Hindustan Unilever: This FMCG major’s stock saw three target price upgrades from analysts over the past month as they are enthused about the company’s prospects in Q2FY22. This confidence stems from resilient rural demand due to a good rabi harvesting season, rise in minimum support prices and an uptick in kharif sowing. The increased mobility across the country will also lead to a rise in demand for the company’s products, which will lead to decent growth, according to analysts.

JSW Energy: The expectation of reforms in the power sector sent this power utility stock flying over the past month and touched a 52-week high on Thursday. So much so that, based on technical indicators like RSI and MFI, this stock is now the most overbought stock among the Nifty 500 companies. The stock is currently trading above all its simple moving averages.

Bharat Forge: For the first time, a promoter group firm pledged shares of this company. This forging company’s promoter group firm Sundaram Trading And Investment pledged nearly 3.44% of its stake in the firm to cover corporate guarantees given by a promoter group company to lenders.

Coal India: With industrial activity picking up in India, this state-owned coal miner’s stock is back on investor’s radar. There is a shortage of supply of coal globally as many countries are looking to coal to run their power plants. A spike in natural gas prices is fueling this switch towards coal globally to run power plants due to an energy crisis. The expectation among investors seems to be that the shortage of coal will drive e-auction prices higher in India, despite Coal India’s assertions that it will ramp up production. Coal India might also plan price hikes on dry fuel to mitigate higher costs. Essentially, in an era of heightened attention towards climate change, good old coal seems to be the most reliable fuel.

SBI Life Insurance: This life insurance company expects FY22 to be among the best years for its business in the past few years. According to a report by Motilal Oswal, the management in a recent interaction at an investor conference said that new business picked up in Q2FY22 as reflected in its robust operating metrics in the months of July and August. The company said at the conference that business is expected to grow in double digits in FY22.