HBL power systems is trading at a PE of 94 while Nippo batteries or Indo National is trading at PE multiple of nearly 50.

Telecom stocks have been underperforming in 2021 with Bharti Airtel trading flat on YTD basis.  

BEML: In the wake of the second wave of COVID-19 pandemic as well as to mitigate the oxygen shortages in the country for COVID patients, BEML has successfully started manufacturing 960 LPM medical oxygen plants at its KGF complex in record time under a ToT agreement with Defence Bio-Engineering & Electro Medical Laboratory (DEBEL) under DRDO.

In over a five-year period the stock is up by 587 per cent and has been a darling of long-term investors.

Recently, Suzlon has bagged an order to supply 120 units of S120-140m HLT with rated capacity of 2.1 MW each from CLP India. 

There is good news for Praj Industries and sugar stocks as India brings forward the target for 20 per cent ethanol-blending in petrol from 2025 to 2023.  
 

As a result of this, it led to the formation of a bullish Marubozu candle. Despite this sharp upmove, the stock has underperformed when compared with the performance of Eveready Industries in the last one year.   

In today's trading session, Sensex and Nifty remained bullish throughout and touched record high levels. Sensex ended at 52,232.43 level, recording 0.74 per cent increase and Nifty ended at 15,690.35 levels, registering a 0.73 per cent increase.

Continuing with the diversification of its product portfolio, Ruchi Soya Industries Limited has entered into the nutraceuticals & wellness products segment with the launch 100 per cent vegetarian, preservative-free nutraceutical products to be marketed under ‘Patanjali’ and ‘Nutrela’ brands. 

The markets soared today by crossing the 52,000 mark and gained 382.95 points. Sensex ended at 52,232.43 levels while Nifty closed at 15,690.35 levels, which are up by 114.15 points. With a positive trend shown by the markets, the investors are in the hope of exploring the untapped opportunities in the market.