New Delhi: IIFL Securities on Monday recommended stock market investors to buy shares of Tata Communications, Balrampur Chini Mills, Motherson Sumi, Wockhardt and Jindal Saw.
Tata Communications share price
IIFL Securities gave a Buy rating on Tata Communications. Advising investors to buy the scrip at Rs 1,813 apiece with a target price of Rs 1,881. The Stop Loss should be maintained at Rs 1,745.
Balram Chini Mills share price target
The brokerage firm advised investors to buy shares of Balram Chini Mills at Rs 400 per equity share. It advised the shareholders to set target price of Rs 416 and Rs 435 with a Stoop Loss of Rs 384.
Is Jindal Saw a good buy?
IIFL Securities backed Jindal Saw saying that the counter has the potential to give profits. The firm suggested buying Jindal Saw shares at Rs 555 apiece with a target price of Rs 585 and Rs 610, The Stop Loss should be maintained at Rs 525, it added.
Motherson Sumi share price target
Advising investors to buy Motherson Sumi shares at Rs 157 apiece, IIFL Securities said that the counter has the ability to appreciate to the levels of Rs 165 and Rs 173. It suggested a Stop Loss of Rs 149.
Wockhardt Ltd
Wockhardt Ltd shares can be purchased at Rs 572 apiece. The brokerage firm gave a target price of Rs 595 and Rs 618 and advised the shareholders to maintain a Stop Loss of Rs 549.
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