Mumbai: IIFL Securities on September 12, 2024 recommended stock market investors to buy shares of IndiGo, Cyient Ltd, Policy Bazaar, Nazara Technologies, and Jyothy Labs. The brokerage provided share price target and Stop Loss for the mentioned stocks.
IndiGo share price target
InterGlobe Aviation shares are expected to be in focus today as IIFL Securities have a Buy rating on the IndiGo stock. The brokerage suggested buying IndiGo shares at Rs 4900 apiece with a target price of Rs 5038-5140. The Stop Loss should be maintained at Rs 4762. InterGlobe Aviation share closed at Rs 4,958.50 on September 11, 2024.
Cyient Ltd share price target
Buy Cyient stock at Rs 2080 per equity share, the brokerage suggested. It said the counter has the potential to rise to the levels of Rs 2165-2225. The shareholders should maintain the Stop Loss at Rs 1996. Cyient Ltd share price marginally gained to close at Rs 2100.
Policy Bazaar share price target
Maintaining a Buy rating Policy Bazaar, Listed as PB Fintech on stock exchanges, IIFL Securities asked the investors to purchase the stock at Rs 1783 per equity share with a target price of Rs 1855-1900. The counter should be safeguarded by setting the Stop Loss at Rs 1712. PB Fintech 1,812.35
Nazara Tech share price target
Nazara Tech shares can be bought at Rs 965 apiece with a target price of Rs 1005-1030, the brokerage recommended. The Stop Loss should be positioned at Rs 926.
Jyothi Labs share price target
IIFL Securities gave a Buy rating on Jyothi Labs. The brokerage advised to buy the stock at Rs 579 per equity share. It projected the scrip to rise to the levels of Rs 608-625. The Stop Loss should be maintained at Rs 550.
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Stocks to Buy Today: IIFL Securities maintained a Buy rating on IndiGo, Cyient Ltd, Policy Bazaar, Nazara Technologies, and Jyothy Labs. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today