Stock market : On July 25, there was a huge decline in shares of smallcap and midcap companies. Due to this, the broader market index closed in dark red mark. The Nifty Smallcap 100 index fell 2 per cent to around 18,332. While the Nifty Midcap 100 index fell 1.5 per cent to 58,099 by noon. In the midcap index, the APL Apollo tubes were the highest in the top loses with the highest 7% decline.
Top midcap loser
If you look at the Nifty Midcap index, APL Apollo Tubes remained the most falling shains. Yesterday the stock fell over 7 per cent to close at Rs 1,562 per share. This declined after the company released the results of the first quarter of FY 2026. APL Apollo Tubes recorded a profit of Rs 237 crore in the first quarter of FY 2026. It showed an annual growth of 23 per cent of Rs 193 crore for the first quarter of FY 2025. During this period, the earnings from the company’s functioning increased to Rs 5,170 crore.
Axis Securities Says that the company’s revenue has been less than estimated. The company’s first quarter performance was affected by weak macro situations and its sales were less than expected. Axis Securities has retained its ‘BUY’ rating for this stock. But its target price has been reduced to ₹ 1,950 per share.
There Motilal Oswal Financial Services It has been said that despite weak macro economic conditions, increasing cost of employees and geopolitical challenges, the company has shown good recovery in working performance in the first quarter of FY 2026. It has rated the stock with a target price of Rs 2,000 per share.
Aditya Birla Capital The shares also fell around 5 per cent to close at Rs 258 per share. The shares of BHEL, Kalyan Jewelers, BSE, Sona BLW, Suzalon Energy, Bandhan Bank, Paytm, SAIL and Godrej Properties have seen more than 3 per cent decline. Apart from this, Adani Total Gas, Hindustan Petroleum, IGL, Ola Electric Mobility and Union Bank of India also registered a decline of more than 2.6 percent.
Top smallcap loser
Swan Energy was the most declining share in the smallcap index. The stock fell around 7 percent to around Rs 476 per share. The shares of Ceffintch and Reliance Power also declined by 5 percent. The shares of Nuwama, Hindustan Copper, PNB Housing Finance and Poonawala Fincorp declined by more than 4 percent, while HFCL, CAMS, NBCC, CDSL and other stocks fell by more than 3 percent.
Bhavik Joshi, Business Head of Invasst PMS Said “Today’s selling in Indian stock markets goes to a sense of vigilance in domestic re-regulation and global market instead of any structural weakness. Further market direction will be determined by the results of macro figures and companies. Investors will not just grow growth, but the direction’s clarity”.
Alfamani’s light light The June quarter says the market sentiment is weak due to the decrease in FPI purchasing, a decrease in FPI shopping, new equity offers by mutual funds and uncertainty about the Indo-US tariff deal.
VK Vijaykumar, the Chief Investment Strategist of Jeepy Investments Said that the market situation may remain weak in the near future. Boddar market, especially smallcap shares, may continue to weak, as the valuation has become quite expensive and it has become difficult to justify this valuation.
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