Ajanta Pharma, Tata Elxsi, Tube Investment among midcap stocks that fell for 5 days in a row

Midcap stocks that fell for 5 days in a row.

At least four Nifty Midcap 150 stocks -- Ajanta Pharma, Tata Elxsi, Tube Investment of India, and Torrent Power -- have registered losses for five consecutive trading sessions as of the market close on Wednesday, October 1. The consistent downward movement reflects sustained selling pressure across a range of sectors, including pharma, IT services, industrials, and power.

Ajanta Pharma stock closed at Rs 2,406.30 on Wednesday, down 0.34 percent for the day and 3.66 percent over the last five sessions. The stock has weakened despite the company’s year-on-year revenue growth in the June 2025 quarter, which rose to Rs 1,302.65 crore from Rs 1,144.92 crore. Net profit for the quarter stood at Rs 255.34 crore, up from Rs 245.77 crore a year earlier.

Tata Elxsi shares ended marginally lower by 0.02 percent, closing at Rs 5,227.00, taking the stock’s 5-day cumulative loss to 4.31 percent. For the year ending March 2025, the company reported standalone revenue of Rs 3,729 crore, up from Rs 3,552 crore the previous year, though net profit declined slightly to Rs 784 crore from Rs 792 crore.

Tube Investments of India closed at Rs 3,096.70, falling 0.41 percent on the day and 4.01 percent over the last five sessions. The company posted consolidated revenue of Rs 5,309.06 crore in the June 2025 quarter, up from Rs 4,577.92 crore in the same quarter last year. However, net profit dipped to Rs 303.28 crore from Rs 313.80 crore a year earlier.

Torrent Power also posted a fifth consecutive day of losses, closing at Rs 1,218.90, down 0.24 percent on the day and 3.07 percent over five days. Its revenue in the June 2025 quarter declined to Rs 7,906.37 crore from Rs 9,033.73 crore in June 2024, while net profit fell to Rs 741.58 crore from Rs 996.34 crore.

These four stocks from the Nifty Midcap 150 index have extended their losing streaks across five sessions, marking notable short-term weakness. While price declines have been gradual rather than sharp, the consistency of the fall makes these counters stand out in the midcap segment this week.

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