Mumbai: IIFL Securities on December 3, 2024 (Tuesday) projected share price of Alembic Ltd, Voltas, NLC India, Natco Pharma Ltd, and E I D-Parry (India) Ltd to rise. The brokerage suggested the share price target and Stop Loss for the mentioned stocks.
Alembic share price target
Buy: 135
Target 1: 145
Target 2: 151
Stop Loss: 129
Alembic shares which settled on December 2 with nearly 3 per cent gains at Rs 135.25 are projected to rise further and reach the target of Rs 145 and Rs 151. IIFL Securities initiated a BUy rating on the stock at Rs 135 apiece. It is advised the Stop Loss to be maintained at Rs 129.
Voltas share price target
Buy: 1721
Target 1: 1790
Target 2: 1840
Stop Loss: 1652
IIFL Securities gave a Buy call on Voltas, saying the Tata Group stock can be purchased at Rs 1721 per equity share with a target price of Rs 1790 and Rs 1840. The Voltas shareholders should set the Stop Loss at Rs 1652. Voltas shares closed with nearly 4 per cent gains at Rs 1722 on December 2.
NLC India share price target
Buy: 264
Target 1: 278
Target 2: 288
Stop Loss: 250
NLC India shares can be bought at Rs 264 apiece as it is projected to appreciate to the levels of Rs 278 and Rs 288. The Stop Loss needs to be positioned at Rs 250. The counter closed in Green at Rs 263.25.
Natco Pharma share price target
Buy: 1415
Target 1: 1470
Target 2: 1510
Stop Loss: 1360
IIFL Securities advised stock market enthusiasts to buy Natco Pharma shares at Rs 1415 apiece as the counter can rise to the levels of Rs 1470 and Rs 1510. The scrip should be safeguarded by positioning the Stop Loss at Rs 1360. Natco Pharma share price closed with over 2.50 per cent gains at Rs 1412.
Eid Parry share price target
Buy: 878
Target 1: 912
Target 2: 935
Stop Loss: 845
EidParry stock closed with around 2.50 per cent gains at Rs 879.30 on Monday. The brokerage firm recommended buying the counter at Rs 878 per equity share. It predicted the stock to rise to the levels of Rs 912 and 935. The Stop Loss should be set at Rs 845.
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Stocks to Buy today: IIFL Securities issued buy recommendations for five stocks: Alembic, Voltas, NLC India, Natco Pharma, and EID Parry. The brokerage firm provided specific price targets and stop-loss levels for each stock, suggesting potential upward movement. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
