New Delhi: IIFL Securities on Tuesday recommended buying shares of Asian Paints, Lal PathLabs, and Hindustan Unilever Limited (HUL). The brokerage firm suggested selling PVR Inox and Wipro stocks. The firm suggested target price and Stop Loss for the mentioned stocks.
Asian Paints share price target
IIFL Securities maintained a Buy rating on Asian Paints and advised the investors to buy the stock at Rs 3,093 per equity share with a target price of Rs 3,170 and Rs 3,240. It advised the shareholders to maintain the Stop Loss at Rs 3,015. Asian paints share price closed at 3,096 on August 5, 2024.
Lal PathLabs share price target
The brokerage backed Lal PathLabs share price to gain. The firm recommended purchasing the stock at Rs 3,160 with a target price of Rs 3,250 and Rs 3,320. The counter can be safeguarded with a Stop Loss of Rs 3,070. Dr. Lal PathLabs stock ended at Rs 3,158 on 5th August.
HUL share price target
HUL shares can be purchased at Rs 2,715 apiece as the FMCG stock has the potential to rise to the levels of Rs 2,770 and Rs 2,800. The Stop Loss can be positioned at Rs 2,660. HUL stock ended at 2,720 on August 5.
PVR Inox share price target
IIFL Securities gave a Sell call on PVR Inox. The brokerage recommended selling the stock at Rs 1,422 and said the counter can go down to the levels of Rs 1,384 and Rs 1,345. The Stop Loss should be maintained at Rs 1,462, it stated. PVR Inox share closed at Rs 1,414.45.
Wipro share price target
The brokerage firm recommended selling Wipro shares at Rs 487 apiece with a target price of Rs 472 and Rs 462. The counter should be safeguarded with a Stop Loss of Rs 502. Wipro share price closed at Rs 485.40.
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Stocks to Buy: Asian Paints, Lal PathLabs, and Hindustan Unilever Limited (HUL). Stocks to Sell today: PVR Inox and Wipro. The recommendations were sent by IIFL Securities. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
