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
Here are brokerages views on 6 stocks. CLSA has a buy call with target at Rs 200 per share. It estimates a 50 percent rise in regulated equity over FY16-19. Stock is inexpensive as trading below its long-term price to equity & price to book multiples.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shares his views on quarterly earnings of companies like Tube Investments, Pricol and Rico Auto among others. He also explains impact of goods and services tax (GST) on certain stocks.
According to Sudarshan Sukhani of s2analytics.com, one can buy Asian Paints and Aditya Birla Nuvo and sell Syndicate Bank.
Chandan Taparia of Anand Rathi Securities recommends buying Asian Paints, Jet Airways and Power Grid.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints and JSW Steel and sell IRB Infra.
HCL Technologies posted good Q1 (FY17) numbers. SP Tulsian of sptulsian.com said that although positive bias can be seen building up for guidance, one shouldn't take a call on a company on its quarterly performance. From technology pack, he prefers Infosys followed by HCL Technologies.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
Anu Jain of IIFL Private Wealth Management recommends holding Eicher Motors and Asian Paints.
Mehraboon Irani of Nirmal Bang Securities is of the view that one can add Asian Paints to the portfolio.
Prakash Gaba of prakashgaba.com is of the view that Ajanta Pharma can climb to around Rs 1800 and Biocon can climb to Rs 850.
SP Tulsian in an interview to CNBC-TV18 spoke about the rationale behind buying Shalimar Paints over Asian Paints or Berger Paints, and also why can look at booking profits in Ujjivan Financial at current levels.
In an interview to CNBC-TV18's Ekta Batra and Prashant Nair, Sachin Shah of Emkay Investment Managers shares his readings and outlook on the fundamental side of the market, specific stocks and sectors.
Sandeep Wagle of powermywealth.com recommends buying Jet Airways, Asian Paints and United Breweries.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel, Maruti Suzuki and HCL Tech.
In an interview to CNBC-TV18, Manoj Murlidharan of Religare Securities shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Mayuresh Joshi of Angel Broking is of the view that one can hold Asian Paints.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on various stocks and sectors.
Chandan Taparia of Anand Rathi Securities recommends buying Asian Paints, HCL Tech and Motherson Sumi Systems.
According to Rahul Mohindar of viratechindia.com, one can buy Voltas for target of Rs 355.
Sumeet Jain of Destimoney Sec is of the view that onem ay buy Jubilant Foodworks with a target of Rs 1225.
Chandan Taparia of Anand Rathi Securities recommends buying UPL, Asian Paints and BEML and sell Kaveri Seed Company.
Sacchitanand Uttekar of Motilal Oswal Financial Services has a bullish view on Asian Paints, Havells India and Tata Motors.
According to VK Sharma, Head Private Broking & Wealth Management at HDFC Securities, one can buy Asian Paints 1060 Call and Maruti Suzuki 4400 Put.
Sudarshan Sukhani of s2analytics.com recommends selling Bharat Forge and advises buying Asian Paints.
Digesh Shah of Veracity Fin is of the view that one may buy Hexaware Technologies with a target of Rs 231.