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: 2022-11-11T17:35:54+05:30

List of top 5 gainers and losers in the midcap and smallcap segment for the week from November 04 to November 10, 2022.

The frontline index S&P BSE Sensex declined 0.5% or 336.66 points during the week and closed at 60,613.70 on November 10, 2022.

The fall in the market was broad based during the week with S&P BSE Mid Cap closing down by 0.8% at 25,427.98. The S&P BSE Small Cap also ended at 28,889.48 declining 0.74%.

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

  

Jindal Worldwide Ltd. 

12.16 

Amara Raja Batteries Ltd. 

10.5 

Bank Of India 

10.08 

Supreme Industries Ltd. 

Jubilant Ingrevia Ltd. 

8.86 

The biggest gainer in the mid-cap segment for the week was Jindal Worldwide Ltd. Shares of this leading textile manufacturer rose by 12.16 for the week from the levels of Rs 312.6 to Rs 350.6. The company has announced its board meeting intimation for board meeting to be held on November 14. The Company is likely to reveal its quarterly results for Q2FY23 in the meeting.

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

Aurobindo Pharma Ltd. 

-13.63 

The Ramco Cements Ltd. 

-11.11 

Deepak Nitrite Ltd. 

-10.21 

Quess Corp Ltd. 

-9.5 

Dr. Lal Pathlabs Ltd. 

-8.56 

 The laggards of the midcap segment were led by Aurobindo Pharma Ltd. The shares of the Indian multinational pharmaceutical manufacturing company fell 13.63% from Rs 553.55 to Rs 478.1. The stocks of the Company plunged after Enforcement Directorate (ED) arrested company’s Director P Sarath Chandra Reddy under section of Prevention of Money Laundering Act (PMLA) on Thursday, November 10. The company’s stock is at its lowest level since 2020.

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:  

 

TCPL Packaging Ltd. 

23.59 

MPS Ltd. 

20.39 

Honda India Power Products Ltd. 

19.96 

KPI Green Energy Ltd. 

19.39 

Dhunseri Ventures Ltd. 

16.93 

 The top gainer in the Smallcap segment is TCPL Packaging Ltd. Shares of this private banker rose by 23.59% for the week from the levels of Rs 1149.9 to Rs 1421.15. The rally in the shares of this folding carton and paperboard manufacturer was on the back of strong performance during the quarter ending September 30, 2022, wherein it reported a total income of Rs 364.12 crore compared to Rs 253.41 crore on a YoY basis. It also reported Profit after Tax (PAT) of Rs 39.56 crore jumped from Rs 10.60 crore on YoY basis while registering EPS of Rs.43.43 up from Rs.11.65 in the previous year.

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

Navneet Education Ltd. 

-14.14 

Cressanda Solutions Ltd. 

-13.99 

NRB Bearings Ltd. 

-12.93 

Unichem Laboratories Ltd. 

-12.66 

TeamLease Services Ltd. 

-12.26 

The losers of small cap space were led by Navneet Education Ltd. The shares of this company fell from Rs 143.25 to Rs 123 registering a loss of 14.14% in the stock price. The company reported Q2FY23 during the week, wherein sales growth on YoY basis was 42.67% at Rs 329.80 crore from Rs 231.17 crore. However, the bottom line turned negative registering a loss of Rs 2.19 crore compared to a net profit of Rs 5.04 crore in the previous year.


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