Mumbai: IIFL Securities on October 25, 2024 (Friday) recommended buying shares of Bank of Baroda, Coromandel International Ltd, Railtel and Aeroflex Industries Ltd. The brokerage advised the Polycab shareholders to sell the stocks. For the convenience of the stock market investors, it suggested share price target and Stop Loss for the mentioned stocks.
Bank of Baroda share price target
Buy: Rs 245
Target price: Rs 256-263
Stop Loss: Rs 235
IIFL Securities initiated a Buy rating on Bank of Baroda, the brokerage suggested buying the stock at Rs 245 per equity share with a target price of Rs 256-263. The Stop Loss should be maintained at Rs 235, it advised.
Coromandel share price target
Buy: Rs 1640
Target price: Rs 1700-1740
Stop Loss: Rs 1580
Coromandel International shares can be purchased at Rs 1640 apiece as it has the potential to rise to the levels of Rs 1700-1740. The investors should set the Stop Loss at Rs 1580, it said.
Polycab share price target
Sell: Rs 6557
Target price: Rs 6425-6360
Stop Loss: Rs 6688
Maintaining a Sell rating on Polycab, IIFL Securities advised the shareholders of the electrical parts manufacturing company to offload the stock at Rs 6557 apiece. The brokerage advised the target price to be set at Rs 6425-6360 and Stop Loss be positioned at Rs 6688.
Railtel share price target
Buy: 414
Target price: Rs 433-445
Stop Loss: Rs 395
Backing Railway PSU stock, Railtel, IIFl Securities gave a Buy rating on Railtel, saying the stock can be purchased at Rs 414 apiece as it has the ability to rise to the levels of Rs 433-445. The counter should be safeguarded by maintaining the Stop Loss at Rs 395.
Aeroflex share price target
Buy: Rs 190
Target price: Rs 198-204
Stop Loss: Rs 182
IIFl Securities recommended buying Aeroflex Industries shares at R s190 per equity share with a share price target of Rs 198-204. The shareholders are advised to maintain the Stop Loss at Rs 182.
(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 suggested buying shares of Railtel, Aeroflex Industries Ltd, Bank of Baroda, and Coromandel International. The brokerage advised selling Polycab stocks. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
