Top 5 gainers and losers in the Midcap and Smallcap segment during this week!

resr 5paisa Research Team

Last Updated: 3rd June 2022 - 01:56 pm

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List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 27 to June 2, 2022.

This week in the stock market was predominantly positive with no major negative triggers from the global and domestic economy. Indian economy grew by 4.1% in Q4 FY22, however, the rate of growth slowed for third consecutive quarter.Benchmark Index S&P BSE Sensex closed for the week at 55818.11 stronger by 2.89% or 1566 points.

The broader market recouped more strength with S&P BSE Mid Cap closing at 22143.45 up 4.37% or 967.76 points for the week. The S&P BSE Small Cap closed at 25318.05 up by 5.44% or 1376.73 points.

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

 

 

RattanIndia Enterprises Ltd. 

 

39.29 

 

Raymond Ltd. 

 

37 

 

Fine Organic Industries Ltd. 

 

33.67 

 

Timken India Ltd. 

 

32.39 

 

Suzlon Energy Ltd. 

 

27.34 

 

 RattanIndia Enterprises Ltd. (RPL) was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 39.29% from the levels of Rs 40.85 to Rs 56.9. RPL has posted the highest ever total revenue of Rs 3,613 crore with a growth of 66% in FY 22 vs FY 21. PAT stood at Rs 348 Crore vs Rs 97 Crore showing a strong growth of 260% during the same period. On a quarterly basis the company has clocked PAT of Rs 137 Crore in Q4 FY 22 vis-a-vis Rs 63 crore in Q4 FY 21 with an increase of 118% YoY.

The top 5 losers from the Midcap segment for this week are as follows:

Brightcom Group Ltd

 

-9.94 

 

Metropolis Healthcare Ltd. 

 

-5.31 

 

PB Fintech Ltd

 

-4.9 

 

Sapphire Foods India Ltd. 

 

-4.81 

 

ZF Commercial Vehicle Control Systems India Ltd. 

 

-4.72 

 

 The laggards of the midcap segment were led by Brightcom Group Ltd. The highly volatile stock was the biggest mid cap gainer last week and this week shares of the company fell 9.94% from Rs 64.4 to Rs 58. The adtech company was one of the multi bagger stock of 2021 had posted robust financial results for the quarter and year ended on March 31,2022 owing to increased consumer usage of digital media and digital channels to conduct commerce across the world, post the pandemic. The company also announced its intent to acquire Digital Audio company to improve our Audio advertising footprint in the US.

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:

PG Electroplast Ltd. 

 

29.83 

 

Mirza International Ltd. 

 

28.57 

 

Shiva Cement Ltd. 

 

25.6 

 

Monte Carlo Fashions Ltd

 

23.93 

 

Sterling Tools Ltd. 

 

23.73 

 

 The top gainer in the Smallcap segment was PG Electroplast Ltd. The stock surged 29.83% for the week from the levels of Rs 692 to Rs 898.4. The ODM, OEM and Plastic injection moulding company reported upbeat performance in Q4 despite various headwinds on account of higher commodity prices wherein the net sales grew by 51.7 per cent on YoY basis at Rs 4998 crore. EBITDA grew by 107.5% on a YoY basis to Rs 525 crore from Rs 253 crore and Net Profit at Rs 276 grew by 164.7% on a YoY basis for the quarter.

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

Hikal Ltd.

 

-17 

JSW Ispat Special Products Ltd. 

 

-16.67 

 

Butterfly Gandhimathi Appliances Ltd. 

 

-15.49 

 

Thyrocare Technologies Ltd. 

 

-8.41 

 

Asian Granito India Ltd. 

 

-8.33 

 

The losers of small cap space were led by Hikal Ltd. The shares of the company fell from Rs 382 to Rs 317.05 registering a loss of 17% in the stock price. The company posted weak Q4 results on May 28 wherein net sales fell by 5.6% to Rs 502 crore and PAT was down by 58.8% at Rs 21 crore on YoY basis. The pharmaceutical segment saw muted revenue growth due to demand softening and lower off-take by the customers while facing headwinds from supply chain disruptions and a significant increase in input costs which yielded pressure on margins in Q4. The share logged its 52-week low in yesterday’s session at Rs 315.05.

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