Share India Securities Share: Brokerage firms seem bullish on the shares of Share India Securities Limited, a financial services providing company. Anand Rathi Investment Services has advised buying in this stock in its research report dated January 2, 2025. The shares of the company have fallen by 0.47 percent today on January 6 and the stock closed at Rs 298.10 on BSE. The market cap of the company is Rs 6,457.19 crore. Its 52-week high is Rs 407.99 and 52-week low is Rs 261.
What is the target price?
Shares of Share India Securities are down about 27 per cent from their 52-week high. Broking firm Anand Rathi has given Buy rating to this stock calling it “Pick of the Month” and has set the target price at Rs 340. This means that according to today’s closing price, there is a possibility of a rise of about 14 percent in the company’s shares. Technical Research Analyst at Anand Rathi has advised traders to buy shares in the range of Rs 300-295 with a stop loss of Rs 278.
How has the shares been performing?
Shares of Share India Securities have given strong returns to its investors in the long term. The performance of the company’s shares has been flat in the last one month. However, this stock has risen by about 1838 percent in the last 5 years. In January 2020, the price of one share was only Rs 15.42, which has increased to Rs 298.10 today. This means that investors’ money has increased by more than 19 times during this period.
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