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: 2022-05-13T16:49:12+05:30

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 6 to 12, 2022.

Benchmark Index S&P BSE Sensex closed for the week at 52930.31 which is the second lowest close YTD. Sensex tumbled a massive 4.9% or 2772 points after trading in the red for the entire week. Huge sell-off by FPI was triggered by soaring Inflation and a weakened Rupee as emerging markets lost their attractive returns. Meanwhile, inflation for the fourth straight month remained above RBI target of 6% with CPI Inflation for April at 7.8%. The broader market also witnessed massive sell off with S&P BSE Mid Cap closing at 21645.13 down 8.34% or 1970 points for the week. The S&P BSE Small Cap closed at 24995.51 down 9.68% or 2678 points.

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

 

  

Avanti Feeds Ltd. 

 

7.3 

 

Navin Fluorine International Ltd

 

3.5 

 

PVR Ltd. 

 

3.13 

 

Inox Leisure Ltd. 

 

3.03 

 

Kalyan Jewellers India Ltd. 

 

2.67 

 

Avanti Feeds 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 705.35to Rs 792.55. India’s leading manufacturer of prawn and fish feeds posted its financial results for the quarter that ended on March 31, 2022. Net revenue for the quarter ended March 31, 2022, stood at Rs 1038.54 which was up by 16.60% on YoY basis. PAT in Q4 grew by 9.52% to Rs 75.31crore from Rs 68.77 crore on a YoY basis. The stock zoomed 13.2% in the day’s session on the back of its Q4 results declared yesterday.
 

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

Jindal Stainless (Hisar) Ltd. 

 

-19.19 

 

NIIT Ltd

 

-18.78 

 

Indiabulls Housing Finance Ltd. 

 

-18.64 

 

Elgi Equipments Ltd. 

 

-18.4 

 

Poonawalla Fincorp Ltd. 

 

-18.39 

 

 The laggards of the midcap segment were led by Jindal Stainless (Hisar) Ltd. The shares of the company fell 19.19% from Rs 329.05 to Rs 265.9. The company posted robust Q4 results last week with nets sales jumping 39.18% to Rs 4318.37 crore and PAT rose 59.46% to Rs 401.08 crore on a YoY basis. However, weakness in metal sector driven by slowdown in demand led to huge selling in the metal space.

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:

TD Power Systems Ltd. 

 

11.23 

 

Texmaco Infrastructure & Holdings Ltd. 

 

10.85 

 

DCB Bank Ltd. 

 

5.45 

 

Texmaco Rail & Engineering Ltd. 

 

5.2 

 

Elantas Beck India Ltd. 

 

4.98 

 

 The top gainer in the Smallcap segment was TD Power Systems Ltd. The stock surged 11.23% for the week from the levels of Rs 344.65 to Rs 383.35. The company reported a robust performance in Q4 wherein the net sales grew by 34.94% on a YoY basis at Rs 227.17 crore. PAT jumped 60.41% on a YoY basis at Rs 24.66 crore and PAT margins expanded by 173 bps on YoY basis and was logged at 10.86% for the quarter.

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

Privi Speciality Chemicals Ltd. 

 

-32.62 

 

Dishman Carbogen Amcis Ltd. 

 

-26.6 

 

Oriental Aromatics Ltd

 

-24.17 

 

Nahar Poly Films Ltd

 

-23.96 

 

RattanIndia Enterprises Ltd. 

 

-23.16 

 

The losers of small cap space were led by Privi Speciality Chemicals Ltd. The shares of the company fell from Rs 1704.5 to Rs 1148.5 registering a loss of 32.62% in the stock price. The speciality oleo chemical manufacturer presented weak Q4 numbers with PAT down by 50.03% from Rs 59.86 crore to Rs 29.91 crore and Net sales by 6.72% on YoY basis at Rs 376.85 crore and PAT was down by 50.03% from Rs 29.91 crore to Rs 0.22 crore. The company further informed about the merger of Vivira Chemicals P Limited (a Company under the Promoter Group of Privi Speciality) with MM lnfra & Leasing P Limited under the order by NCLT. Consequently, MM lnfra & Leasing Private Limited shall be categorized as the Promoter Group Company in the shareholding pattern of the Company in place of Vivira Chemicals P Limited. Following the news of the merger, shares of the company tanked 30% in two trading sessions.


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