On January 16, 2025, IIFL Securities has assigned a ‘Buy’ rating for ICICI Lombard General Insurance Co (NSE: ICICIGI), Torrent Power (NSE: TORNTPOWER), Chambal Fertilisers and Chemicals (NSE: CHAMBLFERT) and a Sell call on Max Healthcare Institute (NSE: MAXHEALTH) and IndiaMART InterMESH (Fut) (NSE: INDIAMART). For the convenience of investors, IIFL Securities has also given two target prices and a stop loss level for each scrip.
After 4 days of continuous decline, Indian stock market sprung back on Tuesday and Wednesday, January 14 and 15. While on January 14, BSE Sensex rose 169.62 points (or 0.22%) to close at 76,499.63 points, NSE Nifty closed the day at 23,207.60 points, up 121.65 points (or 0.53%). On January 15, Sensex rose 224.45 points (or 0.29%) to close at 76,724.08, while Nifty closed at 23,213.20 after rising 37.15 points (or 0.16%).
Torrent Power target price
IIFL Securities has given a ‘Buy’ signal on Torrent Power. While the Current Market Price (CMP) has been mentioned as Rs 1,896.55, the Buy has been generated at Rs 1,895. The two target prices are Rs 1,964 and Rs 1,997. The stoploss has been set at Rs 1,826.
Buy: Rs 1,895
Target 1: Rs 1,964
Target 2: Rs 1,997
Stoploss: Rs 1,826
Torrent Power target price
IIFL Securities has given a ‘Buy’ signal on Torrent Power. While the Current Market Price (CMP) has been mentioned as Rs 1,421.10, the Buy has been generated at Rs 1,421. The two target prices are Rs 1,464 and Rs 1,485. The stoploss has been set at Rs 1,378.
Buy: Rs 1,421
Target 1: Rs 1,464
Target 2: Rs 1,485
Stoploss: Rs 1,378
Chambal Fertilisers and Chemicals target price
IIFL Securities has given a ‘Buy’ signal on Chambal Fertilisers and Chemicals. While the Current Market Price (CMP) has been mentioned as Rs 485.30, the Buy has been generated at Rs 486. The two target prices are Rs 507 and Rs 515. The stoploss has been set at Rs 466.
Buy: Rs 486
Target 1: Rs 507
Target 2: Rs 515
Stoploss: Rs 466
Max Healthcare Institute share
IIFL Securities has given a ‘Sell’ signal on Max Healthcare Institute. While the Current Market Price (CMP) has been mentioned as Rs 1,039.05, the Sell has been generated at Rs 1,044. The two target prices are Rs 1,013 and Rs 998. The stoploss has been set at Rs 1,075.
Sell: Rs 1,044
Target 1: Rs 1,013
Target 2: Rs 998
Stoploss: Rs 1,075
IndiaMART InterMESH share
IIFL Securities has given a ‘Sell’ signal on IndiaMART InterMESH. While the Current Market Price (CMP) has been mentioned as Rs 2,209.65, the Sell has been generated at Rs 2,214. The two target prices are Rs 2,158 and Rs 2,130. The stoploss has been set at Rs 2,270.
Sell: Rs 2,214
Target 1: Rs 2,158
Target 2: Rs 2,130
Stoploss: Rs 2,270
(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.)
IIFL Securities has assigned a ‘Buy’ rating on ICICI Lombard General Insurance Co, Torrent Power, Chambal Fertilisers and Chemicals and a Sell call on Max Healthcare Institute and IndiaMART InterMESH (Fut). For the convenience of investors, IIFL Securities has also given two target prices and a stop loss level for each scrip. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
