Mid-caps yet to recover from Dalal St bloodbath

Top mid-cap gainers

Price on

%change

Sep 19, 2005

Oct 3,
2005

Mahindra Gesco Developers

199.30

288.90

45.00

Kalyani Steels

266.95

325.60

22.00

Panacea Biotec

273.85

327.90

19.70

State Bank of Mysore

4250.00

5004.00

17.70

Engineers India

515.80

604.65

17.20

Top mid-cap losers

Aftek Infosys

150.95

114.60

-24.10

Shaw Wallace & Co

212.60

166.75

-21.60

SpiceJet

100.10

80.95

-19.10

Southern Iron & Steel Co

34.75

28.35

-18.40

Indiabulls Financial Services

229.20

188.15

-17.90

 Other major stocks in the sector that witnessed downsides were Indiabulls Financial Services - down 18 per cent from Rs 230 to Rs 188, Gujrat NRE Coke (down 17 per cent) and Reliance Capital (down 15 per cent).  However, analysts are not writing off the mid-caps yet. According to Suresh Parmar, senior equity dealer, Darashaw,