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!

Indian Market
by 5paisa Research Team Last Updated: 2022-08-12T14:29:36+05:30

List of top 5 gainers and losers in the midcap and smallcap segment for the week from July 05 to August 11, 2022.

As US inflation eases slightly to 8.5% in July, the market exuberance is back as global indices witness a rally. On the home front, polls suggest July inflation likely eased due to a fall in food and fuel prices but still stayed well above the Reserve Bank of India’s upper tolerance limit for a seventh consecutive month.

Benchmark Indices S&P BSE Sensex inched closer to the sentimental 60000 mark and closed for the week at 59,332.69, which was higher by 1.62% or 945 points.

The broader market also witnessed positive sentiment during the week with S&P BSE Mid Cap closing up by 0.1% at 24,727.38. The S&P BSE Small Cap also ended at 27,798.02, marginally higher than the previous week’s close by 193 points or 0.06%.

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

 

  

BEML Ltd

 

25.58 

 

Indraprastha Gas Ltd. 

 

15.48 

 

Fine Organic Industries Ltd

 

14.55 

 

Tata Chemicals Ltd. 

 

13.42 

 

JK Paper Ltd. 

 

12.75 

 

The biggest gainer in the mid-cap segment for the week was BEML Ltd. The shares of this PSU mining major have delivered a weekly return of 25.58% from the levels of Rs 1419.3 to Rs 1782.35. The rally in stock price was after the company intimated about the Board meeting to be held on August 18 to fix a record date to determine eligible shareholders for issuing 1:1 shares by BEML Land Assets as part of the demerger scheme. Additionally, the PSU mining firm also announced that it is executing an export order valuing $19.76 million with the Ministry of Economy, Planning and Regional Development (MINEPAT), Cameroon for the supply of 71 nos. Earthmoving machinery for preparation of Agricultural Land for Cassava Project under Government of India Line of Credit.

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

Natco Pharma Ltd. 

 

-14.83 

 

Chemplast Sanmar Ltd

 

-7.63 

 

KEC International Ltd. 

 

-7.57 

 

Easy Trip Planners Ltd. 

 

-7.51 

 

Polyplex Corporation Ltd. 

 

-7.5 

 

The laggards of the midcap segment were Natco Pharma Ltd. The shares of the company fell 13.71% from Rs 49.25 to Rs 42.50. The manufacturer of finished dosage formulations (FDF) and active pharmaceutical ingredients (APIs) posted its Q1FY23 results net sales grew by 115.6% at Rs 884.6 crore as compared to same quarter last year. The company reported EBITDA and net profit at Rs 395.30 crore and Rs 320.4 crore which were up by 260% and 327.20%, respectively on a YoY basis. 

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: 

Sree Rayalaseema Hi-Strength Hypo Ltd. 

 

22.52 

 

Jagran Prakashan Ltd. 

 

20.94 

 

TGV SRACC Ltd. 

 

20.35 

 

Wonderla Holidays Ltd. 

 

19.95 

 

Capacit'e Infraprojects Ltd. 

 

19.5 

 

The top gainer in the small cap segment was Sree Rayalaseema Hi-Strength Hypo Ltd. Shares of software solution company rose steeply to 22.52% for the week from the levels of Rs 654.55 to Rs 801.95. The stock logged an all-time high on each trading session of the week with the latest all-time high of Rs 817. The company is a leading producer of Calcium Hypochlorite, Stable Bleaching Powder, Sulphuric Acid and other chemicals.

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

Everest Kanto Cylinder Ltd. 

 

-24.97 

 

Sequent Scientific Ltd. 

 

-17.08 

 

Kirloskar Brothers Ltd. 

 

-13.46 

 

Globus Spirits Ltd. 

 

-11.93 

 

Manali Petrochemicals Ltd. 

 

-11.59 

 

The losers of small-cap space were led by Everest Kanto Cylinder Ltd. The shares of the company fell from Rs 179.60 to Rs 134.75 registering a loss of 24.97% in the stock price. The industrial and CNG cylinder manufacturer posted its Q1FY23 results which showed degrowth on a sequential basis. Net sales fell by 20.50% to Rs 380.53 crore as compared to the March quarter. The company reported EBITDA and net profit at Rs 60.50 crore and Rs 38.70 crore which were down by 35.94 % and 40.31%, respectively QoQ. On a YoY basis, although net revenue grew by 13.58%, EBITDA and PAT were down by 31.73% and 44%. As a result, the shares of Everest Kanto witnessed a heavy selloff in the counter on August 10 hitting a lower circuit of 20%.


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