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: Dec 15, 2022 - 07:36 am 42.7k Views
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List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from 17 to 23 December 2021.

The stock market had a dream rally in 2021 wherein the Sensex hit a record high of 62245. The year was marked by record-breaking IPO listings and unprecedented retail participation as observed by the highest trading account openings. However, the over-exuberance subsided towards the end of the year.

After the festive month of October which saw a strong momentum of economic recovery, the Acuité Macroeconomic Performance (AMEP)Index, by Acuité Ratings & Research fell to 111 in November 2021 from a post-Covid peak of 124.9 in October 2021. The drop was largely due to the phasing out of the pent up and festive consumption demand.

S&P BSE Mid Cap Index closed yesterday’s trading session with a gain of 1.01% at 24641.82 and a weekly loss of 2.02%. The midcap segment witnessed a weekly high of 24642.30 and a low of 24545.02. From its 52-week low of 17633.49 on December 24, 2020, exactly a year ago, the Midcap index has risen 40%. The S&P BSE Smallcap closed at 28538.52 for the week with a gain of 0.73% with a weekly high of 28641.21 and a low of 28496.67. The smallcap segment however registered a loss of 1.78% for the week. The smallcap index also rose 62% from its 52-week low on December 24, 2020.

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

 

 

Suzlon Energy Ltd. 

 

13.64 

 

MMTC Ltd. 

 

11.11 

 

Tube Investments of India Ltd. 

 

10.32 

 

Hinduja Global Solutions Ltd. 

 

9.96 

 

Mastek Ltd. 

 

8.79 

 

 

The bull rally was led by Suzlon Energy Ltd in the midcap segment. The shares of the company delivered a weekly return of 13.64%. The share price of the company rose from Rs 6.82 to Rs 7.75 during the period.

Suzlon energy is leader in wind energy in the India, which is world’s fifth largest wind energy market . Its range of services include development, manufacturing, marketing, EPC project delivery & operations and maintenance of wind turbine generators around the world. It is Asia’s strongest growing fully integrated wind power company and ranks amongst the top ten in the world.

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

Tata Teleservices (Maharashtra) Ltd. 

 

-18.50 

 

Latent View Analytics Ltd. 

 

-16.36 

 

TeamLease Services Ltd. 

 

-9.53 

 

RattanIndia Enterprises Ltd. 

 

-8.23 

 

Olectra Greentech Ltd. 

 

-7.21 

 

The laggards of the midcap segment were led by Tata Teleservices (Maharashtra) Ltd. The shares of the company fell 18.5% from Rs 189.70 to Rs 154.60. Shares of Tata Teleservices have been locked at the upper circuit of 5% in seven trading sessions and lower circuit in four trading sessions. The highly volatile stock has risen exponentially gaining 37% during the above period. The stock logged its 52-week high on December 17 at 189.95 after which it was under selling pressure.

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:

Share India Securities Ltd. 

 

31.15 

 

Steel Exchange India Ltd. 

 

24.47 

 

Sandur Manganese & Iron Ores Ltd. 

 

22.58 

 

EKI Energy Services Ltd. 

 

21.55 

 

Raghuvir Synthetics Ltd. 

 

21.54 

 

The top gainer in the Smallcap segment was Share India Securities Ltd. The stock surged 31.15% for the week. Share price of the company rose from Rs 770.30 to Rs 1010.25 during the period. The stock has given multibagger returns, it has rallied 132.43% in the last six months and a hefty 501.16% in the last one year. In yesterday’s trading session the stock hit its 52-week high of Rs 1054.45. Share India Securities is engaged in the business of equity broking, investing and trading activities. Along with this, they are also providing the services as a Depository Participant, Research Analyst, Mutual Fund Advisor/Distributor.

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

Paisalo Digital Ltd. 

 

-17.62 

 

GTL Infrastructure Ltd. 

 

-16.99 

 

Best Agrolife Ltd. 

 

-12.06 

 

SVP Global Textiles Ltd. 

 

-11.91 

 

Barbeque-Nation Hospitality Ltd. 

 

-10.82 

 

The losers of small cap space were led by Paisalo Digital Ltd. The shares of the company fell from Rs 826.05 to Rs 680.50 registering a loss of 17.62% in the stock price. The shares of the company tumbled 18.42% in just one trading session on December 20. The company focus is on Microfinance and works with low-income families to provide financial solutions. It is also in the business of providing term loan and working capital support to traders and medium sized enterprises.

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