PI Industries, Gopal Snacks, RK Forgings, Ireda CG Power Among Others Buzzing On Dealers' Desk

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 PI Industries, VST Tillers, Gopal Snacks, Ashapura Mine, RK Forgings, Ireda, and CG Power.

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:

Dealers indicate sell flows on institutional—both domestic and foreign—desks in trade today.

There are large buy orders on large high-net-worth desks for these three names.

Multiple dealing rooms have been giving positional buy calls on IREDA, as they find the valuations to be cheap in context for 30% AUM growth guidance.

There are buy flows on high-net-worth individual desks in anticipation of a GST rate cut for small tractors as per dealers.

Dealers indicate there are buy flows on the domestic institutional desk. The stock has been consolidating of late, and dealers expect an upmove from here on.

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.