Brokerages Top Stock Analysis & Share Price Targets: IEX, Zomato, IGL, IRB Infra, TBO Tek, Havells, LatentView

Brokerages Top Stock Analysis & Share Price Targets: IEX, Zomato, IGL, IRB Infra, TBO Tek, Havells, LatentView

June 24, 2024

The US Dollar Index edged up by 0.06 per cent to 105.88, indicating mixed sentiment in global currency markets and reflecting a cautious economic outlook.

Stocks To Buy

On 24th June, the BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Meanwhile, the NSE Nifty 50 dropped by 99.75 points to 23,401.35, marking a 0.42 percent decrease.

The initial hours of trading indicated a bearish sentiment, driven by broader market concerns amidst global economic uncertainty.

Among the Nifty 50 companies, only 4 stocks advanced while 42 declined, showcasing weak market breadth. The top gainers included Sun Pharma, Wipro, ITC, ICICI Bank, and Apollo Hospitals.

Share Price target & Buy call for important stocks today, according to Brokerages

LatentView Share Price Target

Brokerage Prabhudas Lilladher’s technical pick is LatentView share for 60 days. The brokerage gave target price at Rs 600 and the stop loss at Rs 490. 

IEX Share Price Target

Axis Direct has given buy rating IEX shares for 30 days with the target price of Rs 200 and a stop loss of Rs 173.

IGL Share Price Target

Morgan Stanley has given an overweight rating on IGL shares with a target price of Rs 575 per share

Zomato Share Price Target

Morgan Stanley maintained an overweight rating on Zomato with a share price target of Rs 235 per share.

IRB Infrastructure Share Price Target

Axis Direct has recommended buying IRB Infrastructure for 30 days. A target of Rs 72 and a stop loss of Rs 62 has been given by the brokerage.

IGL Share Price Target

Morgan Stanley has maintained an overweight on IGL with a target of Rs 575 per share.

Zomato Share Price Target

Morgan Stanley has retained an overweight rating on Zomato with a target of Rs 235 per share.

TBO Tek Share Price Target

Goldman Sachs has given a buy call. The brokerage has placed the target to Rs 1,970. 

Havells Share Price Target

Jefferies has maintained a hold call on Havells with a target price of Rs 1,800. 

(With inputs from ANI)

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)