Dealing Room Buzz: Key Stocks in Focus from SBI to Godrej Properties
Big names like SBI, Sterlite Tech, Mankind Pharma, Godrej Properties, Hind Rectifiers and Bharat Rasayan have all been in focus, each for different reasons. The moves tell a story of short-term positioning against the backdrop of long-term trends.
State Bank of India has seen strong institutional interest. The reason is straightforward — the stock is trading under its recent Qualified Institutional Placement level of ₹817. The bank raised about ₹25,000 crore through that QIP, aimed at strengthening its capital base.
For traders, ₹817 now acts as a ceiling. A move above it could signal momentum. On the flip side, ₹805–₹810 is shaping up as support. Long-term desks see value here, considering the capital boost and the bank's growth outlook.
Sterlite Tech is back on HNI watchlists. The company's first-quarter update pointed to a strong order book, feeding optimism about steady revenue in the months ahead. With growing demand for fiber networks and 5G infrastructure, that order visibility is a key driver.
After three loss-making quarters, it's back in profit. Traders are eyeing the ₹132.55 mark as the next challenge. A break above could set up a fresh leg higher if the sector stays supportive.
Not all the action has been on the buy side. Mankind Pharma has been under selling pressure from institutional desks. The concern is that Q1 earnings may disappoint, with possible margin pressure from higher costs and competition.
Investors will watch revenue growth, profit, and EBITDA margins once results land. Some brokerages remain optimistic — Motilal Oswal has a target near ₹2,990 — but short-term sentiment is cautious.
The property developer's name is making the rounds on reports of an upcoming block deal. A foreign investor from an earlier QIP is expected to exit, adding supply to the market. The stock is sitting under ₹2,061, with ₹2,000 seen as key support.
That selling chatter hides a stronger underlying story. In Q1 FY26, net profit rose 15% year-on-year to ₹600 crore. Bookings reached ₹7,082 crore — the eighth straight quarter above ₹5,000 crore. Collections were up 22% to ₹3,670 crore.
Projects like Godrej MSR City in North Bangalore — a 62-acre high-rise township near the airport — show why demand for the brand's premium housing remains intact despite short-term market moves.
Hind Rectifiers has been catching buy flows from both HNIs and PMS desks. Strong first-quarter results and a significant Indian Railways order have lifted sentiment. The stock hit a fresh 52-week high at ₹2,019.70 during the week.
With the government pushing railway electrification, the company's niche makes it a beneficiary of sustained sector spending.
Bharat Rasayan has stayed in demand among small-cap specialists. Solid quarterly results, promoter holding of nearly 75%, and an uptick in FII interest are part of the appeal. The company's performance also compares well to peers in the agrochemical sector, which adds to its strength story.
This week's dealing room buzz shows a market balancing near-term flows with longer-term fundamentals. Block deals, QIP pricing, and upcoming earnings are setting the tone now, but in several cases — especially SBI and Godrej Properties — the bigger picture still looks constructive.
