Mumbai: IIFL Securities on September 11, 2024 (Wednesday) recommended buying shares of Tata Communications, Power Grid, Himadri Speciality Chemical Ltd (HSCL), Havells and Bharti Airtel. The brokerage firm suggested the share price target and Stop Loss for the mentioned stocks.
Tata Communications share price target
IIFL Securities advised investors to buy shares of Tata Communications at Rs 1998 apiece with a target price of Rs 2068-2120. The brokerage suggested the Stop Loss to be set at Rs 1928. Tata Communications gained around 4 per cent to close at Rs 2000 on September 10, 2024
Power Grid share price target
Giving a Buy rating on Power Grid, the brokerage advised investors to pump in money to buy the stocks of the PSU at Rs 334 per equity share. The firm said the scrip has the potential to appreciate to the levels of Rs 348-357. The Stop Loss should be maintained at Rs 320. Power Grid stock settled over 1 per cent up at Rs 334.75 on 10th September.
HSCL share price target
IIFL Securities has backed Himadri Speciality Chemical Ltd shares to rise. The brokerage said HSCL shares can be purchased at Rs 563 apiece with a target price of Rs 592-610. The stock should be safeguarded by positioning the Stop Loss at Rs 535. HSCL shares closed with over 6 per cent gains at Rs 564 apiece on September 10.
Havells share price target
Buy Havells shares at Rs 1923 apiece, the brokerage recommended. Maintaining a Buy rating on Havells, it advised the investors to get the stock into their portfolio for Rs 1990 per equity share as it projected the counter to rise to the levels of Rs 1990-2040. It advised the Stop Loss to be positioned at Rs 1856. Havells India shares closed at Rs 1925 apiece
Bharti Airtel share price target
IIFL Securities advocated for telecom major Bharti Airtel, saying the stock can be purchased at Rs 1578 per equity share with a target price of Rs 1626-1660. The Stop Loss should be maintained at Rs 1530, it further advised. The telecom stock ended in positive territory with over 2 per cent gains at Rs 1,577.10.
(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 10, 2024 gave a Buy rating on Tata Communications, Power Grid, Himadri Speciality Chemical Ltd (HSCL), Havells and Bharti Airtel. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
