Update on Maruti:
Some vested interests are spreading rumours that co will report big growth in NP for Q3 . We reiterate that co should report NP even lower than mentioned in our earlier blog. Further, 1st time in many years, co will declare results post-market which is not good corporate governance. Co don't want stock to be hammered down on expiry day? We are fairly confident that stock tomorrow should open gap down. So investors can short Feb series