Mumbai: IIFL Securities on November 21, 2024 (Thursday) initiated a Buy rating on Sharda Cropchem Ltd, Paytm, Tech Mahindra, Federal Bank and General Insurance Corporation of India (GICRE). The brokerage provided share price target and Stop Loss for the mentioned stocks.
The benchmark BSE Sensex opened on lower note and went down over 530 points in early trade to 77,040.73. The NSE Nifty lowered nearly 200 points to 23,322.85. The 30-share Sensex climbed 239.37 points to settle at 77,578.38 on November 19. The broader Nifty gained 64.70 points to finish at 23,518.50.
Sharda Corpchem share price target
Buy: 817
Target 1: 858
Target 2: 885
Stop Loss: 776
IIFL Securities maintained a Buy rating on Sharda Cropchem, advising the stock market investors to buy the stock at Rs 817 per equity share with target price of Rs 858 and Rs 885. The Stop Loss should be maintained at Rs 776, it stated.
Buy Tech Mahindra
Buy: 1700
Target 1: 1752
Target 2: 1785
Stop Loss: 1649
Buy Tech Mahindra share at Rs 170 apiece as the IT stock has the potential to rise to the levels of Rs 1752 and Rs 1785. The Stop Loss should be positioned at Rs 1649, the brokerage recommended.
GICRE share price target
Buy: 372
Target 1: 387
Target 2: 398
Stop Loss: 357
Backing General Insurance Corporation of India share price to rise, IIFL Securities advised the interested investors to pump i money to purchase the stock at rs 372 per equity share. It projected the counter to appreciate to Rs 387 and Rs 398. The scrip should be safeguarded by setting the Stop Loss at Rs 357.
Paytm share price target
Buy: 815
Target 1: 852
Target 2: 878
Stop Loss: 778
One 97 Communications Ltd, the parent company of Paytm, are likely to be in news today as IIFL Securities has given a Buy Call on the stock. Buy Patym shares at Rs 815 apiece with a target price of Rs 852-878. The shareholders are advised to maintain the Stop Loss at Rs 778.
Federal Bank share price
Buy: 207
Target 1: 215
Target 2: 220
Stop Loss: 199
Federal Bank shares can be purchased at Rs 207 apiece. The brokerage predicted the scrip to rise to the levels of Rs 215 and Rs 220. It asked the Federal Bank shareholders to maintain the Stop Loss at Rs 199.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to Buy today: Buy Call on share price of General Insurance Corporation of India (GICRE), Tech Mahindra, Sharda Cropchem Ltd, Paytm, Federal Bank. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
