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
Hemen Kapadia of KR Choksey Securities suggests buying Asian Paints with a target of Rs 505 and Dr Reddys Laboratories with a target of Rs 2493.
Shrikant Chouhan of Kotak Securities suggests buying Zee Entertainment Enterprises with target of Rs 300-310 and selling Bajaj Auto with a target of Rs 1800-1770.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints on correction.
Sudarshan Sukhani of s2analytics.com recommends buying Bank of Baroda (BoB) and Asian Paints.
According to Meghana Malkan of malkansview.com, one may buy Asian Paints with a target of Rs 540 and Divis Laboratories with a target of Rs 1010.
Meghana Malkan of malkansview.com advises buying Asian Paints for a target price of Rs 540 and Divis Labs for a target price of Rs 1010.
SP Tulsian of sptulsian.com recommends going long on Dena Bank for a target of Rs 52 and Reliance Communications (RComm) with a target of Rs 145.
Sudarshan Sukhani of s2analytics.com feels that Hindustan Unilever (HUL) may test Rs 500-525 on the downside.
Manish Sonthalia of Motilal Oswal AMC advises to avoid ITC and Asian Paints at current level.
Mayuresh Joshi of Angel Broking advises to prefer Asian Paints on declines.
SP Tulsian of sptulsian.com feels that Asian Paints may touch Rs 555 in this series itself.
Sudarshan Sukhani of s2analytics.com suggests buying Asian Paints.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints on dips.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints.
According to Rajesh Agarwal, Director - Research at Eastern Financiers Limited, one may prefer ITC over Asian Paints in the FMCG space.
Gopi Suvanam, Founder of InvestWorks advises buying Asian Paints.
Abhijit Paul of Alphative Advisors LLP recommends buying Asian Paints with a target of Rs 500 and ITC with a target of Rs 360.
Shardul Kulkarni of Angel Broking is of the view that one may short Asian Paints as the stock may head lower to Rs 450-455.
Vishal Malkan of malkansview.com recommends buying Bata India with a target of Rs 925 and advises selling Indiabulls Real Estate October futures with a target price of Rs 60.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Asian Paints on correction.
According to SP Tulsian of sptulsian.com, One may have a positive view on Asian Paints.
According to Phani Sekhar, Fund Manager-PMS at Angel Broking, one should not buy Asian Paints at this level.
According to SP Tulsian of sptulsian.com, Asian Paints may test Rs 530 in a month time. "Paint companies are likely to post good numbers in maybe September as well as December quarter," he adds.
Sudarshan Sukhani of s2analytics.com advises exiting from Asian Paints.
According to Shardul Kulkarni of Angel Broking, Asian Paints may correct to Rs 460-465.