Dealing Room: HDFC, Jain Irrigation, Educomp, Gujarat Fluro

MUMBAI: ET Now spoke to dealers on institutional and high net worth investors' activity in the dealing room. The following stocks were on their radar on unconfirmed reports.

HDFC

Dealers recommend buying HDFC on the basis of technical trends. They expect it to touch Rs 685-690 levels.

The stock was at Rs 668.40, up 0.91 per cent on the NSE. It touched a high of Rs 669.20 and a low of Rs 663.50 in trade so far.

Jain Irrigation

Desks indicate HNI accumulation in the counter. Buzz of placement to PE firms is doing rounds.

The stock was at Rs 86.35, up 0.99 per cent on the BSE. It touched a high of Rs 88.75 and a low of Rs 85.25 in trade so far.

Educomp Solutuions

Desks indicate sell orders in pipeline.

The stock was at Rs 171.50, down 1.80 per cent on the BSE. It touched a high of Rs 176.15 and a low of Rs 170.20 in trade so far.

ITC

Fund mangers are cautious on stock and the FMCG sector. Goldman Sachs has maintained ‘buy' while cutting target price to Rs 264 from Rs 266 earlier.

The stock was at Rs 249.05, down 0.42 per cent on the BSE. It touched a high of Rs 250.20 and a low of Rs 246.50 in trade so far.

TTK Prestige

Q1 sales growth of the company expected to be over 30 percent. Dealers Dealers expect the stock to touch Rs 3350 in the short-term.

The stock was at Rs 3260.50, up 3.12 per cent on the BSE. It touched a high of Rs 3,182 and a low of Rs 3,161.70 in trade so far.

Gujarat Flourochemicals

Dealers are speculating some corporate announcement. The company is holding analyst meet at 4.30 pm today.

The stock was at Rs 421.80, up 5.85 per cent on the BSE. It touched a high of Rs 427 and a low of Rs 401 in trade so far.
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.