Cyient: Analysts are bullish on this midcap IT company, with six brokerages giving buy/accumulate ratings on this stock within the past month. The business has seen improving growth outlook in its services segment and strong margin performance. Management guidance is for double digit services growth in FY22, with Utilities, Communication and Transportation verticals powering the way.

Ambuja Cements: LIC has purchased 522,000 shares of this cement company, which posted strong March quarter results, with both sales volumes and revenues rising, driven by strength in infra spending as well as rural housing demand. The stock's share price has outperformed the index over the past year by more than 40%.

BASF India: This chemicals company has been rising steadily in share price ahead of its results on May 11. The company has gained 13.2% over the past week and 6.8% over the past month, and hit a fresh year high today. It is part of the Upcoming Results with Rising Share Price screeener. 

Persistent Systems: Tech is buoyant, thanks to a reviving global market that is coming out of the Covid second wave even as India entered it. This IT stock hit a lifetime high today after its Q4FY21 results indicated resurgent demand, and Persistent has seen a rise in large deals of about $3-5 million in annual revenues over the past three quarters. Its MFI and RSI levels indicate that the company is currently in the overbought range. 

WABCO India: This auto ancillary company, which specializes in braking solutions has hit the accelerator as far as mutual fund buys is concerned. The stock has seen sharp increases in mutual fund purchases QoQ overall, as well as in the month of March. The company's yearly share price performance has been muted, underperforming the Nifty over the past 1 year.