Stocks to Buy: MCX, Shriram Finance, M&M and more — IIFL Securities

Stocks to Buy: MCX, Shriram Finance, M&M and more — IIFL Securities

New Delhi: IIFL Securities has given a BUY call with a share price target on 5 stocks. The brokerage shared CMP and stop loss on the stocks of commodity exchange MCX, NBFC company Shriram Finance, NAM India, SUV maker M&M, and Equitas Bank.

MCX share price target

IIFl Securities gave a BUY call on MCX with a suggestion to buy at Rs 4,636 apiece. Investors should maintain a stop loss at Rs 4,507 apiece. MCX share price target 1 is Rs 4,765 apiece while target 2 has been set at Rs 4,890 apiece, according to the brokerage.

Shriram Finance stoploss

IIFL Securities gave a BUY call on Shriram Finance with an entry point at Rs 2,981.50 apiece. Investors should maintain stoploss slightly lower at Rs 2,893 apiece. Profit booking opportunities are available at a share price target of Rs 3,072 apiece and then at Rs 3,160 apiece, according to IIFL Securities.

NAM India share price target

NAM India’s share price target has been set at Rs 715 apiece and then Rs 740 apiece by IIFL Securities, which gave a BUY call on the stock with an entry point of Rs 686.85 apiece. IIFL Securities suggested maintaining the stoploss at Rs 659 apiece.

M&M share price target

The SUV maker’s share price target has been set at Rs 2,925 apiece and then at Rs 2,990 apiece by IIFL Securities. The company suggests entering the stock at Rs 2,840.45 apiece and maintaining a stop loss at Rs 2,755 apiece.

Equitas Bank stoploss

IIFL Securities gave a BUY call on Equitas Bank with an entry point at Rs 82 apiece, while maintaining stop loss Rs 5 lower at Rs 77 apiece, The first share price target is RS 87 apiece, followed by another profit booking opportunity at Rs 91 apiece, according to the brokerage.

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 IIFL Securities gave a BUY call on MCX, Shriram Finance, NAM India, M&M, and Equitas Bank. Check share price target and stoploss.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today