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: May 28, 2022, 10:54 AM IST

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 20 to 26, 2022.

As inflation and the economic impact of the ongoing Russia-Ukraine war continued to be the biggest concern grappling the world, tremors were felt at home as the Government took stringent steps to combat inflation. From excise duty cut on petrol and diesel along with raw materials for iron and steel to duty-free import of 20 lakh MT of crude soyabean and sunflower oil on one end to discouraging steel export by imposing export tax and cap on sugar exports up to 10 million tons on the other. The week witnessed a bloodbath in steel and sugar stocks with IT stocks following the suit. After JP Morgan, Nomura downgraded IT services majors.Benchmark Index S&P BSE Sensex closed for the week at 52792.23 which is higher by 2.77% or 1460 points.The broader market remained volatile with S&P BSE Mid Cap closing at 22143.45 up 0.33% or 73.72 points for the week. The S&P BSE Small Cap closed at 25318.05, down by 1.87% or 482 points.

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

 

 

Brightcom Group Ltd

 

18.08 

 

AIA Engineering Ltd

 

14.67 

 

ITI Ltd. 

 

12.95 

 

Tanla Platforms Ltd. 

 

11.31 

 

Deepak Fertilisers And Petrochemicals Corporation Ltd

 

9.49 

 

Brightcom Group Ltd. was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 18.08% from the levels of Rs 56.15 to Rs 66.3. The stock has given multibagger returns in the last year, rallying exponentially by 15X. The Adtech company was unperturbed by the bearish sentiment in the IT Sector last week wherein IT majors saw their share price getting eroded and the sector losing 2.9%.

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

Jindal Stainless Ltd

 

-23.45 

 

Jindal Stainless (Hisar) Ltd. 

 

-19.45 

 

Vardhman Textiles Ltd. 

 

-18.51 

 

Equitas Small Finance Bank Ltd. 

 

-18.46 

 

Vaibhav Global Ltd

 

-17.4 

 

 The laggards of the midcap segment were led by Jindal Steel Ltd. The shares of the company fell 23.45% from Rs 153.10 to Rs 117.20. The stock tumbled in tandem with major steel manufacturers as the Government overnight imposed export tax of 15% in an effort to tame the unbridled inflation. The stock plummeted in the next trading session by 17.4% and continued the free fall for the rest of the week totalling 23.45%.

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:

Lumax Industries Ltd. 

 

17.35 

 

Sterling Tools Ltd

 

14.63 

 

Bhagiradha Chemicals & Industries Ltd. 

 

9.02 

 

Sanghvi Movers Ltd. 

 

8.73 

 

Voltamp Transformers Ltd

 

8.44 

 

 The top gainer in the Smallcap segment was Lumax Industries Ltd. The stock surged 17.35% for the week from the levels of Rs 895.55 to Rs 1050.90. The end-to-end automotive lighting solution company reported an upbeat performance in Q4 despite various headwinds faced by the auto sector wherein the net sales grew by 8.92% on YoY basis at Rs 549.37 crore. EBITDA grew by 15.78% on YoY basis to Rs 57.44 crore from Rs 49.61 crore and EBITDA margins contracted by 188 bps on a YoY basis and was logged at 10.10% for the quarter.

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

Rupa & Company Ltd. 

 

-32.08 

 

Globus Spirits Ltd. 

 

-27.16 

 

Godawari Power And Ispat Ltd. 

 

-26.68 

 

Dalmia Bharat Sugar And Industries Ltd. 

 

-23.61 

 

Gujarat Mineral Development Corporation Ltd. 

 

-23.24 

 

The losers of small cap space were led by Rupa & Company Ltd . The shares of the company fell from Rs 520.8 to Rs 353.75 registering a loss of 32.08% in the stock price. The company posted weak Q4 results on May 13 wherein net sales were flat at Rs 453.60 crore and PAT was down by 25.17% at Rs 49.32 crore on YoY basis. PAT margins shrunk by 369 bps YoY at 10.83%. The stock plummeted in the next trading session by 16.45% in response to the unimpressive financial results. On May 4, 2022, the shares of the knitted innerwear company logged their 52-week high of Rs 585.05

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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The
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