New Delhi: IIFL Securities on Wednesday recommended buying shares of Dollar and Bajaj Consumer Care. The brokerage firm gave a Sell call on Dal Bharat, Hindustan Aeronautics Limited (HAL) and Mahindra & Mahindra (M&M). The firm provided the target price and Stop Loss for all the mentioned shares.
Dollar share price target
IIFL Securities recommended buying shares of Dollar at Rs 528 apiece with a target price of Rs 550 and Rs 570. The counter can be safeguarded with a Stop Loss at Rs 506. Dollar share price closed at Rs 529.50 on August 6, 2024.
Bajaj Consumer Care share price target
Maintaining a Buy rating on Bajaj Consumer Care, the brokerage firm suggested buying the stock at Rs 269 per equity share as the counter has the potential to appreciate to the levels of Rs 280 and Rs 290, The Stop Loss can be positioned at Rs 258.
Stocks to Sell
Dal Bharat share price
Advising Dal Bharat shareholders to sell their stake, the brokerage firm said the stock can be offloaded at Rs 1,746. It provided a target price of Rs 1,687 and Rs 1,630. The Stop Loss can be positioned at Rs 1,804. Dal Bharat share price ended at Rs 1,737 on August 6.
Sell HAL stocks
IIFL Securities suggested selling Defence PSU stock, HAL, at Rs 4,530 apiece. It said the target price can be set at Rs 4,420 and Rs 4,350 with Stop Loss maintained at Rs 4,630. HAL share price closed at Rs 4,521.80 on 6th August.
M&M share price
Projecting a downtrend, the brokerage firm suggested selling Mahindra & Mahindra shares at Rs 2,655 apiece. IIFL Securities said the M&M share target price could be positioned at Rs 2,575 and Rs 2,500 and Stop Loss at Rs 2,735.
Stocks to Buy: IIFL Securities advised buying Dollar and Bajaj Consumer Care shares. The brokerage firm gave a Sell Call on Dal Bharat, Hindustan Aeronautics Limited (HAL) and Mahindra & Mahindra (M&M). Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
