Posted by Mumbai: India Infoline (IIFL) on April 16, 2024 recommended buying shares of ONGC and Gujarat Gas. The brokerage firm gave a Sell Call on Bata India stock. IIFL shared the target price and Stop Loss of the three mentioned stocks.
Stock to Buy: ONGC – IIFL
India Infoline suggested stock market enthusiasts to purchase ONGC shares at Rs 280. It gave two target price of Rs 292 and 303. The firm maintained the Stop Loss at Rs 268. ONGC shares were trading at Rs 282.90 a piece at 9:28 am on April 16, 2024.
Buy Rating on Gujarat Gas
The brokerage firm advised the market investors to pump in their money to buy Gujarat Gas at Rs 573 with a target price of Rs 592 and Rs 605. The Stop Loss should be maintained at Rs 555, the form recommended. Gujarat Gas shares were trading at at Rs 577.45 a piece at 9:27 am on April 15, 2024.
Sell Bata India shares: IIFL
IIFL recommends selling Bata India shares at Rs 1,340 with a Stop Loss of Rs 1,380. It kept the first target price to sell the stock at Rs 1,300 and second target price at Rs 1,258. Bata India shares were trading at Rs 1,336 a piece at 9:28 am on April 15, 2024.
Stocks Name
Buy/Sell price
Target Price 1
Target Price 2
Stop Loss
ONGC
Rs 280
Rs 292
Rs 303
Rs 268
Gujarat Gas
Rs 573
Rs 592
Rs 605
Rs 555
Bata India
Rs 1,340
Rs 1,300
Rs 1,258
Rs 1,380
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)