New Delhi: IIFL Securities on Monday recommended purchasing shares of Rossari Biotech, Supriya Lifescience, and Nazara Technologies. Meanwhile, the brokerage maintained a Sell call on Godrej Properties and Grasim Industries. The firm suggested target price and Stop Loss for the mentioned stocks.
Rossari Biotech share price target
IIFL Securities maintained a Buy rating on Rossari Biotech. It advised stock market enthusiasts to buy Rossari at Rs 908 per equity share with a target price of Rs 954 and Rs 998. It advised the shareholders to maintain a Stop Loss of Rs 862. Rossari Biotech share price closed at Rs 910.95 apiece on August 2, 2024.
Supriya Lifesciences share price target
Supriya Lifesciences can be purchased at Rs 423 apiece as it has the potential to rise to the levels of Rs 445 and Rs 465. The brokerage suggested safeguarding the scrip by setting the Stop Loss at Rs 402. Supriya Lifesciences share price closed at Rs 423 apiece on August 2, 2024.
Nazara Technologies share price target
Giving a Buy call on Nazara Technologies, the brokerage firm suggested the shareholders to buy the stock at Rs 982 with a target price of Rs 1,023 and Rs 1,060. The counter can be safeguarded by positioning the Stop Loss at Rs 942. Nazara Technologies share price ended at Rs 984 a piece on 2nd August.
Godrej Properties share price target
IIFL Securities advised Godrej Properties shareholders to sell their stake. It recommended selling the stock at Rs 3,005 apiece and gave a target price of Rs 2,884 and Rs 2,765. It suggested the Stop Loss to be maintained at Rs 3,125. Godrej Properties share price ended at Rs 2,993.65 a piece on 2nd August.
Grasim Industries share price target
Grasim Industries shares at Rs 2,705 apiece, IIFL Securities recommended. The brokerage firm said the target price could be set at Rs 2,615 and Rs 2,550 with a Stop Loss of Rs 2,795. Grasim Industries share price ended at Rs 2,703.40 a piece on August 2.
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Stocks to Buy: Rossari Biotech, Supriya Lifescience, and Nazara Technologies. Stocks to Sell – Godrej Properties and Grasim Industries. The recommendations were given by IIFL Securities. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
