Mumbai: India Infoline recommended buying shares of Inox India, Godrej Properties, Ashok Buildcon and Mahindra & Mahindra Financial Services. The brokerage firm shared target price and Stop Loss for the mentioned stocks. The Election Commission will be declaring the Lok Sabha Election 2024 Result today.
Inox India share price target
Giving a Buy call on Inox India, IIFL suggested market enthusiasts to purchase Inox India Shares at Rs 1,325 apiece. The brokerage firm advised the investors to set the target price at Rs 1,378 and Rs 1,430 with a Stop Loss of Rs 1,272. Inox India share price closed at Rs 1,327.60 on NSE on June 3, 2024. Inox India has rallied around 40 per cent in the last 1 year.
Godrej Properties share price
IIFL suggested buying Godrej Properties shares at Rs 2,965 per equity share. The brokerage firm advised shareholders to maintain target price at Rs 3,050 and Rs 3,135. He said the Stop Loss can be maintained at Rs 2,880. Godrej Properties share price ended at Rs 2,973 on 3rd June. Godrej Properties has turned out to be a multibagger stock as it has given around 110 per cent profits in the last one year.
Stock to Buy: Ashoka Buildcon
The firm suggested buying Ashoka Buildcon stocks at a price of Rs 195 per equity share. It suggested the shareholders to keep a target price of Rs 205 and Rs 212. The Stop Loss should be maintained at Rs 185. The stock ended at Rs 195.25 on June 3. Ashoka Buildcon stock increased around 38 per cent in the last one year.
Buy Call on Mahindra & Mahindra Financial Services
Giving a Buy rating on Mahindra & Mahindra Financial Services shares, IIFL said the stock has the potential to appreciate to Rs 287 and Rs 300. It advised to buy the M&MFin stock at Rs 273 and maintain Stop Loss at Rs 260. The stock ended on NSE at Rs 272.70 on June 3, 2024. Mahindra & Mahindra Financial Services stock has been on the lower side in the past 1 year.
(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 today: Buy shares of Inox India, Godrej Properties, Ashok Buildcon and Mahindra & Mahindra Financial Services, India Infoline recommended on Tuesday. Notably, Lok Sabha Election 2o24 Results are being declared on Tuesday. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
