Dealing room: Biocon, Dish TV, L&T, Raymond, M&M Financial

MUMBAI: ET Now spoke to dealers on institutional and high net worth investors’ activity in the dealing room. The following stocks are on their radar on market buzz.

Biocon: Dealers expect stock to touch levels of Rs 345-350 as Q3 earnings disappoint.

The stock was at Rs 457.95, down 4.42 per cent, on the BSE. It touched a high of Rs 468 and a low of Rs 455 in trade today.

Dish TV: Q3 earnings are likely to disappoint, say dealers. The loss is likely to be at Rs 38-40 crore vs estimate of Rs 17 crore.

The stock was at Rs 49.30, down 2.38 per cent, on the BSE. It touched a high of Rs 50.60 and a low of Rs 48.60 in trade today.

M&M Financial Services: HNIs, domestic fund sellers at current levels, say dealers.

The stock was at Rs 245.15, down 3.47 per cent, on the BSE. It touched a high of Rs 250.35 and a low of Rs 232.35 in trade today.

Raymond: Big HNIs are accumulating the stock, say dealers. Turnaround is likely in the stock.

The stock was at Rs 303.50, up 1.15 per cent, on the BSE. It touched a high of Rs 315.80 and a low of Rs 303.30 in trade today.

L&T: Funds heard to be buyers in trade. Dealers are expecting 30-40 per cent upmove in next 2-3 quarters.

The stock was at Rs 1030.60, up 2.60 per cent, on the BSE. It touched a high of Rs 1,043.40 and a low of Rs 1,010 in trade today.

(Disclaimer: The above report is based on market buzz and information given by dealers. Please consult your financial advisor before taking any position in the stocks mentioned.)