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: 2022-07-08T16:58:53+05:30 IST

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from July 1 to 7, 2022.

The 1st week of the second quarter of FY23 kickstarted on a positive note and ended the week with gains in all sectors. While Consumer Durables, Capital Goods and FMCG gained up to 5% each, IT, Oil & Gas and Energy witnessed minuscule gains. Benchmark Index S&P BSE Sensex closed for the week at 54,178.46 which is higher by 2.4% or 1270 points.

The broader market also extended even higher gains during the week with S&P BSE Mid Cap closing at 22,611.38 up 3.44% or 752 points for the week. The S&P BSE Small Cap closed at 25,568.55 up by 3.07 % or 761 points.

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

  

Brightcom Group Ltd. 

 

21.23 

 

Sobha Ltd. 

 

15 

 

Saregama India Ltd. 

 

11.8 

 

Jyothy Labs Ltd

 

11.6 

 

Gujarat Ambuja Exports Ltd

 

11.18 

 

Last week’s biggest loser was the biggest gainer in the mid-cap segment for the week. The shares of Brightcom Group delivered a weekly return of 21.23% from the levels of Rs 33.20 to Rs 40.25. After a significant correction YTD of 68 %, the stock witnessed a trend reversal. The shares of the adtech company hit the upper circuit of 5% on each trading session of the week taking the weekly gain to 21.3%. Being a highly volatile stock, Brightcom Group is in ASM Stage 1 category.

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

Oil India Ltd

 

-17.5 

 

Mangalore Refinery And Petrochemicals Ltd. 

 

-11.16 

 

Aptus Value Housing Finance India Ltd. 

 

-8.41 

 

Ajanta Pharma Ltd

 

-6.45 

 

Metro Brands Ltd. 

 

-6.37 

 

The laggards of the midcap segment were led by Oil India Ltd. The shares of the company fell 17.5 % from Rs 213.95 to Rs 176.50 on the back of the windfall gain tax slapped by the Central Government on domestic crude oil producers. Domestic oil producers (like Oil India) which sell crude oil to domestic refineries at international parity prices, off late were making windfall gains. Government’s decision to impose an additional cess of Rs 23,250 per ton by way of special additional excise duty on crude oil in an attempt to ease off the pressure on the depreciating rupee.

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

Himadri Speciality Chemical Ltd. 

 

25.83 

 

Ajmera Realty & Infra India Ltd

 

25.01 

 

Tarsons Products Ltd. 

 

21.44 

 

Steel Exchange India Ltd. 

 

21.13 

 

Butterfly Gandhimathi Appliances Ltd. 

 

21.09 

 

The top gainer in the Smallcap segment was Himadri Speciality Chemical Ltd. The stock surged 25.83% for the week from the levels of Rs 60 to Rs 75.50. The shares of this speciality chemical company witnessed strong bullish sentiment amid high volumes. In a single trading session of July 6, the stock rose 15.88%. The 52-week high and low for the shares are Rs 85.50 and Rs 43.60, respectively.

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

Chennai Petroleum Corporation Ltd.

 

-10.51 

 

Gravita India Ltd. 

 

-10.07 

 

5Paisa Capital Ltd. 

 

-9.79 

 

Bajaj Hindusthan Sugar Ltd

 

-9.4 

 

Vijaya Diagnostic Centre Ltd. 

 

-9.16 

 

The losers of small cap space were led by Chennai Petroleum Corporation Ltd. The shares of the company fell from Rs 297.2 to Rs 265.95 registering a loss of 10.51% in the stock price. The windfall gain tax on oil producing companies had cast a spell on the winning streak of this multibagger stock of 2022.


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Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

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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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