New Delhi: IIFL Securities on Friday recommended buying shares of MSTC Ltd, Max Financial Services Ltd (MFSL), Trent, Poonawalla Fincorp Ltd. The brokerage, however, advised UltraTech Cement shareholders to offload their holdings. The form shared the share target price and Stop Loss for the mentioned stocks.
MSTC share price target
Giving a Buy rating on MSTC, IIFL Securities bought shares at Rs 907 apiece with a target price of Rs 953 and Rs 990. The brokerage firm advised the shareholders to maintain the Stop Loss at Rs 861. MSTC share price closed at Rs 915 on August 8, 2024.
Trent share price target
Buy Trent shares at Rs 5,644 apiece with a target price of Rs 5,815 and Rs 5,960, the brokerage recommended. The counter should be safeguarded by setting a Stop Loss at Rs 5,475. Trent share price ended at Rs 915 on 8th August.
MFSL share price target
Buy MFSL at Rs 1,107 apiece as the stock has the potential to rise to the levels of Rs 1,152 and Rs 1,195, IIFL Securities stated. The counter should be safeguarded by maintaining the Stop Loss at Rs 1,062. Max Financial Services closed at Rs 1,122.80 on August 8.
Poonawalla share price target
Buy Poonawalla Fincorp shares at Rs 369 apiece with a target price of Rs 388 and Rs 405. The Stop Loss should be maintained at Rs 350, it advised shareholders. Poonawalla stock closed at Rs 372.90.
‘Sell Ultratech Cement shares’
UltraTech Cement shareholders were advised to sell their holdings at Rs 11,272 apiece. The brokerage said the share can go down to the levels of Rs 10,930 and Rs 10,600. The Stop Loss should be maintained at Rs 11,610. Ultra Tech Cement share price settled at Rs 11,449 on August 9.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to Buy today: MSTC Ltd, Max Financial Services Ltd (MFSL), Trent, Poonawalla Fincorp Ltd. Stock to Sell – UltraTech Cement. IIFL Securities has given the recommendations. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
