New Delhi: India Infoline recommended stock market enthusiasts to buy shares of Jindal Saw, Central Coalfields Limited (CCL), Mphasis, Godrej Properties and Indian Overseas Bank (IOB) for short-term profits. The brokerage firm suggested target price and Stop Loss for the stocks. The BSE Sensex climbed 194.9 points to 75,585.40 in early trade today, while the Nifty went up 59.95 points to 22,992.40.
Indian Overseas Bank share price
The brokerage firm recommended buying IOB shares at Rs 74.50 apiece, with a target price of Rs 78 and Rs 81. The Stop Loss should be maintained at Rs 71.50, it suggested. IOB stock was trading at Rs 74.10 at 9:20 am on May 28.
Central Coalfields Limited (CCL)
Central Coalfields Limited shares can be purchased at Rs 598, with a target price of Rs 622 and Rs 645. The Stop Loss should be maintained at Rs 574. Central Coalfields Limited IOB stock was trading at Rs 598.40 at 9:21 am on May 28.
Godrej Properties share price target
Giving a buying call on Godrej Properties, the brokerage firm recommended buying the stocks at Rs 2845 apiece, with a target price of Rs 2,925 and Rs 3,000. The Stop Loss should be maintained at Rs 2,765. Godrej Properties stock was trading at Rs 2825.95 at 9:20 am on May 28.
Jindal Saw share price
The brokerage firm recommended buying Jindal Saw shares at Rs 566 per equity share with a target price of Rs 583 and Rs 600. The Stop Loss can be maintained at Rs 549, as per IIFL. Jindal Saw stock was trading at Rs 559.15 at 9:20 am on May 28.
Mphasis share price
Mphasis shares can be purchased at Rs 2441 apiece with a target price of Rs 2503 and Rs 2560. The Stop Loss can be set at Rs 2441. Mphasis was trading at Rs 2441.20 at 9:20 am on May 28.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to invest in: IIFL advised purchasing shares of Indian Overseas Bank, Central Coalfields Limited, Godrej Properties, Jindal Saw, Mphasis. The firm shared the target price and Stop Loss for all the mentioned stocks. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
