Mumbai: IIFL Securities on November 4, 2024 (Monday) recommended buying shares of Indian Hotels Company Ltd, Fortis Healthcare Limited, Reliance Infrastructure, Aarti Industries, and LTF Foods. The brokerage suggested the share price target and Stop Loss for the mentioned stocks.
In the special Muhurat trading session on November 1, 2024, the Benchmark Sensex jumped by 335.06 points to finish at 79,724.12. The session marked the new Samvat 2081 on a high note. The BSE and NSE conducted a special Muhurat trading session from 6 pm to 7 pm to mark the beginning of the new Samvat Year 2081. In the last Samvat 2080, the 30-share barometer index appreciated 14,484.38 points and the Nifty climbed 4,780 points.
Indian Hotels Company share price
Buy: Rs 688
Target price: 715-735
Stop Loss: Rs 661
IIFL Securities maintained a Buy rating on Indian Hotels Company, recommending the stock to be purchased at Rs 688 per equity share with a target price of Rs 715-735. The Stop Loss should be maintained at Rs 661.
Fortis share price
Buy: Rs 636
Target price: Rs 659-675
Stop Loss: Rs 613
The brokerage suggested buying the stock at Rs 636 per equity share. IIFL Securities said the counter has the potential to appreciate to the levels of Rs 659-675. The shareholders are advised to position the Stop Loss at Rs 613.
Reliance Infrastructure share price
Buy: Rs 291
Target price: Rs 303-310
Stop Loss: Rs 279
IIFL Securities initiated a Buy rating on Reliance Infrastructure. While recommending the stock market enthusiasts to pump in money to purchase the scrip, the brokerage projected it to appreciate to rise to Rs 303-310. It advised the Reliance Infrastructure shareholders to position the Stop Loss at Rs 279.
LTF Foods share price
Buy: Rs 399
Target price: Rs 411-420
Stop Loss: Rs 287
The brokerage firm advised the shareholders to buy LTF Foods shares at Rs 399 apiece. The share target price should be set at Rs 411-420 and the counter should be safeguarded by positioning the Stop Loss at Rs 287.
Aarti Industries share price
Buy: Rs 526
Target price: Rs 547-562
Stop Loss: Rs 505
IIFL Securities recommended Aarti Industries shares to be purchased at Rs 526 apiece with a target price of 547-562. The Stop Loss should be positioned at Rs 505, the firm advised.
(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 invest in today: IIFL Securities has initiated a Buy rating on Reliance Infrastructure, Aarti Industries, LTF Foods, Indian Hotels Company Ltd, and Fortis Healthcare Limited. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
