New Delhi: IIFL Securities recommended stock market investors to pump in their money to buy shares of Tata Elxsi, Bharat Wire Ropes, United Spirits, Paytm and Electrosteel Castings Ltd. Giving the Buy call on the mentioned stocks, the brokerage gave share price target and Stop Loss to guide the investors.
Tata Elxsi share price target
Maintaining a Buy rating on Tata Elxsi, IIFl Securities advised the investors to purchase the stock at Rs 7,839 per equity share with a target price for Rs 8075-8250. It advised the shareholders to maintain the Stop Loss at Rs 7,604. Tata Elxsi shares ended with gains on September 9, 2024 at 7,823.95.
Paytm share price target
IIFL Securities advised buying One 97 Communications Ltd shares at Rs 628 apiece. The brokerage firm projected the Paytm shares to touch the levels of Rs 660-683. The counter should be safeguarded with a Stop Loss of Rs 596. Paytm shares ended in positive territory with 5 per cent gains at Rs 636.55.
Bharat Wire share price target
Giving a Buy rating on Bharat Wire, the brokerage said the stock can be bought at Rs 284 per equity share with a target price of Rs 299-307. The scrip should be safeguarded by positioning the Stop Loss at Rs 267, it advised the shareholders. Bharat Wires share price ended at Rs 283.95 on 9th September.
United Spirits share price target
Backing United Spirits share price to rise, the brokerage advised teh investors to pour money to buy the counter at Rs 1504 per equity share with a share target price of Rs 1562-1598. The Stop Loss should be maintained at Rs 1446. United Spirits shares gained around 2.50 per cent on September 9 to end at Rs 1,499.50.
Electrosteel Castings share price target
IIFL Securities gave a Buy call on Electrosteel Castings. It advised the interested investors to buy the Electcast stock at Rs 222 per equity share. The brokerage projected the counter to appreciate to the levels of Rs 232-234. The Stop Loss should be set at Rs 242, it further advised. Electrosteel Castings share price ended at Rs 221.80 on September 9.
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Stocks to Buy today: IIFL Securities gave a Buy rating on Paytm, Tata Elxsi, Electcast, United Spirits and Bharat Wire. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
