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: Jun 17, 2022, 12:22 PM IST

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from June 10 to 16, 2022.

This week at Dalal Street saw the biggest weekly fall of the year. All eyes were set on US Federal Reserve’s move which came in as 75 basis points rate hike – its biggest increase in 28 years. It also signaled another hike imminent in the next meeting. Bear sentiment ruled the markets during the week with the Benchmark Index S&P BSE Sensex closing at 51,495.79 weaker by a massive 6.9% or 3825 points.

Weakness persisted in the broader market with S&P BSE Mid Cap closing at 21,441.40 down 5.27% or 1194 points for the week. The S&P BSE Small Cap closed at 24,346.96, down by 6.5% or 1692 points.  

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

 

  

VIP Industries Ltd. 

 

7.53 

 

Fine Organic Industries Ltd

 

5.68 

 

Jindal Worldwide Ltd. 

 

3.57 

 

SIS Ltd. 

 

2.49 

 

Rajesh Exports Ltd

 

1.94 

 

VIP Industries was the biggest gainer in the mid-cap segment for the week. The shares of the company delivered a weekly return of 7.53% from the levels of Rs 535 to Rs 575.3.The shares of the luggage brand has been trending since June 13 in contrast to weak market sentiment witnessing price volume breakout.

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

RBL Bank Ltd

 

-27.61 

 

Mastek Ltd. 

 

-22.67 

 

Mangalore Refinery And Petrochemicals Ltd. 

 

-19.9 

 

Angel One Ltd. 

 

-15.9 

 

Brightcom Group Ltd. 

 

-15.78 

 

The laggards of the midcap segment were led by RBL Bank Ltd. The shares of the company fell from Rs 113.35 to Rs 82.05 registering a loss of 27.61% in the stock price, with a single day loss of 22.45%. The panic sell off was triggered by the appointment of R Subramaniakumar as Managing Director & CEO of the Bank for a period of 3 years. R Subramaniakumar is an ex- PSU banker has a reputation of “bad loan expert” which led to speculations about the financial health of the Bank.

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: 

Ramco Systems Ltd. 

 

22.35 

 

BLS International Services Ltd. 

 

9.69 

 

Vikas Lifecare Ltd. 

 

9.59 

 

Apar Industries Ltd. 

 

9.24 

 

Vakrangee Ltd. 

 

5.65 

 

 The top gainer in the Smallcap segment was Ramco Systems Ltd. The stock surged 22.35% for the week from the levels of Rs 238 to Rs 291.2. The global enterprise software provider has been penalised amid weak market sentiment, logging a fresh 52-week low on June 14 at Rs 221.55 and from there the shares bounced 20% (upper circuit) on June 15 displaying a trend reversal. On June 9, the company announced that it has successfully gone live at Iraqi Airways, the national carrier of Iraq with its Aviation M&E MRO Suite V5.9. 

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

Ambika Cotton Mills Ltd. 

 

-18.03 

 

Centrum Capital Ltd. 

 

-16.93 

 

Time Technoplast Ltd. 

 

-16.56 

 

DB Realty Ltd. 

 

-15.72 

 

Hindustan Oil Exploration Company Ltd. 

 

-15.24 

 

The losers of small cap space were led by Ambika Cotton Mills Ltd. The shares of the company fell from Rs 1694.45 to Rs 1388.95 registering a loss of 18.03% in the stock price. The company is an established player in the international and domestic yarn market with exports constituting roughly 60% of its revenues. The company’s shares are currently trading at less than half of its 52-week high of Rs 2829 logged on February 7.

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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.
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