New Delhi: ICICI Direct Research gave a BUY call on the stocks of Adani Ports, Gujarat Industrial Power and Nocil for a 14-30-day horizon. The brokerage shared the share price target and stop loss for the three scrips. Adani Ports has been in focus since the arrival of a mothership the company’s operated Vizhinjam Port.
Adani Ports share price target
ICICI Direct gave a BUY recommendation on Adani Group-owned Adnai Ports ajd SE, led by group patriarch Gautam Adani’s son Karan Adani.
The brokerage suggested entering Adnai Ports’ stock at Rs 1,480-1505 apiece.
ICICI Direct has set the stop loss for Adani Ports’ share price at S 1,436 per share.
The share price target for Adani Ports’ stock is Rs 1,620 apiece.
ICICI Direct suggests holding the stock for a 30-day duration.
Adani Ports share price history
Adani Ports’ share price was down 1.60 per cent on Friday
In the past 5 days, the stock’s value was down 1.32 per cent
Adani Ports’ stock value was down 1.04 per cent in the past month
In the past 6 months, the stock price jumped 29.28 per cent
In the past year, Adani Group’s share price rose 101.80 per cent
Gujarat Industrial Power stop loss
ICICI Direct suggested entering Gujarat Industrial Power’s shares at Rs 248=254 apiece.
Gujarat Industrial Power’s shares should be sold at Rs 240 apiece for stop loss, said the brokerage.
The stock’s price is likely to mature in 14 days with ICICI Direct giving a share price target of Rs 271 apiece for Gujarat Industrial’s stock.
Gujarat Industrial Power share price history
The company’s stock closed 5.09 per cent lower on Friday
It was down 7.28 per cent in the past 5 days
In the past month, it was down 8.47 per cent
Gujarat Industries Power Co’s share price was up 25.57 per cent in the past 6 months
In the past year, the company’s stock price jumped 116.29 per cent
NOCIL share price target
ICICI Direct shared a BUY call in NOCIL’s shares in the range of Rs 298-307 apiece.
However, the stop loss has been suggested at Rs 288 apiece.
NOCIL’s share price target has been set at Rs 330 apiece by ICICI Direct Research with a 14-day horizon.
NOCIL share price history
NOCIL’s share price was down 5.46 per cent to Rs 292 apiece on Friday.
The company’s stock value was down 1.28 per cent in the past 5 days.
NOCIL’s stock was up 0.09 per cent in the past month
In the past 6 months, NOCIL’s stock rose 13.80 per cent
In the past year, NOCIL’s share price was up 37.48 per cent
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Stocks to Buy for Long Term: ICICI Direct Research gives share price target and stop loss for Adani Ports, Gujarat Industrial Power and NOCIL. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
