Midcap stocks to BUY: KIMS, Bharti Hexacom and 2 more | IIFL Securities recommends

New Delhi: IIFL Securities gave a BUY call on four midcap stocks, namely, KIMS, Bharti Hexacom, Rategain, and MCX. The brokerage recommendations have been made against the backdrop of a positive performance by the BSE Sensex and NSE Nifty indices at the start of Samvat 2081 during Muhurat Special Trading on Friday, November 1, 2024.

The Sensex rose 635 points to 80,024, while the Nifty gained 97 points to 24,303 in the special Muhurat trading session on Friday, which started at 6 pm. Investors and traders can modify trades until 7:10 pm on Muhurat Trading Day. The Sensex on Friday closed 335.06 points higher at 79,724.12, while the Nifty rose 99.00 points to close at 24,304.35 in a positive start to Samvat 2081.

KIMS share price target

IIFL Securities gave a share price target of Rs 600 apiece for KIMS indicating a 15 per cent return potential on the stock’s value. KIMS’ share price was up 5.70 per cent in the past 5 days. It rose 0.18 per cent in the past month. It climbed 36.78 per cent in the past 6 months. The company’s share price rose 44.68 per cent in the past year.

Bharti Hexacom share price target

IIFL Securities gave a BUY call on Bharti Hexacom with a share price target of Rs 1,676 apiece with a 19 per cent return potential. Bharti Hexacom’s share price was down 2.88 per cent in the past 5 days. It rose 2.39 per cent in the past month, and 61.60 per cent in the past 6 months. Bharti Hexacom’s share price rose 74.61 per cent over the past year.

Rategain share price target

IIFL Securities gave Rategain’s share price target at Rs 868 apiece with a 22 per cent return potential. The company’s stock value was up 8.45 per cent in the past 5 days, and 4.13 per cent over the past month. The company’s share price rose over 12 per cent in the past 6 months and 22.99 per cent in the past year.

MCX share price target

MCX’s share price target is Rs 7,560 apiece, according to IIFL Securities which has given a BUY call on the company’s stocks with a 17 per cent return potential. MCX’ share price rose 0.47 per cent in the past 5 days, and 11.95 per cent in the past month. The company’s share price was up over 58 per cent in the past 6 months and 171 per cent in the past year.

(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.)

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