Mumbai: IIFL Securities on Friday recommended stock market investors to buy shares of Navkar Corp, ONGC, Samvardhana Motherson International, IndiGo and Zydus Lifesciences. The brokerage firm suggested share price target and Stop Loss for all the mentioned stocks.
Navkar Corporation share price target
Giving a Buy rating Navkar Corporation, IIFL Securities advised interested investors to pump in money to buy the shares at Rs 147 with a target price of Rs 154 and Rs 160. The counter should be safeguarded with a Stop Loss of Rs 140, it recommended. The Navkar Corp share price closed at Rs 147.10 on NSE on July 25, 2024.
ONGC share price target
IIFL Securities recommended buying ONGC shares at Rs 335 apiece. The firm projected the PSU stock to jump to the levels of Rs 343 and Rs 350. It advised the shareholders to maintain the Stop Loss at Rs 327. ONGC share price closed on NSE at Rs 335 on 25th July.
Motherson share price target
Maintaining a Buy call on Motherson, IIFL Securities said the stock can be bought at Rs 191 per equity share as it has the potential to appreciate to the levels of Rs 199-208. It recommended the Stop Loss to be positioned at Rs 182. Motherson share price closed on NSE at Rs 191.29 on July 25.
IndiGo share price target
Buy IndiGo shares at Rs 4,448, the brokerage recommendations stated. The share price of the low cost airline is expected to rise to the levels of Rs 4,540-4630. The Stop Loss should be maintained at Rs 4,340, it said. IndiGo share price ended on NSE at Rs 4,447.95 on NSE on July 25.
Zydus Life share price target
IIFL Securities recommended market enthusiasts to pump in their money to buy shares of Zydus Life at Rs 1,204 apiece with a target price of Rs 1240-1270. The Stop Loss for the pharma stock should be maintained at Rs 1,170, it said. Zydus Life share price ended on NSE at Rs 1,206.50 on NSE on July 25.
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Stocks to Buy: IIFL Securities maintained a Buy rating on Navkar Corportaion, ONGC, Samvardhana Motherson International, IndiGo and Zydus Lifesciences. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
