Mumbai: IIFL Securities on September 25, 2024 (Wednesday) initiated a Buy rating on Bharat Electronics Limited (BEL), Siemens, Dal Bharat, Power Grid Corporation of India and Hindalco Industries. The brokerage suggested target price and Stop Loss for the mentioned stocks.
BEL share price target
Buy: 292
Target price: Rs 304-312
Stop Loss: Rs 280
IIFL Securities advised investors to pump in money to buy shares of Bharat Electronics Limited with a target price of Rs 304-312. The firm said the shareholders should set the Stop Loss at Rs 280. The stock ended with over 2 per cent gains at Rs 292.90 on September 24.
Siemens share price target
Buy 7095
Target Price: Rs 7308-7460
Stop Loss: 6882
The brokerage gave a Buy call on Siemens, saying the stock has the potential to appreciate. The brokerage suggested Siemens stock to be purchased at Rs 7095 per equity share with a target price of Rs 7308-7460. The Stop Loss should be maintained at Rs 6882, it advised. Siemens share price settled with nearly 3 percent gains at Rs 170.34 on 25th September.
Dal Bharat share price target
Buy Dal Bharat shares at Rs 1930 apiece with a target price of Rs 1988-2030, the brokerage recommended. The stakeholders should position the Stop Loss at Rs 1872. Dal Bharat stock ended in positive territory at Rs 1920.
Power Grid share price target
IIFL Securities backed Power Grid, saying the PSU stock would increase. The brokerage advised the investors to pump in their money to buy the stock at Rs 350 per equity share with a target price of Rs 368-380. The counter should be safeguarded with a Stop Loss of Rs 332. The PSU stock appreciated over 1 per cent to close at 353.85 on Tuesday.
Hindalco share price target
Maintaining a bullish stance, the brokerage suggested Hindalco Industries shares to be bought at Rs 718 apiece. It projected the scrip to appreciate to the levels of Rs 742-760. The shareholders should set the Stop Loss at Rs 695. Hindalco stock settled in Green at Rs 725.
(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 Securities on September 25, 2024 projected share price of BEL, Siemens, Power Grid, Hindalco and Dal Bharat to rise. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
