Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
5paisa Research Team
Last Updated: 20th May 2022 - 04:40 pm
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 13 to 20, 2022.
As fear of impending recession intensifies, market sell-off deepens led by FPIs. Adding to the woes, global majors failed to post decent quarterly results which was penalized by a rapid sell-off in those companies, affecting the market sentiment at large and far-reaching. Taking global cues Indian indices closed for the week worse off than they began with few spells of positive movements.
The Benchmark Index S&P BSE Sensex closed for the week at 52792.23 which is lower by 0.26% or 138.08 points.
The broader market remained volatile with S&P BSE Mid Cap closing at 22069.73, up 1.96% or 424.6 points for the week. The S&P BSE Small Cap closed at 25801.04 up 3.22% or 805.53 points.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
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Mangalore Refinery & Petrochemicals Ltd.
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30.43
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29.05
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Triveni Engineering & Industries Ltd.
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21.93
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17.44
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15.59
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Mangalore Refinery & Petrochemicals Ltd (MRPL) was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 30.43% from the levels of Rs 67.7 to Rs 88.3. The stock has given multi bagger returns in the last three months, rallying 106.79%. MRPL has been logging fresh 52-week highs while hitting the upper circuit of 20% in several sessions, with Rs 93.4 as the latest 52-week high in yesterday’s session.
The top 5 losers from the Midcap segment for this week are as follows:
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-28.29
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-16.09
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-13.61
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-12.08
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-8.7
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The laggards of the mid-cap segment were led by Amber Enterprises India Ltd. The shares of the company fell 28.29% from Rs 3376.45 to Rs 2421.35. Amber Enterprises India is a market leader in the room air conditioner (RAC) OEM/ODM industry in India. The company posted weak Q4 results on May 13, wherein net sales rose by 21.16% to Rs 1936.70 crore and PAT was down by 22.46% at Rs 59.30 crore on a YoY basis. PAT margins shrunk by 102 bps YoY. The stock plummeted in the next trading session by 20% and yesterday it logged its fresh 52-week low of Rs 2412.20, a sharp decline within a month from 52-week high of Rs 4023.15 logged on May 2 wiping off two-thirds of the shareholders' wealth from the highs of Rs 4023.15.
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:
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36.68
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Datamatics Global Services Ltd.
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30.9
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30.49
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30.05
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Pearl Global Industries Ltd.
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20.8
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The top gainer in the Smallcap segment was Orient Bell Ltd. The stock surged 36.68% for the week from the levels of Rs 415.6 to Rs 3568.05. The ceramic and floor tile company reported robust performance in Q4 wherein the net sales grew by 18.51% on YoY basis at Rs 213.81 crore. PAT doubled on a YoY basis to Rs 16.19 crore from Rs 8.01 crore and PAT margins expanded by 309 bps on a YoY basis and was logged at 7.5% for the quarter.
The top 5 losers in the Smallcap segment for this week are as follows:
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-17.87
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-13.71
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-10.66
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-9.77
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-9
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The losers of small cap space were led by Future Retail Ltd (FRL). The shares of the company fell from Rs 14.55 to Rs 11.95 registering a loss of 17.87% in the stock price. The debt-ridden Future Group has been defaulting its interest payments for months in a row, FRL among other group of companies faces an insolvency plea filed by the Bank of India. FRL has been granted time till June 6 to reply to the plea. The stock has been having a free fall on the bourses with a monthly loss of 58.93% while YTD loss of 77.20 per cent.
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