Mumbai: IIFL Securities on December 5, 2024 (Thursday) initiated a Buy rating on Star Health and Allied Insurance Company Ltd, Man Industries (India) Ltd, Macrotech Developers Ltd and Tips Music. The brokerage suggested share price target and Stop Loss for the mentioned stocks.
Star Health share price target
IIFL Securities maintained a Buy rating on Star Health and advised to buy the stock at Rs 491 apiece with a target price of Rs 505 and Rs 515. The Stop Loss should be maintained at Rs 477. The insurance stock closed in positive at Rs 490.10 on December 4.
Buy: 491
Target 1: 505
Target 2: 515
Stop Loss: 477
Man Industries share price
The brokerage advised stock market investors to pump in money to purchase the stock at Rs 336 per equity share with a target price of Rs 353 and 365. The Stop Loss should be positioned at Rs 319, it said. The share Man Inds share price closed with 5 per cent gains at Rs 337.85.
Buy: 336
Target 1: 353
Target 2: 365
Stop Loss: 319
Tips Music share price target
IIFL Securities backed Tips Music share price to appreciate. The brokerage recommended buying the stock at Rs 899 per equity share and projected it to rise to the levels of Rs 933 and 958. It advised the shareholders to safeguard the scrip by setting the Stop Loss at Rs 865.
Buy: 899
Target 1: 933
Target 2: 958
Stop Loss: 865
Lodha share price target
Giving a Buy call on Macrotech Developers, the brokerage said the stock can be bought at Rs 1372 apiece with a target price of Rs 1408 and Rs 1430. The Stop Loss should be maintained at Rs 1337. The Lodha stock closed with 6 per cent gains at Rs 1,375 on December 4.
Buy: 1372
Target 1: 1408
Target 2: 1430
Stop Loss: 1337
Usha Martin share price target
IIFL Securities backed Usha Martin shares to rise to the levels of Rs 420 and Rs 432. The brokerage advised the market enthusiasts to buy the stock at Rs 408 apiece and maintain the Stop Loss at Rs 388. Usha Martin stock closed with nearly 3 per cent gains at Rs 404.45 on Wednesday.
Buy: 408
Target 1: 420
Target 2: 432
Stop Loss: 388
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to Buy today: IIFL Securities on December 5, 2024 projected that share price of Star Health, Man Industries, Macrotech Developers, Tips Music and Usha Martin are expected to rise. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
