Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Ashwani Gujral of ashwanigujral.com suggests buying BPCL, Larsen & Toubro, ABB and Adani Enterprises.
Mitessh Thakkar of miteshthacker.com recommends buying Equitas Holdings, Jet Airways, South Indian Bank, ABB India and Alembic Pharmaceuticals.
Deutsche Bank says Bharti Airtel's deal with Millicom to combine operations in Ghana reflected continued progress on African restructuring. Hence, the brokerage house assigned buy rating on the stock, with a target price at Rs 400.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, ABB India, Indiabulls Real Estate, Tata Global Beverage and Motherson Sumi Systems.
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Power, Marico, ABB and Firstsource Solutions and advises selling Oil and Natural Gas Corporation.
Rakesh Bansal of RK Global recommends buying BEML with a target of Rs 1313 and Havells India with a target of Rs 455.
SP Tulsian of sptulsian.com is positive on multinational company (MNC) stocks and is betting on Cummins, GE T&D India, ABB to balance the portfolio.
In an interview to CNBC-TV18‘s Latha Venkatesh, Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his preferred picks in the oil & gas, transmission & distribution, banking and tyre spaces.
Prakash Gaba of prakashgaba.com is of the view that one can buy ABB on dips.
In an interview to CNBC-TV18 Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on the market.
In an interview to CNBC-TV18 Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on the market and also gave recommendations on various stocks.
Macquarie has neutral call on Tech Mahindra but reduced target price to Rs 465 from Rs 502 per share. Pick-up in revenue and margin in arms could help the stock get re-rated.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.com shared his readings and outlook on specific stocks and sectors.
Citi has a buy call on ITC with target increased to Rs 295 from Rs 260 per share as cigarette volumes rebound to 3-4 percent in Q1 YoY. Goldman Sachs also reiterates buy rating with improving volume trend to lead to valuation convergence.
Dipan Mehta Member at BSE & NSE recommends entering Hindalco Industries.
CNBC-TV18's analysts gives stocks to keep on your radar for trade today - stocks expected to be under pressure today are ABB India, IPCA Labs, State Bank of Travancore, Sun Pharma, ITC, Godfrey Phillips and VST Industries while the stocks expected to gain are Indiabulls Housing, Bharti Airtel, Shilcar Tech, Novartis India and Excel Crop Care.
The broking firm highlights the fact that the national Manufacturing Policy of 2011 has not helped arrest the decline in the manufacturing sector‘s share.
Ashwani Gujral of ashwanigujral.com recommends buying ABB and Engineers India and advises selling Hindustan Unilever.
Daljeet Singh Kohli, Head-Research at India Nivesh Securities is positive on ABB India, Siemens and Alstom T&D India.
Rahul Mohindar of viratechindia.com likes Hindalco Industries and feels that one can buy ABB above Rs 1190.
Kunal Bothra of LKP Securities is of the view that one may look at ABB for a target of Rs 1320-1330.
Gaurang Shah of Geojit BNP Paribas Financial Services advises selling BHEL and prefers Siemens and Larsen and Toubro.
According to Rahul Mohindar of viratechindia.com, one can stay invested in ABB with a view of 6 months to a year as the stock may test Rs 1600.
Jai Bala of 1857 Advisors is of the view that BOSCH may hit Rs 28000.