Aarti Drugs: This pharmaceutical company’s promoters recently sold shares via insider trades following a recent buyback. This week, promoters sold over 7,300 shares for Rs 52.3 lakh through two open market sales. These disposals were at a 27% discount to the company’s recent share buyback. In April 2021, the company’s promoters repurchased 6 lakh equity shares for Rs 60 crore via a buyback. Last week, 4.4 lakh shares of the buyback were disposed for Rs 44.2 crore.

PVR: This cinema operator’s stock is up by 21% in one month despite several states imposing lockdowns and halting cinema operations for the past two months. Its Q4, earnings didn’t provide much hope either. In the March 2021 quarter, when cinemas operated with higher capacities than previous quarters of FY21, revenues fell by 18% QoQ and net losses rose five-fold.

Shoppers Stop: Brokerages are optimistic about this apparel retailer even as the country battles the second Covid-19 wave. ICICI Direct, in a note, upgraded its rating on the company to ‘Buy’ from ‘Hold’ and Motilal Oswal maintained its ‘Neutral’ rating. Despite a 17% rally in one month, the average broker target price is at an upside of 11%.

ITC: This FMCG and cigarette maker reported strong Q4FY21 results, but this hasn’t helped its price. The FMCG revenues (of which 75% is staples, convenience foods, and health and hygiene products) grew by 16% YoY ahead of peers like Britannia Industries and Nestle India. Cigarette revenues were up by 7% YoY, ahead of the 5% growth estimated by brokerages. Its stock is down by 3% in the week and trades below its 50-day and 100-day simple moving average (SMA) but above the 200-day SMA.

Mahindra CIE Automotive: The CEO of this auto-components maker’s forgings division penned his resignation to the company’s board. His stint at the company lasted less than 20 months. The markets have shrugged off this resignation, as the stock is up by 33% since April reaching a new 52-week high this week.