Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
Last Updated: 9th December 2022 - 01:29 pm
List of top 5 gainers and losers in the Midcap and Smallcap segments for the week from February 25 to March 3, 2022.
As tension over the Russian invasion of Ukraine escalated world over, the global markets jittered, crude oil prices rebound to $120 per barrel on fear of Western sanctions on Russia (biggest exporter of crude & oil products). Gold, the safe haven was soaring 7% as the stock market turned volatile. The benchmark indices traded amid much volatility with BSE Sensex closing 1.05% or 573 points up at 55102.68 after its 10th biggest fall on February 24.
The broader market also turned much more volatile with BSE Mid Cap closing at 23166.23 up 4.09% or 909 points recovering previous week’s losses. The BSE Small Cap similarly amid much volatility closed at 26724.09 up 5.25% or 1333 points. Among sectoral indices metal, power, oil& gas experienced positive action will Auto, Banks and IT felt the brunt.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
Godawari Power And Ispat Ltd.
|
23.45
|
Aegis Logistics Ltd.
|
22.61
|
Hitachi Energy India Ltd.
|
21.21
|
Shipping Corporation Of India Ltd.
|
19.42
|
KIOCL Ltd.
|
18.05
|
The bull rally was led by Godawari Power and Ispat Ltd in the mid-cap segment. The shares of the company delivered a weekly return of 23.45% from the levels of Rs 294.70 to Rs 363.80. The stock has hit an upper circuit limit of 10% at Rs 351.15 on Wednesday, March 2, extending gains for all the trading sessions for the week. Godawari Power & Ispat, an end-to-end manufacturer of mild steel wires has last week announced an entire stake sale in Godavari Green Energy for Rs 665 crore to Virescent Renewable Energy Trust. The stock has been volatile since then. In the past one year, it has surged 145.60% while the benchmark Sensex has added 7.11% during the same period.
The top 5 losers from the Midcap segment for this week are as follows:
Kajaria Ceramics Ltd.
|
-14.13
|
Carborundum Universal Ltd.
|
-11.54
|
Varroc Engineering Ltd.
|
-10.81
|
Endurance Technologies Ltd.
|
-10.63
|
Dalmia Bharat Ltd.
|
-9.29
|
The laggards of the mid-cap segment were led by Kajaria Ceramic Ltd. The shares of the company fell 14.13% from Rs 1119.65 to Rs 961.4. The ceramic and vitrified tile manufacturer has been under selling pressure in the last one month where it lost 25.61%. The stock has fallen 32% since it logged its 52-week high on January 19 this year.
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:
Excel Industries Ltd.
|
24.23
|
The State Trading Corporation Of India Ltd.
|
21.92
|
Sarda Energy & Minerals Ltd.
|
20.9
|
Nahar Poly Films Ltd.
|
20.49
|
Syncom Formulations (India) Ltd.
|
15.58
|
The top gainer in the Smallcap segment was Excel industries Ltd. The stock surged 24.23% for the week from the levels of Rs 1227.70 to Rs 1525.15. Excel Industries Ltd which is engaged in the manufacturing of Agrochemical intermediates and specialty chemicals, logged its fresh 52-week high in yesterday’s trading session at Rs 1560.25 extending gains for fourth straight trading session.
The top 5 losers in the Smallcap segment for this week are as follows:
Responsive Industries Ltd.
|
-14.72
|
KBC Global Ltd.
|
-9.75
|
Mayur Uniquoters Ltd.
|
-9.51
|
SVP Global Textiles Ltd.
|
-8.94
|
Kuantum Papers Ltd.
|
-7.62
|
The losers of small cap space were led by Responsive Industries Ltd. The shares of the company fell from Rs 188.50 to Rs 160.75 registering a loss of 14.72% in the stock price. The week was extremely volatile for the manufacturer of PVC products, after gaining 13.35% on February 25, the stock reversed all its day’s gain in the next trading session losing 13.45%.
Trending on 5paisa
Discover more of what matters to you.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.