Mumbai: IIFL Securities maintained a buy rating on shares of Quess Corp, Mahindra and Mahindra Financial Services Ltd, Central Depository Services (India) Ltd, Zaggle Prepaid Ocean Services Ltd, Tejas Networks Ltd.
The benchmark indices BSE Sensex and NSE Nifty bounced back on October 18, 2024 as buying was reported in in banking, financials and metal stocks and firm global market trends. The 30-share index Sensex jumped climbed 218.14 points to finish at 81,224.75 while the broader Nifty closed 104.20 points higher at 24,854.05.
Zaggle share price target
Buy: Rs 445
Target price: Rs 467-480
Stop Loss: Rs 423
IIFL Securities suggested buying shares of Zaggle at Rs 445 apiece with a target price of Rs 467-480. The brokerage said the Stop Loss should be maintained at Rs 423.
Tejas Networks share price target
Buy: 1188
Target price: Rs 1236-1270
Stop Loss: Rs 1140
The brokerage maintained a Buy rating on Tejas Networks. The brokerage advised the interested investors to purchase the stock at Rs 1188 as the counter has the potential to rise to the levels of Rs 1236-1270. The Stop Loss should be positioned at Rs 1140.
Quess Corp share price target
Buy: Rs 754
Target price: Rs 785-800
Stop Loss: Rs 724
Quess Corp stock can be purchased at Rs 754 per equity share. IIFL Securities said. It projected the counter to reach the target price of Rs 785-800. The shareholders are advised to set the Stop Loss at Rs 724. The Quess share price ended with 3 per cent gains at Rs 753 per equity share.
M&M Fin share price target
Buy: Rs 291
Target price: Rs 305-315
Stop Loss: Rs 277
IIFL Securities initiated a Buy rating on Mahindra and Mahindra Financial Svcs Ltd, advising the stock market enthusiast to pump in money to buy the stock at rs 291 per equity share. The brokerage gave a target price target of Rs 305-315 while the Stop Loss should be positioned at Rs 277. M&M Fin share finished at Rs 291.10 on October 18.
CDSL share price target
Buy: Rs 1589
Target price: Rs 1628-1660
Stop Loss: Rs 1532
Purchase Central Depository Services (India) Ltd stock at Rs 1589 per equity share with a target price of Rs 1628-1660. The Stop Loss should be positioned at Rs 1532, the brokerage advised the shareholders. CDSL shares ended the day with over 2 per cent gains at Rs 1,579.30 on Friday.
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