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Russian (RU) Apr 13, 2025, 10:47:03 AM IST
Indian equity benchmarks ended a volatile week slightly lower, dragged by global trade tensions and policy uncertainty. The Nifty 50 and Sensex dipped 0.3% for the week, despite a late rebound after US President Donald Trump announced a 90-day pause on retaliatory tariffs. Amid the turbulence, midcap stocks bore the brunt of the selloff, with these ten names logging the steepest weekly losses across sectors.
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Muthoot Finance slumped 14.11% this week, making it the worst midcap performer. The stock ended Friday at Rs 2,017.35, down 5.74% for the day. The NBFC is primarily engaged in gold loans and other retail lending services.
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Thermax declined 13.17% for the week and closed Friday at Rs 3,085.00, up 0.46%. The company is a key player in energy and environment solutions, manufacturing boilers, heaters, and pollution control systems.
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Indraprastha Gas shed 11.92% this week, ending at Rs 174.75 on Friday, marginally lower by 0.09%. The company supplies compressed natural gas (CNG) and piped natural gas (PNG) in the Delhi-NCR region.
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Brainbees Solutions, the parent of FirstCry, fell 8.51% during the week. Shares closed Friday at Rs 326.90, rising 2.99%. The company operates an e-commerce platform focused on baby and kids’ products.
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6/11
Glenmark Pharmaceuticals
Glenmark Pharmaceuticals dropped 8.11% this week and ended Friday at Rs 1,377.55, up 0.05%. The company develops and markets generic formulations and active pharmaceutical ingredients globally.
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7/11
Emcure Pharmaceuticals
Emcure Pharmaceuticals declined 6.91% over the week but rose 1.42% on Friday to close at Rs 918.70. It is a leading Indian pharma firm focused on branded generics, biotechnology, and active ingredients.
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Astral shares slipped 6.59% this week and ended Friday at Rs 1,248.50, down 1.40%. The company manufactures plastic pipes, fittings, and adhesives used in residential and industrial plumbing systems.
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Phoenix Mills dropped 6.30% during the week, closing at Rs 1,477.75 on Friday, down 1.18%. It develops and operates large-format retail-led mixed-use properties across urban India.
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Tata Elxsi declined 6.06% this week, finishing at Rs 4,752.10 on Friday, virtually flat for the day. The firm offers design and technology services in areas like automotive, media, and healthcare.
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Godrej Properties closed out the top 10 midcap losers with a 5.88% weekly drop. The stock ended Friday at Rs 1,947.85, down 1.31%. It develops residential, commercial, and township projects across major cities.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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