Buy Jaiprakash Associates for target of Rs 149: Nirmal Bang

MUMBAI: Nirmal Bang Securities has recommended investors to buy shares of Jaiprakash Associates for a target of Rs 149.

“The stock looks a great buy with stop loss of 143 for a target of 149. If the stock holds above 149 then next target could be 155-165 in the near term,” said the brokerage.

Shares of the company were trading at Rs 146, higher by 0.24 per cent on the NSE.