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: 2022-05-06T15:48:55+05:30

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from April 29 to May 5, 2022.

While the markets were abuzz with the opening of the biggest IPO in India from LIC on May 3, exuberance was eroded as RBI on the same day raised the benchmark lending rate or repo rate by 40 basis points (bps) to 4.40%. Further, it also hiked the cash reserve ratio by 50 bps to 4.5%. This unprecedented step was taken to counter the rising inflation that has remained above 6% for three months. Benchmark indices- S&P BSE Sensex closed at 55702.23 down 3.16% or 1819 points while Nifty50 at 16682.65 up 2.4% or 420 points.

Broader market also witnessed weakness, with S&P BSE Mid Cap closing at 223615.24 down 4.07% or 1001 points for the week. The S&P BSE Small Cap closed at 27673.97 down 3.84% or 1104 points.

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


Home First Finance Company India Ltd. 




Tata Chemicals Ltd. 




Solar Industries India Ltd. 




Gujarat Mineral Development Corporation Ltd. 




NLC India Ltd. 




The week belonged to companies which reported strong quarterly performance. Home First Finance Company India Ltd was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 12.36% from the levels of Rs 705.35 to Rs 792.55. The tech-driven housing loan company that targets first time home buyers in the low and middle-income group reported on May 4 robust for the quarter and year ended on March 31, 2022. For Q4 total income rose by 14.9% on a YoY basis and stood at Rs 156 crore, PAT grew by 54.84% on a YoY basis and stood at Rs 48 crore. AUM as at March 31, 2022, stood at Rs 5380 crore growth of 29.9% over FY21 whereas Disbursements of Rs 641 Crore in Q4 FY22, YoY growth of 41.9%.

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

Angel One Ltd. 




Vardhman Textiles Ltd. 




Brightcom Group Ltd. 




Varroc Engineering Ltd. 




TV18 Broadcast Ltd. 




 The laggards of the midcap segment were led by Angel One Ltd. The shares of the company fell 19.01% from Rs 1952.65 to Rs 1581.40. The stock broking company reported key business parameters for the month of April 2022, the gross client acquisition fell by 7.3% on MoM basis and was at 4.4 lakh and number of orders also reduced by 10.1% on MoM basis to 661.4 lakh. However average daily turnover (ADTO) on totality grew by 7.2% on MoM basis and was reported at Rs 947800 crore.

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:

Gokaldas Exports Ltd. 




TARC Ltd. 




Paisalo Digital Ltd. 




Vadilal Industries Ltd. 




Esab India Ltd. 




The top gainer in the Smallcap segment was Gokuldas Exports Ltd. The stock surged 16.74% for the week from the levels of Rs 399.6 to Rs 466.5. The company is a leading manufacturer and exporter of garments and caters to the needs of several leading international fashion brands and retailers. The company reported a robust performance in Q4 wherein the net sales grew by 58.28% on YoY basis at Rs 584.62 crore. PAT jumped 287.22% on YoY basis at Rs 60.76 and PAT margins expanded by 614bps on YoY basis and was logged at 10.39% for the quarter.

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

Solara Active Pharma Sciences Ltd. 




Texmaco Rail & Engineering Ltd. 




63 Moons Technologies Ltd. 




Future Retail Ltd. 




RPG Life Sciences Ltd. 




The losers of small cap space were led by Solara Active Pharma Sciences Ltd. The shares of the company fell from Rs 639.4 to Rs 498.9 registering a loss of 21.97 pein the stock price. The API manufacturer presented disappointing Q4 numbers with Net sales down by 18.77 per cent on YoY basis at Rs 360.82 crore and PAT down by 99.62 percent from Rs 57.15 crore to Rs 0.22 crore.

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