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
SP Tulsian of sptulsian.com is of the view that one can look at GATI, Shreyas Shipping and Oricon Enterprises.
Mahantesh Sabarad of SBICAP Securities is of the view that one may look at Allcargo Logistics.
Ajay Bodke of Prabhudas Lilladher feels that Glenmark Pharma may move to Rs 1186.
Sharmila Joshi of Fairwealth Securities advises selling Adani Port with a target of Rs 226.
Pankaj Jain of SW Capital recommends exiting MEP Infrastructure and advises holding Allcargo Logistics.
Shahina Mukadam, Independent Market Expert recommends remaining invested in Allcargo Logistics.
Rajat Bose of rajatkbose.com feels that Eveready Industries may move to Rs 360.
Sudarshan Sukhani of s2analytics.com suggests buying Tube Investment and Allcargo Logistics.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Cummins India, Sadbhav Engineering and Allcargo Logistics.
R Sreesankar, Head - Institutional Equities, Prabhudas Lilladher, says that while every player having offshore IT centre with higher concentration of its employee base in Chennai will invariably be impacted by the recent floods, he remains positive on the sector.
Dharmesh Kant of India Nivesh Securities is of the view that one may buy NCC with a target of Rs 90.
Dilip Bhat of Prabhudas Lilladher recommends accumulating Reliance Communication at lower levels.
Pritesh Mehta of IIFL advises buying Allcargo Logistics, Punjab National Bank and Reliance Infrastructure.
From the bluechip space Dipen Shah of Kotak PCG likes Infosys, ICICI Bank and from the midcaps he likes PNC Infratech, EIL, All Cargo Logistics, Century Plyboard and Supreme Industries.
Mahantesh Sabarad, Deputy VP - Research at SBI Capital Securities is of the view that one may prefer Allcargo Logistics and feels that one may look at Dish TV.
Mahantesh Sabarad, Deputy Head of Research at SBI Capital Securities recommends picking Allcargo Global as the stock may test Rs 361.
Kunal Saraogi of Equityrush recommends buying Allcargo Logistics for a target price of Rs 350 and Jindal SAW for a target price of Rs 104.
Allcargo Logistics may rally to Rs 200, says PN Vijay, Portfolio Manager, www.askpnvijay.com.
Expect 25% returns in Allcargo Global Logistics, says SP Tulsian, sptulsian.com.