New Delhi: IIFL Securities on Wednesday, December 18, 2024 advised stock market enthusiasts to purchase shares of Pricol Ltd, Nykaa, United Spirits Ltd, Go Digit General Insurance Ltd and Garden Reach Shipbuilders & Enginers Ltd (GRSE). For the convenience of the interested investors, the brokerage suggested share price target and Stop Loss.
The equity benchmark indices Sensex and Nifty dropped over 1 per cent on 17 December (Tuesday), due to heavy selling and cautious approach of investors ahead of the US Fed interest rate decision. The 30-share Sensex tanked 1,064.12 points to 80,684.45. The broader Nifty plunged 332.25 points to 24,336.
Pricol share price target
The stock can be purchased at Rs 554 per equity share with a target price of Rs 576 and Rs 592. The Stop Loss should be maintained at Rs 532, IIFL Securities said.
Buy: 554
Target 1: 576
Target 2: 592
Stop Loss: 532
Nykaa share price target
The brokerage initiated a Buy rating on Nykaa, advising the market investors to pump in money to buy the shares at Rs 177 apiece. It predicted the counter to rise to the levels of Rs 186 and Rs 193. The Stop Loss should be set at Rs 168.
Buy: 177
Target 1: 186
Target 2: 193
Stop Loss: 168
United Spirits share price target
IIFL Securities shave a Buy rating on United Spirits advising the investors to purchase the shares at Rs 1564 apiece with a target price of Rs 1618 and Rs 1655. The scrip should be safeguarded by maintaining the Stop Loss at Rs 1510.
Buy: 1564
Target 1: 1618
Target 2: 1655
Stop Loss: 1510
GoDigit share price target
The brokerage said the United Spirits stock has the potential to appreciate to the levels of Rs 362 and Rs 373. The stock can be purchased at Rs 348 per equity share. The shareholders are advised to position the Stop Loss at Rs 334.
Buy: 348
Target 1: 362
Target 2: 373
Stop Loss: 334
GRSE share price target
Buy Garden Reach Shipbuilders & Enginers shares at Rs 1755 apiece with a target price of Rs 1810 and Rs 1870. The Stop Loss should be placed at Rs 1693.
Buy: 1755
Target 1: 1810
Target 2: 1870
Stop Loss: 1693
(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 predicted share price of United Spirits Ltd, Go Digit General Insurance, Garden Reach Shipbuilders & Enginers Ltd (GRSE), Pricol Ltd, and Nykaa to appreciate. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
