Adani Ports & Special Economic Zone: This port operator part of the Adani Group and the Nifty50 has been on a decline due to reports stating the NSDL froze its foreign portfolio investors’ accounts. Its stock price dropped 26% in one week. Amid this fall, its promoter purchased shares. Between June 17-21, promoters acquired nearly 42.6 lakh shares worth Rs 288 crore via three insider trades. This is the largest acquisition by promoters since December 2020.

Au Small Finance Bank: This microfinance lender’s stock is up by 12% in one month, ahead of the Nifty50’s gain of 4% despite poor quarterly numbers. In Q4FY21, total income declined by over 60% sequentially, with the net NPA ratio increasing by 180 basis points. Its valuation is also nearing historic highs. The trailing 12-month (TTM) price-to-earnings ratio of 28 times is closing in on its average price-to-earnings ratio of 36 times. The stock is still trading in the buy-zone.

Jubilant Foodworks: Brokerages are not optimistic on this master franchise operator of Domino’s Pizza and Dunkin’ Donuts despite part of the country opening up. HDFC Securities maintained a ‘Reduce’ rating on the stock citing the expected sales recovery to be priced in. Motilal Oswal also maintained a ‘Neutral’ rating and lowered the FY22 earnings per share estimate by 12.5% given the second Covid-19 wave lowering dine-in sales. The average broker target price is at a downside of 11.1% against its current price.

KNR Constructions: This construction engineering company’s promoters and directors are selling shares. Last week, two directors and a promoter sold 50 lakh shares, representing 1.78% of the company, for Rs 111.5 crore via three insider trades. This is the first disposal of shares by directors and promoters in 2021. The stock is up by 18% in two months.

Infosys: This IT Services company’s stock is up by 11% in one month. This has pushed its price above all its moving averages. Its relative strength index (RSI) is at 79.2, and the money flow index (MFI) is at 74.8, both in the overbought zone. Among Nifty50 stocks, Infy is the most overbought per its RSI and MFI.