Heard On The Street: Dealers Spot Action In Avenue Supermarts, AU Small Finance Among Others

Indian equity benchmarks fluctuated between gains and losses, with the Sensex rising 411 points and Nifty rallying 0.3% at the time of publishing. 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 Avenue Supermarts, AU Small Finance, Capri Global and Pipe Manufacturers.

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:

Avenue Supermarts

Dealers indicate that large, high-net-worth individuals have been selling shares ahead of Q4 earnings, which are on May 3.

AU SFB

Dealers indicate that there could be a potential block deal next week.

Capri Global

The NBFC might launch a fundraise via QIP soon.

Astral, Supreme Industries and Finolex Industries

Dealers indicate that PVC prices were cut by Rs 2.5/kg from May 1. The total price cut in 2025 now stands at Rs 12/kg, and the current prices are the lowest since May 2020. Dealers expect another Rs 2-3/kg of price reduction. Price cuts could lead to inventory losses and impact margins of Supreme Industries, Astral and Finolex Industries.

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.