New Delhi: IIFL Securities recommended stock market investors to buy shares of Paytm, Zydus Wellness. The brokerage firm advised Tata Power, Havells, Siemens shareholders to sell their holdings. It provided the target price and Stop Loss for the mentioned stocks.
Paytm share price target
Giving a Buy rating on One Communications, IIFL Securities advised stock market enthusiasts to buy Payth share at Rs 459 apiece with a target price of Rs 478 and Rs 495. The scrip should be safeguarded with a Stop Loss of Rs 440, it stated. Paytm share price closed at Rs 455.90 on NSE on July 19, 2024.
Zydus Wellness share price target
The brokerage suggested buying Zydus Wellness shares at Rs 2,183 apiece with a target price of Rs 2,248 and Rs 2,300. The Stop Loss should be maintained at Rs 2,118, it advised shareholders.
Stocks to Sell
‘Sell Tata Power shares’
Maintaining a Sell rating on Tata Power shares, IIFL Securities advised shareholders of the company to offload their holdings. It advised to Sell the stock at Rs 414 with a target price set at Rs 400 and Rs 388 and Stop Loss positioned at Rs 427. Tata Power share price ended at Rs 414.70 on NSE on 19th July.
Sell Rating on Havells India
The brokerage recommended selling Havells India stock at Rs 1,767 per equity share. It suggested target price of Rs 1,820 and Rs 1,714. The counter needs to be safeguarded with a Stop Loss of Rs 1,670. Havells share price ended at Rs 1,765.85 on NSE on July 19.
Sell Siemens share: IIFL Securities
Projecting a downfall in Siemens share price, IIFL Securities suggested shareholders to sell the stock at Rs 6,835, with a target price set at Rs 6,664 and Rs 6,500. The Stop Loss should be maintained at Rs 7,006. Siemens share price ended at Rs 6,690.05 on NSE on July 19, 2024.
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Stocks to Buy and Sell today: IFL Securities has maintained a Buy rating on Paytm, Zydus Wellness. The brokerage firm suggested selling shares of Tata Power, Havells, Siemens. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
