Kolkata: IIFL Securities has assigned a ‘Buy’ rating on Power Finance Corporation (NSE: PFC), Ashok Leyland (NSE: ASHOKLEY), Godrej Properties (NSE: GODREJPROP), Zensar Technologies (NSE: ZENSARTECH) and Mahindra and Mahindra Financial Services (NSE: M&MFIN). For the convenience of investors, IIFL Securities has also given two target prices and a stop loss level.
On Thursday, January 2, 2025, Sensex closed the day’s trade at 79,943.71, up a whopping 1,436.30 points (or 1.83%). On the other hand, Nifty rose even higher gaining 1.88% or 445.75 points to close the day at 24,188.65 points. Investors are believed to have become richer by more than Rs 8 lakh crores on a single session.
Power Finance Corporation target prices
While the Current Market price of Power Finance Corporation (PFC) is Rs 459.35, the Buy call has been generated at Rs 460. The 2 target prices are Rs 474 and 485. The stoploss is at Rs 446.
Buy: Rs 460
Target 1: Rs 474
Target 2: Rs 485
Stoploss: Rs 446
Ashok Leyland target price
The CMP of this scrip is at Rs 236.08. IIFL Securities has generated a Buy call at Rs 236b and the target prices are Rs 245 and Rs 252. The stoploss is Rs 227.
Buy: Rs 236
Target 1: Rs 245
Target 2: Rs 253
Stoploss: Rs 227
Godrej Properties share
The CMP of Godrej Properties stock is Rs 2,811.95. The Buy is at Rs 2,812. The target prices are 2,883 and Rs 2,935. The stoploss has been set at Rs 2,741.
Buy: Rs 2,812
Target 1: Rs 2,883
Target 2: Rs 2,935
Stoploss: Rs 2,741
Zensar Technologies share
IIFL Securities has set a Buy call at Rs 793, while the CMP has been mentioned at Rs 793.10. The target prices are Rs 827 and Rs 850. The stoploss is at Rs 759.
Buy: Rs 793
Target 1: Rs 827
Target 2: Rs 850
Stoploss: Rs 759
Mahindra and Mahindra Financial Services target price
The CMP of Mahindra and Mahindra Financial Services is Rs 275.70. The Buy is at Rs 275, while the target prices are Rs 285 and Rs 292. The stoploss is at Rs 265.
Buy: Rs 275
Target 1: Rs 285
Target 2: Rs 292
Stoploss: Rs 265
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IIFL Securities has assigned a ‘Buy’ rating on Power Finance Corporation, Ashok Leyland, Godrej Properties, Zensar Technologies and Mahindra and Mahindra Financial Services. IIFL Securities has also given two target prices and a stop loss level for each scrip. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
