Stocks to Buy today: Godrej Agro, HAL, Zomato, Hero Motocorp

Stocks to invest in: IIFL suggested investors to purchase shares of Godrej Agrovet, Hindustan Aeronautics Limited (HAL), Zomato, and Hero Motocorp.

Biplob Ghosal Updated On: 09 May 2024 08:42:AM

Stocks to Buy today: Godrej Agro, HAL, Zomato, Hero Motocorp

Stocks to Buy recommendations from IIFL (Pic: News9live)

New Delhi: India Infoline Limited (IIFL) on Thursday recommended buying shares of Godrej Agrovet, Hindustan Aeronautics Limited (HAL), Zomato and Hero Motocorp. The brokerage form suggested target price and Stop Loss for all four the stocks.

Godrej Agrovet share price target

IIFL suggested the stock market investors to purchase Godrej Agro
Shares at a price of Rs 585 apiece with a target price of Rs 608 and Rs 630. The Stop Loss should be maintained at Rs 585, the brokerage firm advised. Godrej Agrovet share price closed at Rs 581 on May 8, 2024.

HAL share price target

Investors looking for profits in PSUs can pump in their money for purchasing Hindustan Aeronautics Limited (HAL) shares. The firm recommended that HAL stocks can be bought at Rs 3,857, while the Stop Loss can be maintained at Rs 3,760. It gave a target price of Rs 3,955 and Rs 4,040. HAL share price closed at Rs 3,861 on May 8, 2024.

Zomato share price target

Zomato, the multibagger stock, has been recommended by IIFL. The Zomato shares can be purchased at Rs 196 with a target price of Rs 204 and Rs 212, while the Stop Loss be kept at Rs 188. Zomato share price closed at Rs 195.50 on 8th May, 2024.

Hero Motocorp share price target

Buy Hero Motocorp shares at a price of Rs 4,614 apiece with a target price of Rs 4,753 and Rs 4,890. The Stop Loss should be maintained at Rs 4,475. Hero Motocorp share price closed at Rs 4,588 on 8th May, 2024.

Hero MotoCorp shares went north on May 8 by over 3 per cent after the automobile company reported a 16.36 per cent rise in consolidated profit after tax in the Q4 2023-24 quarter.

(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.)