Max Financial Services: This insurance company’s stock has shot up by 15% since October, reaching a new 52-week high, and is less than 2% off its lifetime high. Its trailing 12-month (TTM) PE is 69.9, against an average historic PE of 92.4, putting it in the ‘neutral zone.’ The average TTM PE of the life insurance industry is 71.7.

Dixon Technologies: This consumer durables company’s promoters have resumed disposing equity. This week over 5,300 shares worth Rs 6.6 crore were disposed. In the past two months, over 55,000 shares were disposed worth Rs 58 crore. Since the beginning of the month, its price is up by 19%.

Westlife Development: This fast-food restaurant operator which holds the master franchisee for McDonald’s in South and West India is up by 10% since the week began. This week saw its competitor, Burger King India list at a premium of 92% to its upper IPO price band, and its food service provider Mrs. Bectors Food Specialties’ IPO.

Va Tech Wabag: This water treatment company in which Rekha Jhunjhunwala holds an 8% stake is seeing mutual fund exits. Between July to November, mutual funds disposed 5.4 lakh shares, with 1.6 lakh shares sold last month. For the quarter ended September 2020, its mutual fund holding was 3.5%, down from 7% in September 2019.

Apollo Tyres: Brokers are turning cold on this tyre manufacturing company. Recently, ICICI Securities downgraded its recommendation on the stock from ‘Buy’ to ‘Hold.’ After its Q2 earnings, Dolat Capital and BOB Capital Markets each decreased their target price on the stock. Its average broker target price is a downside of 19.7% against its market price.