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Bloomberg Quint

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Image Credit: Bloomberg Quint

Heard On The Street: Dealers Spot Action In Maruti Suzuki, JSPL, Axis Bank, SpiceJet And Colgate

  • Dealing rooms flagged major institutional activity in Maruti Suzuki, JSPL, Axis Bank, SpiceJet, and Colgate ahead of the companies’ Q4 results and earnings updates.
  • Maruti Suzuki: Domestic institutional investors have been seen selling shares ahead of the Q4 earnings.
  • JSPL: Foreign broker Morgan Stanley downgraded its rating on JSPL, but the share prices jumped on the back of buying by high-net-worth individuals.
  • Axis Bank: Dealers indicate strong buy flows on an institutional desk, with expectations for better performance compared to its larger peers.
  • SpiceJet and Colgate India: Multiple dealing rooms give positional buy calls, with expectations of strong Q4 performance for SpiceJet and improved Q4 performance for Colgate India.

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