Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
5paisa Research Team
Last Updated: 10th December 2021 - 03:03 pm
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from 3 to 9 December 2021.
The RBI maintained its accommodative stance in the Monetary Policy Committee on December 8, retaining the key lending rate (repo rate) at 4%, reverse repo rate at 3.35% and MSF rate at 4.25%. With increasing concerns over Omicron, the fears of further restrictions on travel and economic activity, which has led to ‘considerable uncertainty on growth dynamics’ for the coming months. The Indian rupee weakened near its 18-month low and closed on 9 December at 75.52 a dollar.
S&P BSE Mid Cap Index closed the last trading session with a gain of 0.38% at 25608.33 and a weekly gain of 1.68%. The midcap segment witnessed a weekly high of 25661.21 and a low of 25454.70. The S&P BSE Smallcap closed at 29014.46 for the week with a gain of 0.80% with a weekly high of 29054.96 and a low of 28782.28. The smallcap segment however saw a gain of 2.42% for the week.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
|
HFCL Ltd. |
29.61 |
|
Network 18 Media & Investments Ltd. |
26.39 |
|
Shree Renuka Sugars Ltd. |
22.67 |
|
National Standard (India) Ltd. |
21.55 |
|
Brightcom Group Ltd. |
21.47 |
The bull rally was led by HFCL Ltd. in the midcap segment. The shares of the company delivered a weekly return of 29.61%. The share price rose from Rs 71.25 to Rs 92.35 during the period. HFCL Limited (formerly known as Himachal Futuristic Communications Limited), is a leading Technology Enterprise manufacturing Optical Fibre, Optical Fibre Cables (OFC), Passive Interconnect Solutions and high-end Transmission and Access Equipment.
The stock has been buzzing due to fund raised by the company through QIP of 8.72 crore equity shares which opened on 6 December and were issued at Rs 68.75 per equity share. Consequently, Reliance industries has increased its stake in the leading integrated telecom network provider to 5% by investing Rs 138 crore.
The top 5 losers from the Midcap segment for this week are as follows:
|
Aavas Financiers Ltd.
|
-8.7
|
|
Go Fashion (India) Ltd.
|
-6.48
|
|
Indigo Paints Ltd.
|
-6.29
|
|
Sundaram-Clayton Ltd.
|
-6.1
|
|
Godfrey Phillips India Ltd.
|
-5.93
|
The laggards of the midcap segment were led by Aavas Financiers Ltd. The shares of the company fell 8.7% from Rs 2780.10 to Rs 2538.35. The stock has registered a loss of 8.66% in the last one month. The company is a retail, affordable housing finance company, primarily serving low- and middle-income self-employed customers in semi-urban and rural areas in India. A majority of its customers have limited access to formal banking credit. The company offers customers home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units.
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:
|
Equippp Social Impact Technologies Ltd.
|
39.67
|
|
Mahanagar Telephone Nigam Ltd.
|
37.57
|
|
Hindustan Construction Company Ltd.
|
32.6
|
|
Ramky Infrastructure Ltd.
|
30.82
|
|
IFCI Ltd.
|
29.26 |
The top gainer in the Smallcap segment was Equippp Social Impact Technologies Ltd. The stock surged 39.67% for the week and rose from Rs 93.15 to Rs 130.10 during the period. It has given multibagger returns and rallied 38164% in the last one year. The stock is trading close to its 52-week high of Rs 136.60. The company is operating in one of the fastest-growing industries in the world - Internet Advertising.
The top 5 losers in the Smallcap segment for this week are as follows:
|
Balu Forge Industries Ltd.
|
-30.69
|
|
NXTDigital Ltd.
|
-12.42
|
|
Panacea Biotec Ltd.
|
-10.18
|
|
Inox Wind Ltd.
|
-10.15
|
|
Fino Payments Bank Ltd.
|
-9.45 |
The losers of smallcap space were led by Balu Forge Industries Ltd. The shares of the company fell from Rs 204.95 to Rs 142.05 registering a loss of 30.69% in the stock price. It has registered a loss of 45.05% in the last one month. The company is engaged in the manufacturing of agricultural machinery such as Tractor trailers, MB ploughs, Spring Cultivators, Reversible Ploughs and Disc Harrow. Currently, the company is into the job work of ancillaries unit of auto industry.
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