Dealing room buzz: Petronet LNG, Asian Paints, BPCL, L&T

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.

Petronet LNG: The company will be reporting Q2 earnings today. Dealers expect earnings to disappoint.

The stock was at Rs 127.30, up 1.35 per cent, on the BSE. It touched a high of Rs 128.95 and a low of Rs 124.50 in trade today.

BPCL, HPCL, IOC: Dealers suggest buying as stocks may move higher on stronger rupee.

BPCL was at Rs 359.10, up 3.35 per cent, on the BSE. It touched a high of Rs 361.10 and a low of Rs 350 in trade today.

Asian Paints: Dealers say Q2 earnings are expected to be below estimates. The profit for second quarter is expected to be at Rs 210 crore.

The stock was at Rs 486, up 0.02 per cent, on the BSE. It touched a high of Rs 494.50 and a low of Rs 476.60 in trade today.

L&T: Dealers Say the company may cut revenue growth guidance today.

The stock was at Rs 847, up 1.16 per cent, on the BSE. It touched a high of Rs 853.40 and a low of Rs 828 in trade today.

Future Retail: Dealers say HNIs are agressive buyers in the stock today.

The stock was at Rs 78.45, down 0.13 per cent, on the BSE. It touched a high of Rs 80.20 and a low of Rs 77.55 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.