New Delhi: IIFL Securities on Tuesday recommended stock market investors to buy shares of IRCTC, Jindal Saw, Zuari Industries, Nippon Life India Asset Management (Nam India), and Gujarat Mineral Development Corporation (GMDC). The brokerage firm shared the target price and Stop Loss for all the mentioned stocks.
IRCTC share price target
IRCTC shares can be purchased at Rs 1,046 apiece, IIFL Securities recommended. The brokerage said that the Railway stock has the potential to rise and reach the target price of Rs 1,077 and Rs 1,105. The counter can be safeguarded by maintaining a Stop Loss of Rs 1,015, it added. IRCTC share price closed at Rs 1,045.20 on July 8, 2024.
Jindal Saw share price target
Giving a Buy rating on Jindal Saw, IIFL Securities suggested the stock to be bought at Rs 570 with a target price of Rs 593 and Rs 615. The Stop Loss can be positioned at Rs 547, the brokerage advised. Jindal Saw share price closed at Rs 569 on July 8, 2024.
Zuari Industries share price
Zuari Industries share price is estimated to increase. The brokerage firm suggested the investors pump in their money in buying the stock at Rs 233 per equity share, with a target price of Rs 245 and Rs 254. It advised the shareholders to maintain the Stop Loss at Rs 222. Zuari Industries share price ended at Rs 412.20 on July 8, 2024.
Nam India share price target
Maintaining a Buy call on Nippon Life India Asset Management (NAM India), IIFL Securities advised investors to buy the stock at Rs 668 per equity share with a target price of Rs 702 and 735, safeguarded with a Stop Loss of Rs 635. NAM India share price closed at Rs 667.50 per equity share on 8th July.
GMDC share price target
Buy Gujarat Mineral Development Corporation (GMDC) shares at Rs 422 apiece with a target price of Rs 440 and Rs 455. The Stop Loss should be maintained at Rs 405. GMDC share price closed at Rs 423.25 per equity share on July 8.
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Stocks to Buy: IIFL advised the stock market investors pump in money in buying shares of IRCTC, Jindal Saw, Zuari Industries, Nippon Life India Asset Management (Nam India), and Gujarat Mineral Development Corporation (GMDC). Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
