Top 5 gainers and losers in the Midcap and Smallcap segments during this week.

Top 5 gainers and losers in the Midcap and Smallcap segments during this week.
by 5paisa Research Team 08/10/2021

List of top 5 gainers and losers in the Mid-cap and Small-cap segments during the first week of October 2021.

With the vaccination pace gathering further momentum along with the lowest Covid-19 cases for the past few months across the country, the stock market witnessed another rally this week. During the period from Friday i.e. October 1 to October 7, the Nifty 50 index rallied 1.47% from 17,532.05 to 17,790.35. Similarly, the BSE 500 index showed a gain of 1.87% from 23,873.27 to 24,321.31. There was an important announcement from the RBI Governor Shaktikanta Das where he kept the repo rate, reverse repo rate and CRR unchanged, thereby, further creating a positive atmosphere in the Indian markets which led to a rally on Friday.
 

 

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

Top 5 gainers (Mid cap) 

Percentage returns 

Chemplast Sanmar Ltd. 

23.69 

National Standard (India) Ltd. 

21.55 

Brightcom Group Ltd. 

21.42 

Nazara Technologies Ltd. 

16.36 

Dilip Buildcon Ltd. 

15.67 

The top gainer in the Midcap segment was Chemplast Sanmar Ltd The shares of the company delivered a return of 23.69% during the first week of October. The share price of the company rose from Rs 601 to Rs 743.70 during the period. The recently (re)listed Chemplast Sanmar spurted due to overall buoyant sentiment towards speciality chemical stocks and a positive rating from Crisil.

Demand from domestic as well export markets is increasing at a faster clip as production is shifting to India. Also, the recent power crises in China added to the rally in chemical stocks.

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

Top 5 losers (Mid Cap) 

Percentage returns 

CG Power and Industrial Solutions Ltd. 

-6.51 

Angel One Ltd. 

-5.65 

Hikal Ltd. 

-5.63 

JB Chemicals & Pharmaceuticals Ltd. 

-4.47 

Tube Investments of India Ltd. 

-4.38 

CG Power and Industrial Solutions Ltd topped the group as the top loser in the Midcap this week. The shares of the company declined 6.51% from Rs 124.25 to Rs 116.80.

Let us move towards the top 5 gainers in the Smallcap segment:

Top 5 gainers (Smallcap) 

Percentage returns 

Yasho Industries Ltd. 

36.9 

Patel Engineering Ltd. 

36.16 

IG Petrochemicals Ltd. 

30.76 

Suven Life Sciences Ltd. 

27.58 

Best Agrolife Ltd. 

26.85 

 

Yasho Industries Limited topped the group in the Smallcap space with a gain of 36.9% returns in one week. As all the chemical stocks rallied this week due to positive sentiments in the industry and the China power outbreak, this smallcap was no exception. This fundamentally strong chemical company rallied from Rs 903 to Rs 1,235 this week.

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

Top 5 losers (Smallcap) 

Percentage returns 

Mishtann Foods Ltd. 

-9.91 

Surya Roshni Ltd. 

-8.85 

Solara Active Pharma Sciences Ltd. 

-7.94 

Acrysil Ltd. 

-5.8 

Titagarh Wagons Ltd. 

-4.9 

As smallcap stocks are known for their volatility, this stock of Mishtann Foods Ltd was down by 9.91% this week. The share price went down from Rs 23.20 to 20.95 this week, thereby topping the list of the top losers in the smallcap segment.

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