Mphasis: Brokers have grown bullish on this IT-services company following its Q2 results. ICICI Securities and Motilal Oswal upgraded the stock from ‘Hold’ to ‘Buy’ while Prabhudas Lilladhar maintained a ‘Buy,’ all three brokers increased their target price on the company. The company’s net profit moved up by 9.4% on a quarterly basis.

DLF: A US-based investment company that holds a 3.1% stake in this realty company has disposed of 25 lakh shares via a single market sale. The investment company also holds a 7.1% stake in another company in the same industry, Oberoi Realty, and increased its stake in the same by 1.4% acquiring 52.9 lakh shares in March 2020.

Uflex: This packaging company’s promoter group holding a 5.2% stake in the company has received 2.6 lakh shares valued at Rs. 8.8 crores following the revocation of its May 2020 pledge. The company’s pledged shares as a percentage of promoter shareholding dropped from 5.6% to 3% in Q2.

KPIT Technologies: This technology company’s mutual fund shareholding has increased for the 6th straight quarter, from 5.7% in June 2019 to 12.3% in September 2020. However, in the same period, its pledged promoter shareholding has also jumped from 12.2% to 18.1%.

Havells India: This electrical equipment company has jumped by 8% in the past few days due to positive earnings, but brokers are still pessimistic about its long-term prospects. In its last 11 broker reports, the company has received 6 ‘Sell’ ratings, with 5 recommendation downgrades. Its average broker target price is at a downside of 24.9% against its current price.