Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
5paisa Research Team
Last Updated: 12th November 2021 - 02:49 pm
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from 5 to 11 November 2021.
US Inflation jumped to a 30 year high of 6.2% in October which was higher than the consensus of 5.9%. The inflation fueled the fear factor looming around a rate hike in the US, which would make the emerging markets lose their sheen and trigger a sell-off. Indian equity markets witnessed bearish sentiments amid the US Inflation jump whereas Bond markets were unaffected on the back of RBI’s assurance of inflations numbers in place and continued accommodative stance.
No significant movement was found in S&P BSE Midcap Index which closed the last trading session with a marginal gain of 0.87% at 26219.07 for the 4 trading sessions for the week. Meanwhile, it logged a loss of 3.91% from its 52-week high of 27246.34 on 19 October. The premium of BSE Midcap and Smallcap saw a decline on account of overheated valuations. The S&P BSE Smallcap closed at 29159.39 for the week with a marginal gain of 0.89% and a loss of 4.31% from its 52-week high of 30416.82 on 19 October.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
|
National Standard (India) Ltd. |
21.55 |
|
Brightcom Group Ltd. |
21.49 |
|
KPIT Technologies Ltd. |
15.82 |
|
VIP Industries Ltd.
|
13.61
|
|
RattanIndia Enterprises Ltd. |
13.5 |
The bull rally was led by National Standard (India) Ltd in the mid-cap segment. The shares of the company delivered a weekly return of 21.55%. The share price of the company rose from Rs 12671.95 to Rs 15402.7 during the period. The multibagger stock has been buzzing for some time logging gains of 178.58% in just one month while a mindboggling return of 2268% in 6 months and 2224.23% in the last one year.
National Standard (India) Ltd operates as a subsidiary of Anantnath Constructions and Farms Private Limited. The company is engaged in the manufacture of bead wire for tyres and other types of specialized wires. The company is a major exporter of tyre bead-wire and tyre moulds. They have specially developed hi-tensile tyre bead-wire with high tin content in the bronze plate, for the overseas markets. The company has also diversified into the development and construction of residential real estate projects in Mumbai, India.
The top 5 losers from the Midcap segment for this week are as follows:
|
Firstsource Solutions Ltd.
|
-10.64
|
|
Bharat Heavy Electricals Ltd.
|
-9.62
|
|
Balaji Amines Ltd.
|
-9.35
|
|
KRBL Ltd.
|
-7.89
|
|
Laurus Labs Ltd.
|
-7.25
|
The laggards of the midcap segment were led by Firstsource Solutions Ltd. The shares of the company declined 10.64% from Rs 200.60 to Rs 179.25. The company is engaged in the business of providing customer management services like contact centre, transaction processing and debt collection services including revenue cycle management in the healthcare industry. The company declared its second-quarter results on 10 November. Sales rose 20.36% and Net profit rose 28.23% to Rs 135.01 crores on YoY basis for the company. The share of the company fell sharply by 9.4% after the results were declared.
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:
|
3I Infotech Ltd. |
39.53 |
|
Subex Ltd. |
25.47 |
|
Monte Carlo Fashions Ltd. |
24.54 |
|
EKI Energy Services Ltd. |
21.55 |
|
Raghuvir Synthetics Ltd. |
21.51 |
The top gainer in the Smallcap segment 3I Infotech Ltd. The buzzing stock surged nearly 39.53% for the week. Share price of the company rose from Rs 48.7 to Rs 67.95 during the period. The stock has given multibagger returns, it has rallied of 366% in the month of October and has given share price returns of 2142% in last one year.
3I Infotech is a global Information Technology company which provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals.
The top 5 losers in the Smallcap segment for this week are as follows:
|
NGL Fine-Chem Ltd. |
-16.04 |
|
Fairchem Organics Ltd. |
-13.24 |
|
Godawari Power And Ispat Ltd. |
-11.94 |
|
GTL Infrastructure Ltd. |
-11.76 |
|
Goldiam International Ltd. |
-11.51 |
The losers of smallcap space were led by NGL Fine-Chem Ltd. The shares of NGL Fine- Chem fell from Rs 3275.60 to Rs 2750.25 registering a loss of 16.04% in the stock price. NGL Fine-Chem is a manufacturer of pharmaceuticals and intermediates for usage in veterinary and human health. Last week the stock has registered gains of 21.6% which saw a reversal this week. The second quarter results declared by the company saw an increase in revenue of 15.09% but Net Profit decreased by 4.10% on a YoY basis.
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