HDFC Securities picks 5 stocks for up to 3 months; know share price targets and stop losses
HDFC Securities Stock Picks: The share market looks in a healthy state. Nifty 50 touched a record high on Wednesday (June 12, 2024) while BSE Sensex also crossed the 77,000 mark. Last seen, BSE Sensex was trading 0.60 per cent up, or 460.54 points, at 76,917.13, while Nifty 50 was trading up by 0.69 per cent, or 160.05 points, at 23,424.90. Ahead of market opening on Wednesday, brokerage HDFC Securities picked Zensar Technologies, Gujarat Narmada Valley, Aarti Industries, IFCI Ltd, and Cholamandalam Finance. It has given targets for these stocks for up to three months. Know brokerage ratings, target prices, and stop losses for these stocks.
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HDFC Securities on Zensar Technologies (CMP Rs 699.80)
HDFC Securities has picked Zensar Technologies for a target of three months. It has given a 'buy' rating on the company with a target price of Rs 795, a 13.60% potential upside. The stop loss for the share is Rs 635.
HDFC Securities on Gujarat Narmada Valley Fertilizers & Chemicals (CMP Rs 686.05)
The brokerage has picked the stock for a duration of 10 days. It has given a 'buy' call on the firm with a target price of Rs 725, a potential upside of 5.68 per cent, and a stop loss at Rs 655.
HDFC Securities on Aarti Industries (CMP Rs 664.40)
The brokerage has given two-month horizon to the company. It has given a 'buy' call on the firm with a target price of 760, a potential upside of 14.39 per cent, and a stop loss at Rs 615.
HDFC Securities on IFCI Ltd (CMP Rs 64.72)
The brokerage has three-month horizon for the stock. It has given a Rs 72 target for the stock, a potential upside of 11.25 per cent, and a stop loss at Rs 54.
HDFC Securities on National Fertilizer Ltd (CMP Rs 113.21)
HDFC Securities has a 10-day horizon for the stock. It has given a share price target of Rs 117, a 3.35 per cent potential upside, and a stop loss at Rs 103.