Majesco: This software company’s stock which hit a lifetime high last week could be due for a pullback. It received its first broker recommendation and target price downgrade this month, after 8 consecutive ‘Buy’ ratings between November 2019 to August 2020, it also has an average broker downside of 23.8% against its current price.

V-Mart Retail: This retail company’s promoter group recently created a pledge using 25,000 shares of the company, at an average price of Rs. 2,136 per share, valuing the pledge at Rs. 5.3 crores. Since June, this promoter group has disposed of over 1.3 lakh shares in the company, valued at Rs. 24.2 crores, via market sales.

Ion Exchange: This water treatment company in which Rakesh Jhunjhunwala holds a 3.9% stake has seen Sunil Singhania’s Abakkus Fund acquire 2.4 lakh shares taking a 1.7% stake in the company during the quarter ended September. The company also saw its FII holding drop from 1.8% to 0.8% during the quarter, its lowest FII holding since June 2019.

Tata Communications: This telecommunications company’s CFO and KMP Pratibha Advani resigned with immediate effect. The company has appointed Kabir Ahmed, former CFO of Microsoft India in her position.

Indian Energy Exchange: This power trading exchange’s mutual fund holding has increased for the 4th quarter in a row, up from 7.1% in September 2019 to 18.2% in September 2020. On the other hand, its FII holding has dropped from 32% in March 2020, to 30.2% in September.