Mumbai: IIFL Securities on Tuesday recommended buying shares of Cipla, IFCI, Dalmia Bharat, JK Paper and Zuari Agro Chemicals. The brokerage firm suggested the target price and Stop Loss for all the five stocks mentioned.
Cipla share price target
Giving a Buy rating on Cipla, the brokerage firm recommended purchasing the shares at Rs 1,535 apiece. It said that the scrip has the potential to appreciate to Rs 1,582 and Rs 1,620. The Stop Loss should be maintained at Rs 1,489. Cipla stock closed at Rs 1,529 apiece on NSE on 10th June 2024.
IFCI share price target
IIFL Securities recommended buying IFCI shares at Rs 61 apiece with target price of Rs 65 and Rs 68. The brokerage firm suggested the Stop Loss at Rs 58. The Railway PSU share price closed at Rs 60.48 on NSE on Monday.
Buy Dalmia Bharat
Dalmia Bharat stock can be purchased at Rs 1,876 per equity share, IIFL Securities said. It said the counter has the ability to rise to Rs 1,932 and Rs 1,980, while the Stop Loss can be maintained at Rs 1,819. Dalmia Bharat shares closed at Rs 1,875 apiece on NSE on June 10.
Buy call on JK Paper share
JK Paper shares can be bought at Rs 420 apiece with a target price of Rs 442 and Rs 460. The brokerage firm suggested the investors to maintain the Stop Loss of Rs 399. JK Paper shares closed at Rs 418.60 apiece on NSE on Monday.
Zuari Agro Chemicals share price target
Buy Zuari Agro Chemicals at Rs 187 per equity share, IIFL Securities said in its recommendations for today. The brokerage firm said the counter can surge to Rs 198 and Rs 205. The Stop Loss can be maintained at Rs 177. Zuari shares closed at Rs 187.15 apiece on NSE.
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