Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from September 23 to 29, 2022.
During the last 5 trading sessions, the frontline index S&P BSE Sensex shed nearly 3% or 1688.96 points and closed at 56,409.96 on September 29,2022.
The broader market also closed much weaker during the week with S&P BSE Mid Cap closing down by 3% at 24,512.97. The S&P BSE Small Cap also ended at 28,047.11 losing 765.65 points or 2.6%.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
Rites Ltd.
|
9.1
|
Allcargo Logistics Ltd.
|
7.81
|
Tejas Networks Ltd.
|
7.19
|
Sun Pharma Advanced Research Company Ltd.
|
6.68
|
Aster DM Healthcare Ltd.
|
6.28
|
The biggest gainer in the mid-cap segment for the week was Rites Ltd. Shares of the PSU rose by 9.1% for the week from the levels of Rs 297.25 to Rs 324.30. The stock has logged a fresh 52-week high of Rs 330.55 on September 29. Rites Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.
The top 5 losers from the Midcap segment for this week are as follows:
Aarti Industries Ltd.
|
-14.19
|
Brightcom Group Ltd.
|
-11.8
|
Jindal Stainless Ltd.
|
-11.42
|
Angel One Ltd.
|
-10.84
|
RBL Bank Ltd.
|
-10.73
|
The laggards of the midcap segment were led by Aarti Industries Ltd. The shares of this speciality chemical and pharma company fell 14.19% from Rs 855.1 to Rs 733.8. The management has indicated that it plans to demerge its pharma business into a separate entity, Aarti Pharmalabs, with October 20 as the record date, as it aims to focus on the pharma opportunity separately. Morgan Stanley has downgraded the stock by 28% on account of raw material challenges, weaker growth prospects until 2024. On June 20th, the stock has logged a new 52-week low of Rs 669.
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:
Prudent Corporate Advisory Services Ltd.
|
18.61
|
Shivalik Bimetal Controls Ltd.
|
16.83
|
Associated Alcohols & Breweries Ltd.
|
13.51
|
JTL Infra Ltd.
|
11.02
|
Pricol Ltd.
|
9.75
|
The top gainer in the Smallcap segment Prudent Corporate Advisory Services Ltd. Shares of this retail wealth management company rose to 18.61% for the week from the levels of Rs 611 to Rs 724.7. The stock logged a fresh 52-week high on September 29 at Rs 734.85. The shares of this wealth management company that listed on the bourses on May 20, 2022 has risen 37.67% from its listing price of Rs 660.
The top 5 losers in the Smallcap segment for this week are as follows:
Morepen Laboratories Ltd.
|
-22.33
|
AGI Greenpac Ltd.
|
-18.66
|
Jyoti Resins & Adhesives Ltd.
|
-18.54
|
DB Realty Ltd.
|
-18.01
|
The Ruby Mills Ltd.
|
-14.85
|
The losers of small cap space were led by Morepen Laboratories Ltd. The shares of this API Drug manufacturer fell from Rs 31.35 to Rs 24.35 registering a loss of 22.33% in the stock price. Amid selloff, the stock registered its 52-week low at Rs 23.35. Morepen Laboratories is engaged in the manufacturing and sale of APIs/ Bulk Drugs, Home Diagnostics, Formulations and OTC products.
Share Market Today
Indices Name | Price | Price Change (% change) |
---|---|---|
S&P ASX 200 | 7703.20 | 29.2 (0.38%) |
CAC 40 | 8166.10 | 21.54 (0.26%) |
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Shanghai Composite | 3064.04 | -20.89 (-0.68%) |
Taiwan Weighted | 19857.20 | -22.65 (-0.11%) |
US 30 | 38747.20 | -41.8 (-0.11%) |
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