltd.	12.38
Balaji Amines Ltd.	11.05
Tanla Platforms Ltd.	10.57
Nippon Life India Asset Management Ltd.	9.94

The biggest gainer in the mid-cap segment for the week was Reliance Infrastructure Ltd. Shares of this infrastructure company rose by 12.81% for the week from the levels of Rs 146.75 to Rs 165.55. 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 from the Midcap segment for this week are as follows:

Eureka Forbes Ltd.	-7.72
Rajesh Exports Ltd.	-6.63
Jindal Stainless Ltd.	-6.41
PNB Housing Finance Ltd.	-5.88
Blue Dart Express Ltd.	-5.41

 The laggards of the midcap segment were led by Eureka Forbes Ltd. The shares of this company fell 7.72% from Rs 423.65 to Rs 390.95. Eureka Forbes Limited is a part of the Shapoorji Pallonji group and is engaged in the health and hygiene segment with product profiles comprising water purifiers, vacuum cleaners, air purifiers, and home security systems.

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:

Vinyl Chemicals (India) Ltd.	35.2
DB Realty Ltd.	24.57
Reliance Power Ltd.	17.23
Seamec Ltd.	15.67
Timex Group India Ltd.	14.68

 The top gainer in the small-cap segment is Vinyl Chemicals (India) Ltd. Shares of this chemical company rose by 35.2% for the week from the levels of Rs 406.95 to Rs 550.2. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by market forces.

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

Brightcom Group Ltd.	-12.73
SEPC Ltd.	-9.94
EKI Energy Services Ltd.	-9.26
Rossari Biotech Ltd.	-9.15
Agro Tech Foods Ltd.	-6.88

The losers of small cap space were led by Brightcom Group Ltd. The shares of this IT-enabled service company fell from Rs 17.67 to Rs 15.42 registering a loss of 12.73% in the stock price.

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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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