New Delhi: IIFL Securities on Monday recommended buying shares of Adani Ports, Bharti Airtel, Larsen & Toubro, Naukri and Mahanagar Gas Limited (MGL). The brokerage firm suggested target price and Stop Loss for the mentioned stocks.
Adani Ports share price target
IIFL Securities suggested buying Adani Ports shares at Rs 1,543 apiece with target price of Rs 1590-1,635. The firm said the Stop Loss should be maintained at Rs 1,496. Adani Ports stock closed at Rs 1,540.75 on July 26.
Adani Ports is the largest commercial ports operator in India and has presence across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha.
Bharti Airtel share price target
Maintaining a Buy rating on Bharti Airtel, the brokerage recommended buying the telecom stock at Rs 1,515 per equity share. It said the share has the potential to increase to the levels of Rs 1,560 and Rs 1,605. The scrip should be safeguarded with a Stop Loss of Rs 1,470. Bharti Airtel share price closed at Rs 1,511.75 on July 26.
Bharti Airtel Limited is a leading telecommunication company and provides its services across USA, Europe, Africa, Middle East, Asia-Pacific, India, and SAARC regions.
L&T share price target
Giving a Buy call on Larsen & Toubro, IIFL Securities advised investors to purchase shares of the construction giant at Rs 3,680 apiece with a target price of Rs 3,775 and Rs 3,870. It suggested the shareholders to position the Stop loss at Rs 3,585. L&T share price ended at Rs Rs 3,699 on July 26.
L&T is engaged in the business of constructing airports, bridges, defence Installations, factories, minerals & metals, hospitals, housing, hydel Projects, Infrastructure for Renewables, metros, nuclear Plants, office spaces, ports, Power Transmission & Distribution Infrastructure, public spaces, Indian Railways, giving Digital Energy Solutions etc.
MGL share price target
IIFL Securities in its stock recommendations suggested buying MGL shares at Rs 1,846 apiece. The brokerage said the stock has the potential to rise to the levels of Rs 1,902 and Rs 1,955. The Stop loss should be maintained at Rs 1,790. Mahanagar Gas Limited share price closed at Rs 1,847.55 on 26th July.
Naukri share price target
Buy Naukri stocks at Rs 7,188 per equity share, the brokerage firm recommended. The target price should be set at Rs 7,397 and Rs 7,600. The stock should be safeguarded by setting the Stop Loss at Rs 6,980. Naukri share price closed at Rs 7210 on July 26, 2024.
Info Edge is the parent company of Naukri. The company was incorporated on May 1, 1995 and started its business with classified recruitment online business, naukri.com.
Stocks to Buy today: IIFL Securities has maintained Buy rating on shares of Adani Ports, Bharti Airtel, Larsen & Toubro, Naukri and Mahanagar Gas Limited (MGL). Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
