New Delhi: IIFL Securities on Friday recommended stock market enthusiasts to invest in shares of Jindal Steel, NTPC, Grasim Industries, Aurobindo Pharma and Kotak Mahindra Bank. The brokerage gave the share price target and Stop Loss for the mentioned stocks.
Jindal Steel share price target
IIFL Securities recommended investors to buy shares of Jindal Steel at Rs 1005 apiece with a target price of Rs 1045-1075. The Stop Loss should be set at Rs 965, it advised.
NTPC share price target
Giving a Buy rating on NTPC, the brokerage recommended the PSU stock to be purchased at Rs 405 per equity share. It projected NTPC shares to rise to the levels of Rs 422-430. The shareholders should maintain the Stop Loss at Rs 388.
Grasim Industries share price target
Maintaining a Buy call on Grasim Industries, the brokerage said the counter can be bought at Rs 2758 per equity share with a target price of Rs 2855-2925. The stock should be safeguarded with a Stop Loss of Rs 2662.
Aurobindo Pharma share price target
Buy Aurobindo Pharma shares at Rs 1562 apiece as the stock has the potential to appreciate and touch the target levels of Rs 1610-1645. The Stop Loss should be maintained at Rs 1515, the brokerage advised.
Kotak Mahindra Bank share price target
Anticipating Kotak Mahindra Bank share price to increase, IIFL Securities gave a positive rating on the banking stock. Buy Kotak Bank at Rs 1828 per equity share with a target price of Rs 1895-1945. The brokerage advised the shareholders to set the Stop Loss at Rs 1762.
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Stocks to Buy today: IIFL Securities gave a Buy rating on Jindal Steel, NTPC, Grasim Industries, Aurobindo Pharma and Kotak Mahindra Bank Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
