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
Jay Thakkar of Sharekhan advises buying Dr Reddy's Laboratories with a target of Rs 4390.
Manas Jaiswal of manasjaiswal.com recommends buying Bosch and Ajanta Pharma.
According to Dharmesh Kant of India Nivesh Securities, one may buy Gateway Distriparks with a target of Rs 390.
Kunal Saraogi of Equityrush is of the view that one may sell ICICI Bank with a target of Rs 284.
Dipan Mehta - member at BSE & NSE maintains overweight position on pharma as well as private sector banks.
Jay Thakkar of Sharekhan suggests buying Indraprastha Gas with a target of Rs 484.
CK Narayan of Growth Avenues is of the view that one can buy Ajanta Pharma and feels that one may look at La Opala, Force Motors and Tata Elxsi.
According to Manas Jaiswal of manasjaiswal.com, Ajanta Pharma may test Rs 1725.
Hemen Kapadia, VP at KR Choksey Securities recommends selling Ajanta Pharma and CESC and advises buying Union Bank of India.
Here's a list of top 10 stocks that are in news today due to fourth quarter earnings, entry into F&O segment and merger deals.
Dipan Mehta, member at BSE & NSE has a cautious view on midcap IT and midcap pharma.
Sudarshan Sukhani of s2analytics.com is of the view that Ajanta Pharma is an active investing idea.
Paras Bothra of Ashika Stock Broking recommends buying Arvind for a target price of Rs 320 and Hexaware Technologies for a target price of Rs 250.
SP Tulsian of sptulsian.com is of the view that one may book profits in Ajanta Pharma.
Pritesh Mehta of IIFL is of the view that one may avoid Aurobindo Pharma.
Sudarshan Sukhani of s2analytics.com recommends buying Ajanta Pharma as the stock may head higher.
SP Tulsian of sptulsian.com said he would definitely be taking the cautious stance on Ajanta Pharma.
Sudarshan Sukhani of s2analytics.com advises to build a position in Ajanta Pharma and then carry it for few days.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian of sptulsian.com shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian, sptulsian.com advises traders to stay away from Ajanta Pharma and Sasken.
Ajanta Pharma has target of Rs 500, says SP Tulsian, sptulsian.com.
Ajanta Pharma has target of Rs 425 in the next 12 months, says PN Vijay, Portfolio Manager.