- Lupin: Veteran investor Rakesh Jhunjhunwala and LIC have each increased their stake in this pharmaceutical company in Q2FY21. The company’s mutual fund holding has also been increasing in every quarter since December 2018, jumping from 5.7% to 12.6% in that time.
- Dalmia Bharat: This cement manufacturing company’s group CFO and whole-time director has resigned from the company and will step down on October 31. The company’s stock price has surged by 13% in the past month and is now 16.6% off its 52-week high.
- Responsive Industries: This flooring and leather company has seen its current day delivery volume (71.5%) more than double historic averages. Its previous day delivery was 45.2%, weekly average 31.9%, monthly average 31.6%, and 6-month average 19.2%. This is the third highest daily delivery volume for the company all year.
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HFCL: The largest promoter group of this fiber optic cable manufacturing company, holding a 19.1% stake, reacquired 30 lakh shares in the company via two market purchases earlier this week. The same promoter reacquired 2.6 crore shares last month and saw its 3.3 crore shares revoked in July.
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Jamna Auto Industries: This automotive company’s MD and CEO, holding a 5.7% stake in the company, recently created a pledge using over 72,500 shares of the company, valued at Rs. 31.8 lakhs. Last month also he created a pledge using 1.5 lakh shares of the company, valuing the pledge at Rs. 74.1 lakhs. Between the two pledge creations, he acquired 3 lakh shares via two market purchases.
