Mumbai: IIFL Securities on September 9, 2024, i.e., Monday recommended three stocks to Buy and two shares to Sell. The brokerage firm gave a Buy rating on Aavas Financiers Ltd, Suven Pharmaceuticals and Jindal Steel. The firm advised investors to sell shares of Canara Bank and BHEL.
Aavas share price target
Buy Aavas Financiers at Rs 1,876 per equity share with a target price of Rs 1,953-1998. The Stop Loss should be maintained at Rs 1,800, IIFL Securities advised.
Suven Pharmaceuticals share price target
Giving a Buy call on Suven Pharmaceuticals, the IIFL Securities suggested buying the stock at Rs 1200. The brokerage said the stock has the potential to rise to the levels of Rs 1260-1305. The Stop Loss should be positioned at Rs 1,140, it advised the shareholders
Jindal Steel share price target
Maintaining a Buy rating on Jindal Steel, IIFL Securities suggested the stock to be purchased at Rs 955 per equity share as it projected the counter to appreciate to the levels of Rs 992-1015. The scrip should be safeguarded by positioning the Stop Loss at Rs 918, the brokerage said.
Canara Bank share price target
IIFL Securities suggested investors to Sell Canara Bank shares at Rs 104 apiece. The brokerage advised the shareholders to maintain the target price at Rs 100-97. It advised shareholders to maintain the Stop Loss at Rs 108.
Bhel share price target
Maintaining a Sell rating on BHEL, IIFL Securities said the PSU stock can be offloaded at Rs 265 per equity share with a target price of Rs 257-251. The Stop Loss should be maintained at Rs 273.
(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 and Sell today: IIFL Securities maintained a Buy call on shares of Aavas Financiers Ltd, Suven Pharmaceuticals and Jindal Steel. The brokerage advised selling Canara Bank and BHEL shares. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
