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
Sumit Bilgaiyan of Equity99 feels valuation looks attractive but sentiment still remains uncertain
We expect Nifty to extend its consolidation phase over the next few weeks in the broad range of 11,650-11,200 amidst the stock specific action, says Dharmesh Shah of ICICI Direct.com Research
Sumit Bilgaiyan of Equity99 expects the Nifty to consolidate between last week’s high-low levels
Post-correction, pharmaceutical companies are now available at reasonable valuations making them attractive to long term investors
Global brokerage houses have upgraded a few stocks, highlighting robust Q4 FY18 results. Moneycontrol takes a look at six such stocks which have seen a ratings upgrade
Here is a list of top five stocks which could give up to 15% return in the short term.
Rajesh Agarwal of AUM Capital recommends buying Container Corporation of India with stop loss at Rs 1300 and target at Rs 1357, a buy in EIH with stop loss at Rs 182 and target at Rs 200 and a buy also in Kansai Nerolac Paints with stop loss at Rs 493 and target at Rs 520.
Dharmesh Shah of ICICIdirect.com recommends buying Bajaj Finserv with target at Rs 6095 and stop loss at Rs 5190 and has a buy also on Munjal Showa with target at Rs 269 and Stop loss at Rs 208.
IIFL has published a report on pharmaceutical companies and it specifically analyses US business margins. In an interview to CNBC_TV18, Abhishek Sharma, Vice President and Pharma Analyst at IIFL spoke about the latest happenings in the sector.
Mayuresh Joshi of Angel Broking is of the view that one may hold Alkem Laboratories.
Voltas, Alkem Labs, among others, are being tracked by investors on Thursday.
We have witnessed strong call unwinding and fresh short built up in the index as results index touched 10100 levels and recommend investors to keep a more stock specific approach rather than focusing too much on the index. We also recommend investors to use every rise in the market as shorting opportunity until trading below 10230, said Rohit Singre of Bonanza Portfolio.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
In an interview to CNBC-TV18, Amey Chalke, Research Analyst at HDFC Securities shared his readings and outlook on specific pharmaceutical stocks.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today -- Idea Cellular, Sun Pharma, DRL, Lupin, Aurobindo Pharma , Glenmark, Natco Pharma, Alkem Labs, Ajanta Pharma, Strides Shasun, Biocon, Cipla, Cyient, MMTC and Power Grid.
Nomura has a buy ratings on Dr Reddy‘s, Glenmark, Alkem, Cadila and Jubilant Life. It says Teva‘s 2017 guidanceis lower than what was presented in 2016-2020 prelim outlook and implies a shortfall of USD 1.5-2 billion in EBITDA. Teva expects mid-single digit price erosion in the base US business.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Glenmark Pharma, Alembic Pharma and Alkem Laboratories.
Avinash Gorakshakar, Market Expert suggests buying Alkem Laboratories on every dip.
SP Tulsian of sptulsian.com is of the view that one may Alkem Laboratories and one should book profits in Dr Lal Pathlab.
Runjhun Jain, Senior Research Analyst, Nirmal Bang is bullish on both Dr Lal Pathlabs and Alkem Laboratories.
Dilip Bhat of Prabhudas Lilladher recommends accumulating Reliance Communication at lower levels.