Cummins: This industrial machinery maker’s stock is down by 14% in two months. During this fall, its domestic institutional investor SBI Mutual Fund, reduced its stake. The mutual fund house sold 62,000 shares via a market sale last week. This is the first time the fund sold shares since it acquired a 5% stake in the company in October 2019.

TCI Express: This logistics company’s stock is up by 54% in two weeks prompting an insider to take profits. Over the weekend, the company’s Vice President, Pabitra Mohan Panda, sold over 2,000 shares worth Rs 28 lakhs. Since the year began, the company’s top management has sold over 21,000 shares for Rs 2.1 crore across 11 market sales.

PNB Housing Finance: This mortgage lender’s stock jumped this week by over 40% due to marquee foreign and domestic institutional investors buying a stake. The company’s board approved a fundraise of up to Rs 4,000 crore from private equity firm Carlyle Group and the former CEO of HDFC Bank, Aditya Puri. Post the fundraise, the new investors will become promoters of the company, holding a 32% stake.

Eicher Motors: This two-wheeler and commercial vehicle maker reported a 33% growth YoY in revenues to Rs 2,930 crore and a 73% rise in net profits to Rs 526 crore. This top and bottom line growth has changed broker’s minds. Axis Direct upgraded its rating on the stock to ‘Hold’ from ‘Sell’ citing the strong growth in net profits despite rising input costs. Motilal Oswal maintained a ‘Buy’ rating and ICICI Securities a ‘Hold’ rating on the company’s stock.

Tanla Platforms: This cloud communications company’s stock is down by 7% in one week, slumping to a two-month low. The falling price was accompanied by a delivery volume of over 80% of the total traded volume. Amid this fall, the company’s Managing Director Uday Kumar Reddy acquired 4.3 lakh shares for Rs 39 crore via a market purchase, increasing his holding to 21.4%.