Dealing Room: LIC Housing, Bata India, Wipro, Polaris

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:

LIC Housing Finance:

Dealers are building short ahead of results on expectations of disappointing Q1 results.

The stock was at Rs 243, down 2.15 per cent, on the BSE. It touched a high of Rs 250 and a low of Rs 241.45 in trade so far.

Bata India:

Dealers expect profit booking in the counter at current levels.

The stock was at Rs 905.25, down 0.48 per cent, on the BSE. It touched a high of Rs 917.50 and a low of Rs 902.60 in trade so far.

Wipro:

Dealers see the stock slide to levels of Rs 335 following results.

The stock was at Rs 345.85, down 2.97 per cent, on the BSE. It touched a high of Rs 353 and a low of Rs 341 in trade so far.

Shriram Transport Finance:

Dealers expect the company to report Q1 PAT at Rs 321 - 325 crore levels. ET Now poll expects it to be at Rs 327 crore.

The stock was at Rs 553, down 0.85 per cent, on the BSE. It touched a high of Rs 564.80 and a low of Rs 546.60 in trade so far.

Polaris:

Dealers expect results to surprise street. ET Now poll sees Q1 PAT at Rs 54 cr.

The stock was at Rs 114.10, up 0.40 per cent, on the BSE. It touched a high of Rs 115.95 and a low of Rs 113.45 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.