Stocks to Buy: SJVN, Jindal Steel & Power and more – ICICI Direct recommendations

Stocks to Buy: SJVN, Jindal Steel & Power and more – ICICI Direct recommendations

New Delhi: ICICI Direct Research recommended stock market investors to buy shares of SJVN, Kalpataru Projects International, Affle India, Jindal Steel & Power with a three months perspective. The brokerage firm shrewd the share target price and Stop Loss for all the recommended stocks.

SJVN share price target

Giving a Buy rating on SJVN, ICICI Direct said the PSU stock can be purchased in the range of Rs 129-133 with a target price of Rs 133. The Stop Loss can be maintained at Rs 122, it advised the shareholders. SJVN share price closed at Rs 141.71 on nSE on July 6, 2024.

Stocks to invest

Kalpataru Projects share price target

Kalpataru Projects shares can be bought at a price of Rs 1170-1200, the firm suggested. It said the scrip has the potential to go North and achieve the target price of Rs 1,340 within three months. It asked the Kalpataru shareholders to position the Stop Loss at Rs 1,095. The counter closed at Rs 1,230.10 per equity share on NSE on 5th July.

Affle India share price target

Maintaining a Buy call on Affle India share price, ICICI Direct said that the stock has the potential to reach its target price in three months. The brokerage firm recommended the equity investors to buy the stock in the range of Rs 1290-1330 per equity share with a target price of Rs 1510, safeguard with a Stop Loss of Rs 1,185. Affle India share price ended at Rs 1,339 per equity share on NSE on July 5.

IndiGo share price target

Jindal Steel & Power

Backing Jindal Steel & Power, the brokerage firm said that the stock of the mentioned company has the potential to appreciate to the level of Rs 1,230. It recommended teh shares to be bought at Rs 1065-1090 apiece. The Stop Loss should be positioned at Rs 1,009, it added. Jindal Steel & Power share price closed at Rs 1,050 on July 6.

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 Stocks to Buy: ICICI Direct Research backed shares of SJVN, Kalpataru Projects International, Affle India, Jindal Steel & Power to reach their target price in three months.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today