Heard On The Street: Dealers Spot Action In Hindustan Zinc, Tata Chemicals, Nazara Tech And More

NDTV Profit India has been tracking the action in the top dealing rooms of India’s financial capital, and this edition of ‘Heard On The Street’ provides you with buzzing action on stocks like Hindustan Zinc, Tata Chemicals, Nazara Tech, Navin Fluorine, Kaynes Tech, Astral, Supreme Industries and Prince Pipes.

Heard On The Street provides readers with what well-informed investors, especially HNIs, FIIs, DIIs, and mutual funds, are buying and selling in the stock market. It also tracks the latest unconfirmed/unverified chatter around stocks and/or sectors.

NDTV Profit picked up the following cues from the dealing room chatter during trade:

Hindustan Zinc

Stock has declined 5% as the street is expecting that there could be a potential stake sale announcement from Vedanta.

Tata Chemical

Dealers indicate that large high-net-worth individuals are accumulating the shares on expectations of some positive corporate development.

Nazara Tech

There is buzz that the company is working on a large acquisition and announcement related to the same; it could come in soon.

Navin Fluorine and Kaynes Tech

Dealers indicate there could be a potential fund raise via qualified institutional placement soon in both counters.

Astral, Supreme Industries, Prince Pipes

Dealers indicate that a big domestic broking firm might initiate coverage on pipe companies soon.

Disclaimer: The mentioned stocks capture NDTV Profit's dealing room channel checks during trading hours. The information provided is for informational purposes. However, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information. This content does not constitute financial, investment, or trading advice and should not be construed as a recommendation to buy, sell, or hold any securities.