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

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

by 5paisa Research Team Last Updated: Nov 26, 2021, 02:23 PM IST

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from 18 to 25 November 2021.

There is a weak sentiment flowing across global markets as the Covid cases increase in many countries, rising inflation, and FPIs continuing to offload their exposure from the secondary markets. US unemployment rate fell to 4.6%, its lowest since 1969, which instilled confidence on one hand and gave fuel to concerns of rising inflation on the other. Indian markets witnessed the selling pressure which saw some relief on the last trading session that ended on a positive note.

S&P BSE Midcap Index closed the last trading session with a gain of 0.69per cent at 25675.41 and a weekly loss of 0.94 %. The midcap segment witnessed a weekly high of 25960.22 and a low of 24997.50 The S&P BSE Smallcap closed at 28822.75 for the week with a gain of 0.87%, with a weekly high of 29403.29 and a low of 27645.60. The smallcap segment however saw a minuscule gain of 0.09% for the week.

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


Elgi Equipments Ltd. 


Brightcom Group Ltd. 


Tata Teleservices (Maharashtra) Ltd. 


Trident Ltd. 




MTAR Technologies Ltd. 


The bull rally was led by Elgi Equipments Ltd in the midcap segment. The shares of the company delivered a weekly return of 24.31%. The share price of the company rose from Rs 213.10 to Rs 264.90 during the period. Elgi Equipments Ltd is engaged in the manufacturing of air compressors and automobile service station equipment. The products manufactured by the company has wide applications in the area of mining, pharmaceuticals, ship building, power, oil, chemicals, textiles, printing, paper, transport, electronics, telecommunications, defence, medical, railways, food and beverages and plastics. The company has declared a good second quarter with Net Sales rising 35.76 % and Net Profits gaining 57.88% on YoY basis.

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

National Standard (India) Ltd. 


PVR Ltd. 


Cera Sanitaryware Ltd. 


GR Infraprojects Ltd. 


Aptus Value Housing Finance India Ltd. 


The laggards of the midcap segment were led by earlier weeks top performer National Standard (India) Ltd. The shares of the company fell 18.55% from Rs 17785.90 to Rs 14486.85. The multibagger stock of 2021 which had logged stock price gains of 178.58% in just one month while a mindboggling return of 2268% in 6 months and 2224.23% in the last one year, felt selling pressure which eroded some of the earlier gains.

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:

Jaiprakash Associates Ltd. 




Raymond Ltd. 




HBL Power Systems Ltd. 




Raghuvir Synthetics Ltd. 




Sintex Plastics Technology Ltd. 



The top gainer in the Smallcap segment was Jaiprakash Associates Ltd. The stock surged nearly 28.14% for the week. Share price of the company rose from Rs 8.21 to Rs 10.52 during the period. The stock has given multibagger returns, it has rallied of 200% in the last one year. Jaiprakash Associates Limited (JAL) is an India-based diversified infrastructure conglomerate.  The stock was largely range bound for nearly a month before it surged last week, gaining 24.7% in the last three trading sessions.

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

Steel Strips Wheels Ltd. 


Sigachi Industries Ltd. 


Jayaswal Neco Industries Ltd. 


Caplin Point Laboratories Ltd. 


Ugro Capital Ltd. 


The losers of smallcap space were led by Steel Strips Wheels Ltd. The shares of the company fell from Rs 906.50 to Rs 816.95 registering a loss of 9.88% in the stock price. The company which is engaged in the manufacturing of single-piece steel wheels for scooters, passenger cars, utility vehicles and tractors has given multibagger returns in 2021, logging a gain of 235% in one year. The stock is under selling pressure shedding its gains to profit booking.

Driven by nervousness and weak global clues, the mid and smallcap segment witnessed profit booking in its multibagger stocks to reap some of the gains of the bull rally witnessed so far.

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