New Delhi: IIFL Securities on September 24, 2024, i.e., Tuesday recommended investors to buy shares of Hindustan Aeronautics Limited (HAL), Engineers India Ltd, Tata Power, Canara Bank, and Oberoi Realty. The brokerage firm suggested the share price target and Stop Loss for the mentioned stocks.
HAL share price target
Buy: Rs 4438
Target: Rs 4454-4630
Stop Loss: Rs 4323
IIFL Securities gave a Buy call on Hindustan Aeronautics Limited, saying the defence PSU stock can be purchased at Rs 4438 per equity share with a target price of Rs 4454-4630. The Stop Loss should be maintained at Rs 4323. The multibagger defence stock ended with over 2 per cent gains at Rs 4,439.00 on September 23, 2024.
Engineers India share price target
Buy: Rs 220
Target price: Rs 231-240
Stop Loss: Rs 209
Backing Engineers India Ltd, the brokerage firm advised interested stock market investors to buy the stock at Rs 220 as it has the potential to rise to the levels of Rs 231-240. The Stop Loss can be positioned at Rs 209, it further stated. The stock settled with nearly 4 per cent gains at Rs 219.50 on 23rd September.
Tata Power share price target
Buy: 455
Target price: Rs 474-485
Stop Loss: Rs 437
Maintaining a Buy rating on Tata Power, IIFL Securities suggested purchasing the Tata Group stock at Rs 455. The brokerage projected the counter to rise to the levels of Rs 474-485. The scrip should be safeguarded by positioning the Stop Loss at Rs 437. Tata Power share price closed in positive territory at Rs 454.25 on Monday.
Canara Bank share price target
Buy: Rs 109
Target: 113.50-117
Stop Loss: Rs 104.60
IIFL Securities initiated a Buy rating on Canara Bank at Rs 109 per equity share. The brokerage advised the short-term shareholders to set the target price at Rs 113.50-117, while the Stop Loss be set at Rs 104.60. The banking stock ended with over 4 per cent gains at Rs 109.30.
Oberoi Realty share price target
Buy: Rs 1900
Target price: Rs 1973-2025
Stop Loss: Rs 1828
The brokerage advised the investors to buy the Oberoi Realty stock into their kitty at Rs 1900 apiece with a share price target of 1973-2025. It advised the shareholders to maintain the position Stop Loss at Rs 1828. The realty sector company’s stock ended with over 2 per cent upside at Rs 1,904.55 on September 23.
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Stocks to Buy today: IIFL Securities gave a Buy rating on shares of Hindustan Aeronautics Limited (HAL), Engineers India Ltd, Tata Power, Canara Bank, and Oberoi Realty. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
