New Delhi: IIFL Securities on January 7, 2025 (Tuesday) recommended buying shares of State Bank of India (SBI), Devyani International, and Titan. The brokerage predicted share price of Hindustan Copper and JSW Energy to decline and advised the shareholders to sell the scrips. The brokerage suggested share price target and Stop Loss for the mentioned stocks.
SBI share price target
IIFL Securities initiated a Buy rating on SBI, saying the banking stock can be purchased at Rs 777 per equity share with a target price of Rs 800 and Rs 815. The Stop Loss should be maintained at Rs 754.
Buy: 777
Target 1: 800
Target 2: 815
Stop Loss: 754
Devyani share price target
The brokerage gave a Buy call on Devyani saying the stock can be bought at Rs 198 apiece as the counter has the potential to rise to the levels of Rs 206 and Rs 212. The shareholders should place the Stop Loss at Rs 190.
Buy: 198
Target 1: 206
Target 2: 212
Stop Loss: 190
Titan share price target
Backing the Tata Group stock, IIFL Securities released a Buy call on Titan, suggesting the counter to be purchased at Rs 3470 per equity share. Titan share price is predicted to rise and touch the levels of Rs 3575 and Rs 3645. The Titan shareholders are advised to position the Stop Loss at Rs 3370.
Buy: 3470
Target 1: 3575
Target 2: 3645
Stop Loss: 3370
Hindustan Copper share price target
Initiating a Buy rating on Hindustan Copper, the brokerage advised the shareholders to offload their holdings and projected the counter to decline to the levels of Rs 225 and Rs 217. The Stop Loss should be set at Rs 245.
Sell: 235
Target 1: 225
Target 2: 217
Stop Loss: 245
JSW Energy share price target
IIFL Securities recommended selling JSW Energy shares at Rs 605 apiece. It predicted the counter to drop to the levels of Rs 582 and Rs 565. The Stop Loss needs to be placed at Rs 628, the brokerage advised.
Sell: 605
Target 1: 582
Target 2: 565
Stop Loss: 628
(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.)
Stocks to Buy and Sell Today: IIFL Securities issued stock recommendations on January 7, 2025, advising buys on SBI, Devyani International, and Titan, with specific price targets and stop-loss levels provided for each. Conversely, sell recommendations were issued for Hindustan Copper and JSW Energy, again with detailed price projections and stop-loss guidance. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
