Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
Last Updated: 21st January 2022 - 04:04 pm
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from January 14 to 20, 2022.
The benchmark indices witnessed turbulent last 3 trading sessions wherein BSE Sensex shed 2.89% or 1770 points as the market participants exhibited negative sentiment on account of rising bond yields and global oil prices. While the US 10-year bond yield hit a high of 1.9%, the global oil prices hit a high of US$ 88/barrel.
S&P BSE Mid Cap Index closed at 25464.31 with a week’s loss of 2.16% in yesterday’s trading session much in tune with the benchmark indices. The S&P BSE Smallcap, however, logged a 52-week high of 31304.44 on January 18 and closed for the week at 30565.63 with a loss of 0.75%.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
Metro Brands Ltd.
|
19.88
|
SIS Ltd.
|
15.57
|
TV18 Broadcast Ltd.
|
14.42
|
Medplus Health Services Ltd.
|
14.26
|
MMTC Ltd.
|
12.63
|
The bull rally was led by Metro Brands Ltd in the midcap segment. The shares of the company delivered a weekly return of 19.88%. The share price of the company rose from Rs 507.90 to Rs 608.85 during the period. The leading shoe brand company, which recently got listed on the bourses presented stellar Q3 results with a 59 per cent jump in Consolidated Revenue from Operation of Rs 484 crore on YoY Basis while showing a 53% jump in Consolidated Net profit Rs 102 crore on YoY basis, delivering best quarterly revenue and net profit.
The top 5 losers from the Midcap segment for this week are as follows:
Sterlite Technologies Ltd.
|
-18.97
|
Dr. Lal Pathlabs Ltd.
|
-12.3
|
Metropolis Healthcare Ltd.
|
-10.54
|
Mastek Ltd.
|
-10.23
|
Granules India Ltd.
|
-10.12
|
The laggards of the midcap segment were led by Sterlite Technologies Ltd. The shares of the company fell 18.97% from Rs 274.10 to Rs 222.10. The share price tumbled around 9% on January 19, after the company reported weak numbers for Q3 wherein the company reported a consolidated net loss of Rs 137 crore in Q3 FY22 as compared to a net profit of Rs 86.64 crore posted in Q3 FY21. Revenue from operations grew by just 3.1% to Rs 1,355.5 crore in Q3 FY22 from Rs 1,314 crore posted in Q3 FY21.
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:
HSIL Ltd.
|
46.48
|
Precision Wires India Ltd.
|
44.44
|
Kellton Tech Solutions Ltd.
|
37.96
|
Onmobile Global Ltd.
|
27.80
|
Welspun Specialty Solutions Ltd.
|
24.81
|
The top gainer in the Smallcap segment was Hindustan Sanitart & Industries Ltd (HSIL). The stock surged 46.48% for the week. Share price of the company rose from Rs 233.35 to Rs 341.80 during the period. The stock has rallied 185% in last one year and 74% in the last one month. In yesterday’s trading session the stock hit a fresh 52- week high of Rs 350.20 logging a day’s gain of 6.25%. HSIL stands tall with strong market leadership in the building products market (38% of the market in the sanitary ware industry), and a second largest player in India in the container glass segment.
The top 5 losers in the Smallcap segment for this week are as follows:
Hikal Ltd.
|
-21.45
|
Automotive Stampings and Assemblies Ltd.
|
-18.54
|
Raghuvir Synthetics Ltd.
|
-18.53
|
Urja Global Ltd.
|
-18.22
|
Tejas Networks Ltd.
|
-17.85
|
The losers of small cap space were led by Hikal Ltd. The shares of the company fell from Rs 492.70 to Rs 387 registering a loss of 21.45% in the stock price. It experienced selling pressure in yesterday’s trading session shedding 12.98%. The stock had been trading in the red territory ever since the tragic Surat gas leak claiming 6 lives, driving the market participants away from the stock on account of ESG concerns. Post the accident, the stock has fallen 33% from Rs 575 to Rs387.
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