New Delhi: Domestic brokerage ICICI Direct Research has given BUY recommendations 3 companies with a long-term perspective — Granules India, Birla Corporation and Elgi Equipment. Let’s take a look at the commentary, share target price and stop loss for these 3 stocks shared by ICICI Direct.
Granules India target share price
ICIC Direct gave a BUY call for the domestic pharmaceutical company Granules India with a target share price of Rs 515 apiece. Granules’ share price closed 4 per cent higher at Rs 492 apiece on the BSE on Friday, June 21, 2024. ICICI Direct Research has given this target price on the counter for the coming 12 months.
Granules share price has rallied 6 per cent in the past 5 days
The stock skyrocketed 20 per cent in the past 1 month
The chemical company’s share price zoomed 28 per cent in the past 6 months
Granules’ share price shot up 69 per cent in the past 1 year
Birla Corporation share price stop loss
Aditya Birla Group company Birla Corporation’s share price was down 2 per cent lower to Rs 1,537 apiece on the BSE on Friday. ICICI Direct Research gave a target share price of Rs 1,870 per share for Birla Corporation with a 6-12 month horizon. The company’s stock is expected to rally 9 per cent rally from Friday’s closing price, and a 21 per cent rally in the next 12 months.
Birla Corporation’s share price was down 1 per cent in the past 5 days
The stock gained 6 per cent in the past 30 days
The scrip zoomed 9 per cent in the past 6 months
Birla Corporation’s share price shot up 24 per cent in the past 1 year
Elgi Equipment target share price and stop loss
Air compressor manufacturer Elgi Equipment’s target share price was set at Rs 835 apiece for a 6-12 month horizon by ICICI Direct. The company’s Friday closing price was Rs 740 per share on the BSE, and the brokerage forecat a 13 per cent rally in the next 12 months.
Elgi Equipment’s share price zoomed 9 per cent over the past 5 days
Elgi Equipment’s share price was up 12 per cent in the past 1 month
The stock skyrocketed 40 per cent in the past 6 months
The company’s stock zoomed 37 per cent in the past 1 year
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to Buy for long term: ICICI Direct Research has given BUY recommendations Granules India, Birla Corporation and Elgi Equipment. Check share target price and stop loss. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
