New Delhi: ICICI Direct Research on Friday recommended stock market investors to buy shares of BHEL, NCC, Vedanta and Chambal Fertilisers to earn short term gains. Giving a Buy rating on the mentioned four stocks, the brokerage firm also suggested tart price and Stop Loss for shareholders’ convenience.
BHEL share price target
ICICI Direct Research advised stock market investors to pump in their money to buy shares of BHEL in the range of Rs 297-303 with a target price of Rs 325. The firm recommended the Stop Loss at Rs 288. BHEL share price closed at Rs 310.70 on NSE on July 4, 2024. BHEL shares were trading at Rs 311.25 apiece at 9:23 am on NSE on July 5.
NCC share price target
Giving a Buy rating on NCC share price, the brokerage firm said the scrip has the potential to rise in the coming days. It recommended investors to buy NCC shares in the range of Rs 336-342 with a target price of Rs 364. The brokerage advised the shareholders to maintain the Stop Loss at Rs 329. NCC share price ended at Rs 338.45 on NSE on 4th July. NCC share price was placed at Rs 338 at 9:23 am on NSE on July 5.
Vedanta share price target
Recommending Vedanta, ICICI Direct Research said that the mining stock can be in the portfolio at a price range of Rs 466-473. It asked the shareholders to set target price at Rs 510 and Stop Loss at Rs 430. Vedanta share price ended at Rs 449.50 on NSE on 4th July. Vedanta share price was quoted at Rs 471.20 at 9:22 am on NSE on July 5.
Chambal Fertilisers share price target
Giving a Buy call on Chambal Fertilisers, the brokerage firm suggested the investors to buy the counter in the range of Rs 510-520. It stated that the stock is expected to rise to the level of Rs 556. The scrip should be safeguarded by maintaining the Stop Loss at Rs 498. Chambal Fertilisers share price at 9:21 am stood at Rs 519.75 on NSE on 5th July.
ICICI Direct Research has said that the stocks could achieve the mentioned share target price in the next 10-12 days.
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Stocks to invest in: ICICI Direct Research advised investors to pump in their money to buy shares of BHEL, NCC, Vedanta and Chambal Fertilisers to earn profits. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
