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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! Top 5 gainers and losers in the Midcap and Smallcap segment during this week!](https://storage.googleapis.com/5paisa-prod-storage/files/2023-05/Top%2010%20Small-cap%20losers_4.jpg)
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Last Updated: 19th May 2023 - 05:14 pm
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from May 12 to May 18, 2023.
The frontline index S&P BSE Sensex declined 0.95% or 588.72 points during the week and closed at 61,686.19 on May 18, 2023.
The decline in rally was broad-based during the week with S&P BSE Mid Cap declining 0.57% at 26,150.94. The S&P BSE Small-Cap ended at 29,796.33, gaining 0.11%.
Let us have a look at the top 5 gainers and losers in the Midcap space for this week:
16.58 |
|
14.62 |
|
11.51 |
|
9.98 |
|
9.64 |
The biggest gainer in the mid-cap segment for the week was Amber Enterprises India Limited. Shares of this IT company rose by 16.58% for the week from the levels of Rs 1816.2 to Rs 2117.4. The company has delivered the strongest quarter ever. Hence, the rally in the share price is driven because of strong numbers delivered by the company.
The top 5 losers from the Midcap segment for this week are as follows:
-10.16 |
|
-8.65 |
|
-8.14 |
|
-7.42 |
|
-7.25 |
The laggards of the mid-cap segment were led by KEC International Ltd. The shares of the company fell 10.16% from Rs 534.6 to Rs 480.3. The fall in stock price is purely market-driven, however, the company posted stellar quarterly and annual results.
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:
34.25 |
|
20.95 |
|
18.41 |
|
18.38 |
|
18.34 |
The top gainer in the Small-cap segment was Shakti Pumps Ltd. Shares of this pump company rose by 34.25% for the week from the levels of Rs 424.95 to Rs 570.5. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by market forces.
The top 5 losers in the Smallcap segment for this week are as follows:
-15.88 |
|
-13.69 |
|
-11.88 |
|
-11.28 |
|
-10.57 |
The losers of small-cap space were led by Subex Ltd. The shares of this software company fell from Rs 32.75 to Rs 27.55 registering a loss of 15.88% in the stock price. The decline in the share price was driven by the unsatisfactory quarterly performance of the company.
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