New Delhi: IIFL Securities on Monday recommended investors to buy shares of HDFC Life, Mazagon Dock Shipbuilders Ltd, Delhivery, Aarti Industries and Eicher Motors Ltd. The brokerage suggested share price target and Stop Loss for the mentioned stocks.
HDFC Life share price target
IIFL Securities gave a Buy rating on HDFC Life saying the stock can be bought at Rs 417 per equity share with a target price of Rs 744-768. The Stop Loss should be positioned at Rs 680, the brokerage advised the stakeholders. The insurance company stock settles with over 1 per cent gains at rs 712 on September 20, 2024.
Mazagon Dock Shipbuilders share price target
Advocating for Mazagon Dock, the brokerage suggested buying the defence PSU stock at Rs 4375 apiece as it has the potential to rise to the levels of Rs 4550-4680. The Stop Loss can be positioned at Rs 4200. Mazagon Dock Shipbuilders gained over 7 per cent to end the day at Rs 4,360.90.
Delhivery share price target
Maintaining a Buy call on Delhivery, IIFL Securities advised the interested investors to purchase the stock at Rs 432 per equity share. It projected the scrip to appreciate to the levels of Rs 449-462. The counter should be safeguarded by maintaining the Stop Loss at Rs 415. Delhivery share price ended in positive territory at Rs 432 on 20th September.
Aarti Industries share price target
Buy Aarti Industries shares at Rs 574 apiece with a target price of Rs 603-625, the brokerage advised. It further asked the stakeholders to position the Stop Loss at Rs 545. Aarti Industries share ended the day with gains of over 1 per cent at Rs 573.20.
Eicher Motors share price target
IIFL Securities advised buying Eicher Motors shares at Rs 4963 apiece. The brokerage predicted the stock to rise to the levels of Rs 5089-5180. The shareholders should set the Stop Loss at Rs 4838. Eicher Motors stock ended on a higher side with over 2 per cent gains at Rs 4,982.20.
(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 today: IIFL Securities on September 23, 2024 gave a Buy rating on Aarti Industries, HDFC Life, Mazagon Dock Shipbuilders Ltd, Delhivery, and Eicher Motors Ltd. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
