Chemplast Sanmar: This specialty chemical maker’s stock has got institutional investors and rating agencies excited. Earlier this week, Mirae Asset Mutual Fund purchased an additional 81,000 shares in the company. The mutual fund is still holding on to its 29.5 lakh shares that it purchased when the stock was listed on exchanges in August 2021. The chemical maker’s stock listed at a 3% discount, but since then has gained 36%. Rating agency Crisil gave the company’s long term loans an A+ rating with a positive outlook.

Hindustan Petroleum Corporation: This PSU oil and gas company’s stock is up by 27% in less than two months amid news of a looming energy crisis. The stock has outperformed O&G peers  — Indian Oil Corporation, and Bharat Petroleum Corporation as well as the benchmark Nifty50 in the past year. Even after this rally, its trailing 12-month (TTM) price to earnings (PE) ratio is 4.2 times, against an average PE of 6.4, placing it in the buy-zone.

Tata Motors: This automobile maker’s electric passenger vehicle (electric PV) sales are skyrocketing. In September 2021, the company sold over 1,070 electric PVs, a 3.5X growth over the previous year and a 5% growth over the previous month’s sales. Electric PVs now make up over 4% of its total PV wholesales. In addition to the high electric PV sales, the company’s commercial vehicle wholesales grew by 33% YoY and its internal combustion engine (or ICE) passenger vehicle sales grew by 18% YoY in September.

Godrej Consumer Products (GCPL): This FMCG company’s stock is down by 10% in two weeks despite a positive outlook and an expected management change. Earlier this week, the management said Q2FY22 revenues will grow at a double-digit compounded annual growth rate (CAGR) against Q1FY20 revenues due to higher sales volumes and price hikes. On October 18, former Hindustan Unilever  executive Sudhir Sitapati will take charge of the GCPL as Managing Director and CEO. Since announcing the arrival of Sitapati in May 2021, GCPL’s stock is up by 42%.

Sobha: This real estate company’s sales bookings surged in Q2FY22 and they expect more of the same in H2FY22. In Q2, bookings rose by 49% YoY to Rs 1,032 crore (33% of FY21’s total sales bookings) with a 51% growth in sales volumes to 13 lakh square feet of properties. The company expects the festive season and its new launches to sustain the sales momentum in Q3 and Q4. In the past month, the Nifty Realty index jumped by 25% while Sobha lagged with a 10% growth. However, over the past year, Sobha was the highest gainer among realty stocks as its stock price tripled.