New Delhi: ICICI Securities has released a list of four stocks which are expected to give good returns in the next three months. The stocks that are expected to record a surge in share price include – Life Insurance Corporation of India (LIC), State Bank of India (SBI), Reliance Industries and GAIL. The brokerage firm shared the target price and Stop Loss for the mentioned scrips.
LIC share price target
ICICI Securities is bullish on LIC share price. The brokerage firm recommended buying LIC shares at a range of Rs 1,015-1,033 with a target price of Rs 1,175. It advised the shareholders to maintain the Stop Loss at Rs 948. LIC share price closed at Rs 992 on NSE on June 28, 2024.
SBI share price target
Giving a Buy call on SBI shares, the brokerage firm suggested the stock market enthusiasts to buy the stock of country’s largest public sector bank in the range of Rs 825-845. The firm said the SBI share price is expected to jump to Rs 945 in the next three months. It recommended the Stop Loss to be maintained at Rs 788. The SBI share price ended at Rs 848.80 on NSE on 28th June.
RIL share price target
ICICI Securities is bullish on Mukesh Ambani–led Reliance Industries. The firm said that RIL share price is expected to appreciate in the next three months. Giving a target price of Rs 3,270, it advised the investors to buy the RIL shares in the range of Rs 2,920-2,958. The Stop Loss should be maintained at Rs 2,730. The RIL share price ended at Rs 3,128.25 on NSE on June 28.
GAIL share price target
Backing the PSU stock, the brokerage firm advised the stock market investors to purchase the GAIL shares in the range of Rs 206-213. It expects GAIL stock to jump to the level of Rs 240 in the next three months. It advised the shareholders to maintain the Stop Loss at Rs 196. The GAIL share price ended at Rs 219.89 on NSE on June 28.
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ICICI Securities suggested stock market investors to buy shares of Life Insurance Corporation of India (LIC), State Bank of India (SBI), Reliance Industries (RIL) and GAIL. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
