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: 2022-10-21T13:22:11+05:30

List of top 5 gainers and losers in the midcap and smallcap segment for the week from October 14 to 20, 2022.

Festive jubilations, pent-up demand along with positive Q2 and half-yearly corporate financial results kept the D-Street abuzz. The frontline index S&P BSE Sensex gained 3.44% or 1968 points during the week and closed at 59,202.9 on October 20, 2022.

The broader market also regaled during the week with S&P BSE Mid Cap closing up by 1.02% at 24,993.32. The S&P BSE Smallcap also ended at 28,738.71 gaining 0.76%.

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



Suzlon Energy Ltd. 




Deepak Fertilisers And Petrochemicals Corporation Ltd. 




Indian Bank 




PNB Housing Finance Ltd. 




BLS International Services Ltd. 




The biggest gainer in the mid-cap segment for the week was Suzlon Energy Ltd. Shares of the company rose by 32.84% for the week from the levels of Rs 6.7 to Rs 8.9. Suzlon Energy, one of India’s leading renewable energy solution providers, announced a new order win for the development of a 48.3 MW wind power project for Adani Green Energy Ltd. Suzlon will install 23 units of their wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is located in Mandvi, Kutch, Gujarat and is expected to be commissioned in 2023. 

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

Brightcom Group Ltd. 




PB Fintech Ltd. 




Alok Industries Ltd. 




Blue Dart Express Ltd. 








 The laggards of the midcap segment were led by Brightcom Group Ltd. The shares of this Adtech company fell 10.88% from Rs 40.45 to Rs 36.05. This multibagger stock of 2021 has been highly volatile with three monthly and six-monthly returns at -24.87% and -58.86% respectively. From its 52-week high of Rs 122.88, the stock is currently trading at a massive discount of 70%.

 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:



Paisalo Digital Ltd. 




Accelya Solutions India Ltd. 




MAS Financial Services Ltd. 




Grauer & Weil (India) Ltd. 




Elecon Engineering Company Ltd. 




 The top gainer in the Smallcap segment Paisalo Digital Ltd. Shares of this non deposit taking NBFC rose to 20.83% for the week from the levels of Rs 75.15 to Rs 90.8. As S&P BSE Financials witnessed a strong momentum this week rising 1.66% at 59202.90, the constituent stocks witnessed a positive rally. In the small cap space, Paisalo led the financial sector gainers.

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

Thangamayil Jewellery Ltd. 




Heidelberg Cement India Ltd. 




J Kumar Infraprojects Ltd. 




Hindustan Oil Exploration Company Ltd. 




Vadilal Industries Ltd. 




The losers of smallcap space were led by Thangamayil Jewllery Ltd. The shares of this jeweller in retail space fell from Rs 1264.3 to Rs 1085.7 registering a loss of 14.13 % in the stock price. The company reported Q2FY23 on October 17, wherein net revenue grew by 15.45% on a YoY basis at Rs 813.15 crore. However, PAT fell by 40% YoY and came in at Rs 15.95 crore.

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