Top 5 gainers and losers in the Midcap and Smallcap segments during this week!
Last Updated: 12th December 2022 - 01:32 pm
Top 5 gainers and losers in the Midcap and Smallcap segments during this week!
List of top 5 gainers and losers in the Mid-cap and Small-cap segments for the week 14th to 21st October 2021.
Anxiety took over the exuberance of last week bull rally. Indian indices bore the much dreaded Red for three consecutive trading sessions from Tuesday 20th to Thursday 22nd. The sentiment was largely nervous on account of rising inflation, Fuel prices hiting fresh all-time highs following a surge in global crude oil rates, corporate results garnering mixed reactions . Profit booking was evident concluding the dream run for the market which logged fresh highs last week.
Overall market seemed to have woken up to expensive valuations amid weak global clues and rising input cost undermining the profitability of corporates. The S& P BSE Midcap and the BSE Smallcap 100 have plunged close to 3.31 per cent and 4.06 percent respectively during the week. On Thursday October 21, S&P BSE Midcap closed at 25817.26 while S& P BSE Smallcap closed at 28680.13.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
National Standard (India) Ltd.
|
21.55
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Rail Vikas Nigam Ltd.
|
16.94
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CG Power and Industrial Solutions Ltd.
|
15.94
|
IRB Infrastructure Developers Ltd.
|
15.29
|
Bharat Dynamics Ltd.
|
14.14
|
The bull rally was lead by National Standard( India ) Ltd in the mid cap segment . The shares of the company delivered a weekly return of 21.55%. The share price of the company rose from Rs 6400.45 to Rs 7779.70 during the period. The market went into celebratory mood on the stupendous performance for the Q2 FY 22 with increase in Revenue from Rs 310.26 crores to Rs 1600.25 crores, with a gain of 416 percent 877% increase in Net Profit which stood at Rs 1035.46 crores on YoY basis.
National Standard (India) Ltd. operates as a subsidiary of Anantnath Constructions and Farms Private Limited. The company is engaged in the manufacture of bead-wire for tyres and other types of specialised wires. The company is a major exporter of tyre bead-wire and tyre moulds. They have specially developed hi-tensile tyre bead-wire with high tin content in the bronze plate, for the overseas markets. The company has also diversified into the development and construction of residential real estate projects in Mumbai, India.
The top 5 losers from the Midcap segment for this week are as follows:
Angel One Ltd.
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-20.01
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PNB Housing Finance Ltd.
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-18.54
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Kama Holdings Ltd.
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-14.96
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Jubilant Ingrevia Ltd.
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-14.81
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Navin Fluorine International Ltd.
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-14.51
|
The laggards of the mid cap segment were led by Angel One Ltd. The shares of the company declined 20.01% from Rs 1638.90 to Rs 1311.00.Angel One Ltd ,formerly known as Angel Infin Private Limited. is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of its Subsidiaries, AFPL) and financial products distribution to its clients under the brand ‘Angel Broking’. It has reported 70.19% rise in total revenues for the Q2 FY 2022 on consolidated basis at Rs527.34cr WITH Net profits up by 80.18% on YoY basis. The brilliant performance could not contain the selling sentiment in the market , as such the share continued to fall.
Let us move towards the top 5 gainers and losers in the Small Cap segment:
The top 5 gainers in the Smallcap segment for this week are as follows:
Paras Defence And Space Technologies Ltd.
|
73.93
|
Ugro Capital Ltd.
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27.97
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SML Isuzu Ltd.
|
22.84
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Transport Corporation Of India Ltd.
|
21.39
|
Shoppers Stop Ltd.
|
21.08
|
The top gainer in the Small cap segment was the newbie Paras Defence and Space Technologies Ltd. The buzzing stock surged nearly 132 % from its listing price of Rs 475 and 529% from IPO price of Rs 175. Since it listing on October 1,2021 , it has remained a darling at the bourses. It is one of the leading ‘Indigenously Designed Developed and Manufactured’(IDDM) category private sector companies in India, which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (EMP) protection solution and heavy engineering.
The market reacted positively to the news of that company's board in a meeting approved to incorporate a company in association with Krasny Defence Technologies for maintenance, servicing & repairs of defence equipment & naval vessels. Amid the exuberance, the shares of the company closed at all time high of Rs 1101.40 from the levels of Rs 633.25 during the week registering a gain of 73.93%.
Also noteworthy, Shoppers Stop Ltd , India’s pioneering retailer also closed on Thursday at 52week high of Rs 336.65 rallying up to 21.08 per cent on account of narrowing of its consolidated net loss to Rs 3.68 crore for the September quarter.led by a recovery in sales at Rs 642.07 crores from Rs 296.98 crores on YoY basis.
The top 5 losers in the Smallcap segment for this week are as follows:
GNA Axles Ltd.
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-17.32
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Antony Waste Handling Cell Ltd.
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-16.39
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EKI Energy Services Ltd.
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-15.48
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DCM Shriram Industries Ltd.
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-15.25
|
Neuland Laboratories Ltd.
|
-14.83
|
Volatility being the key trait of these small cap stocks, the shares of GNA Axles Ltd. fell from Rs1076.45 to Rs 890.00 registering a loss of17.32% in the stock price. The company is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. The company is mainly engaged in manufactures and sells auto components for the four-wheeler industry.
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