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: 2022-05-20T16:40:43+05:30

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 13 to 20, 2022.

As fear of impending recession intensifies, market sell-off deepens led by FPIs. Adding to the woes, global majors failed to post decent quarterly results which was penalized by a rapid sell-off in those companies, affecting the market sentiment at large and far-reaching. Taking global cues Indian indices closed for the week worse off than they began with few spells of positive movements.

The Benchmark Index S&P BSE Sensex closed for the week at 52792.23 which is lower by 0.26% or 138.08 points.

The broader market remained volatile with S&P BSE Mid Cap closing at 22069.73, up 1.96% or 424.6 points for the week. The S&P BSE Small Cap closed at 25801.04 up 3.22% or 805.53 points.

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

 

Mangalore Refinery & Petrochemicals Ltd. 

 

30.43 

 

Elgi Equipments Ltd. 

 

29.05 

 

Triveni Engineering & Industries Ltd

 

21.93 

 

Welspun Corp Ltd. 

 

17.44 

 

Easy Trip Planners Ltd. 

 

15.59 

 

Mangalore Refinery & Petrochemicals Ltd (MRPL) was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 30.43% from the levels of Rs 67.7 to Rs 88.3. The stock has given multi bagger returns in the last three months, rallying 106.79%. MRPL has been logging fresh 52-week highs while hitting the upper circuit of 20% in several sessions, with Rs 93.4 as the latest 52-week high in yesterday’s session.

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

Amber Enterprises India Ltd

 

-28.29 

 

Dr. Lal Pathlabs Ltd

 

-16.09 

 

Route Mobile Ltd

 

-13.61 

 

Metropolis Healthcare Ltd

 

-12.08 

 

Poly Medicure Ltd

 

-8.7 

 

 The laggards of the mid-cap segment were led by Amber Enterprises India Ltd. The shares of the company fell 28.29% from Rs 3376.45 to Rs 2421.35. Amber Enterprises India is a market leader in the room air conditioner (RAC) OEM/ODM industry in India. The company posted weak Q4 results on May 13, wherein net sales rose by 21.16% to Rs 1936.70 crore and PAT was down by 22.46% at Rs 59.30 crore on a YoY basis. PAT margins shrunk by 102 bps YoY. The stock plummeted in the next trading session by 20% and yesterday it logged its fresh 52-week low of Rs 2412.20, a sharp decline within a month from 52-week high of Rs 4023.15 logged on May 2 wiping off two-thirds of the shareholders' wealth from the highs of Rs 4023.15.

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:

Orient Bell Ltd

 

36.68 

 

Datamatics Global Services Ltd

 

30.9 

 

Uttam Sugar Mills Ltd

 

30.49 

 

Nava Bharat Ventures Ltd. 

 

30.05 

 

Pearl Global Industries Ltd. 

 

20.8 

 

 The top gainer in the Smallcap segment was Orient Bell Ltd. The stock surged 36.68% for the week from the levels of Rs 415.6 to Rs 3568.05. The ceramic and floor tile company reported robust performance in Q4 wherein the net sales grew by 18.51% on YoY basis at Rs 213.81 crore. PAT doubled on a YoY basis to Rs 16.19 crore from Rs 8.01 crore and PAT margins expanded by 309 bps on a YoY basis and was logged at 7.5% for the quarter.

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

Future Retail Ltd. 

 

-17.87 

 

Asian Granito India Ltd. 

 

-13.71 

 

TCNS Clothing Co. Ltd. 

 

-10.66 

 

Mangalam Organics Ltd. 

 

-9.77 

 

Thyrocare Technologies Ltd. 

 

-9 

 

The losers of small cap space were led by Future Retail Ltd (FRL). The shares of the company fell from Rs 14.55 to Rs 11.95 registering a loss of 17.87% in the stock price. The debt-ridden Future Group has been defaulting its interest payments for months in a row, FRL among other group of companies faces an insolvency plea filed by the Bank of India. FRL has been granted time till June 6 to reply to the plea. The stock has been having a free fall on the bourses with a monthly loss of 58.93% while YTD loss of 77.20 per cent.


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