Mumbai: IIFL Securities on October 4, 2024 (Friday) suggested buying shares of Alembic Pharmaceuticals, Care Ratings, Mahanagar Gas Ltd (MGL), Aarti Industries and Bata India. The brokerage firm provided share price target and Stop Loss for the mentioned stocks.
Alembic Pharmaceuticals share price target
Buy: Rs 1242
Target price: Rs 1293-1328
Stop Loss: Rs 1192
IIFL Securities initiated a Buy call on Alembic Pharmaceuticals at Rs 1242 per equity share with a target price of Rs 1293-1328. The Stop Loss should be maintained at Rs 1192. The pharma stock ended with over 3 percent gains at Rs 1229 per equity share on October 3, 2024
Care Ratings share price target
Buy: Rs 1034
Target price: Rs 1070
Stop Loss: Rs 1095
Backing Care Ratings, the brokerage firm suggested the stock to be purchased at Rs 1034 per equity share with a target price of Rs 1070. It advised the shareholders to position the Stop Loss at Rs 1095. Care Ratings stock closed with more than 3 per cent to settle at Rs 1038 on 3rd October.
MGL share price target
Buy: Rs 1947
Target price: Rs 2005-2040
Stop Loss: Rs 1889
IIFL Securities maintained a Buy rating on Mahanagar Gas Ltd (MGL). The brokerage suggested buying the stock at Rs 1947 per equity share with a target price of Rs 2005-2040. The scrip should be safeguarded by maintaining the Stop Loss at Rs 1889. MGL share price ended in positive territory at Rs 1935.70.
Aarti Industries share price target
Sell: Rs 567
Target price: Rs 550-537
Stop Loss: Rs 584
The brokerage firm advised Aarti Industries to offload their holdings at Rs 567 with a target price of Rs 550-537. It suggested a Stop Loss of Rs 584. Aarti Industries share price dropped over 4 per cent to settle at Rs 563 on Thursday.
Bata India share price target
Sell: Rs 1380
Target price: 1338-1310
Stop Loss: Rs 1422
IIFL Securities initiated a Sell rating on Bata India, saying the stockholders should sell the stock at Rs 1380 apiece with a target price of Rs 1338-1310. The Stop Loss should be maintained at Rs 1422. The stock closed with over 3 per cent downside to Rs 1375.95.
(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: Alembic Pharmaceuticals, Care Ratings, Mahanagar Gas Ltd (MGL), Aarti Industries and Bata India Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
