Stocks to Buy today: Reliance, BPCL, PFC and more – IIFL Securities

Stocks to Buy today: Reliance, BPCL, PFC and more – IIFL Securities

New Delhi: IIFL Securities on August 30, 2024 recommended purchasing shares of Reliance Industries (RIL), BPCL, PNB Housing, PFC and Can Fin Homes Limited. The brokerage shares the share price target and Stop Loss for the mentioned stocks.

Reliance share price target

A day after Mukesh Ambani addressed the RIL AGM 2024 and the board of Reliance Industries said it will consider issuing 1:1 bonus shares on September 5, 2024, IIFL Securities gave a Buy rating on RIL stock. The brokerage advised interested investors to purchase the Stock at Rs 3,042 with a target price of Rs 3,125 and Rs 3,200. The counter can be safeguarded by maintaining the Stop Loss at Rs 2,950. Reliance Industries share price ended the day at Rs 3,042.90 on NSE on August 29, 2024.

BPCL share price target

Backing the PSU stock to rise, the brokerage said BPCL shares can be purchased at Rs 357 apiece with a target price of Rs 342 and Rs 372. The counter should be safeguarded by maintaining the Stop Loss at Rs 385. Bharat Petroleum Corporation Ltd share price ended the day at Rs 356.50 on 29th August.

PFC share price target

IIFL Securities recommended buying another PSU stock, PFC, at Rs 555 per equity share. The brokerage projected the counter to rise to the levels of Rs 532-578. It advised the shareholders to position the Stop Loss at Rs 595. PFC shares ended at Rs 555.50 on NSE on August 29, 2024.

PNB Housing share price target

Buy PNB Housing shares at Rs 947 apiece with a target price of Rs 995 and Rs 1,030, the brokerage recommended. The Stop Loss should be maintained at Rs 899. PNB Housing share price settled at Rs 951 on NSE on 29th August.

Can Fin Homes share price target

IIFL Securities suggested buying Can Fin Homes stock at Rs 883 per equity share. The brokerage projected the stock to appreciate to Rs 855-910. The scrip should be safeguarded by maintaining the Stop Loss at Rs 930. Can Fin Homes share price closed at Rs 884.05 on NSE on August 29.

(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: IIFL gave a Buy rating on shares of Reliance Industries (RIL), BPCL, PNB Housing, PFC and Can Fin Homes.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today