PSU stock under Rs 400: Should you BUY this midcap scrip? Here's what brokerages suggest

ZeeBiz WebTeam | Nov 25, 2024, 11:42 AM IST

PSU stock under Rs 400: Benchmark equity indices Sensex and Nifty rallied for the second session on Monday with the BSE benchmark Sensex gaining 1,289.89 points to touch the levels of 80,407 and the NSE Nifty surging 405.25 points to 24,312.50 during the early trade. Amid this, a PSU stock under Rs 400 is in focus. 

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PSU stock under Rs 400: IGL

PSU stock under Rs 400: IGL

PSU stock under Rs 400: The stock in focus here is city gas distribution firm Indraprastha Gas Ltd or IGL as a global brokerage has maintained outperform while the other has maintained overweight. Check details here.

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PSU stock under Rs 400: IGL share price target by Macquarie

PSU stock under Rs 400: IGL share price target by Macquarie

PSU stock under Rs 400: The brokerage has maintained an outperform rating for a target of Rs 400.

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PSU stock under Rs 400: IGL share price target by Morgan Stanley

PSU stock under Rs 400: IGL share price target by Morgan Stanley

PSU stock under Rs 400: While the brokerage firm Morgan Stanley has maintained an overweight rating on the stock, it has cut the target to Rs 373 from Rs 575.

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PSU stock under Rs 400: IGL Share Price

PSU stock under Rs 400: IGL Share Price

PSU stock under Rs 400: The counter started the session at Rs 319.70 on the BSE against the previous close of Rs 312.15. The stock gained further to Rs 324.90. Last seen, it was trading at Rs 324.35.

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PSU stock under Rs 400: IGL Share Price History

PSU stock under Rs 400: IGL Share Price History

PSU stock under Rs 400: The counter has given a negative return of 17 per cent in one year and a negative return of 24 per cent in two years.

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PSU stock under Rs 400: 52-week high and low

PSU stock under Rs 400: 52-week high and low

PSU stock under Rs 400: The 52-week high of the counter is Rs 570.60 and the 52-week low is Rs 306.50.

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PSU stock under Rs 400: Interim Dividend

PSU stock under Rs 400: Interim Dividend

PSU stock under Rs 400: Earlier, the company declared an interim dividend of Rs 5.50 for which ex-date was November 12, 2024. 

 

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PSU stock under Rs 400: Disclaimer

PSU stock under Rs 400: Disclaimer

PSU stock under Rs 400: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.

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