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
Rajesh Agarwal of Eastern Financiers advised buying Natco Pharma with a target price of Rs 635 and Dhanlaxmi Bank with a target price of Rs 31.
Rajesh Agarwal of Eastern Financiers advised buying Amara Raja Batteries with a target price of Rs 267 and Dredging Corporation with a target price of Rs 274.
Rajesh Agarwal of Eastern Financiers advised buying Dredging Corporation with a target price of Rs 255 and Amara Raja Batteries with a target price of Rs 250.
SP Tulsian of sptulsian.com is of the view that one should stay away from Exide Industries as the stock doesn't have good upside from current levels.
SP Tulsian of sptulsian.com is of the view that one should enter in Amara Raja Batteries at around Rs 245-250. The stock can go upto Rs 280-285.
Rajen Shah, CIO of Angel Broking is of the view that one can prefer Exide Industries over Amara Raja Batteries. Exide is a debt free company and they could exit the insurance business which they bought for about Rs 550-600 crore from ING Vysya Life Insurance, he adds.
According to Sudarshan Sukhani of s2analytics.com Amara Raja Batteries is still a buying opportunity. “I do not think you can do day trading in Amara Raja,â€he added.
Prakash Diwan, Chief Portfolio Strategist of Prakash Diwan's Wealth Circle, ECR is of the view that Amara Raja Batteries can touch Rs 315-318, which would be a good target to start exiting.
Prakash Diwan of Prakash Diwan's Wealth Circle recommended buy rating on Indian Hotels, IOC and Amara Raja Batteries. However, he advised to short Allahabad Bank.
SP Tulsian of sptulsian.com advises to buy Amara Raja Batteries and sell Titan Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Amara Raja Batteries.
Mehraboon Irani of Nirmal Bang Securities feels the valuation gap between the two - Exide and Amara Raja - should come down further.
Sudarshan Sukhani, s2analytics.com is of the view that buy Adani Ports & SEZ on correction.
Amara Raja Batteries can test Rs 310, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani, s2analytics.com is of the view that one can hold Exide Industries at current level but whenever it see rally exit from the stock. “A switch to Amara Raja Batteries would be a very sensible decision,†he adds.
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.
See 14-15% upside in Amara Raja Batteries, says Ajay Bodke of Prabhudas Lilladher. Fundamentally analysts are expecting revenue growth of around 21 percent in the current financial year followed by around 15 percent in FY13-14.
Ajay Bodke of Prabhudas Lilladher says on ground implementation of reforms and the pace and extent of rate cuts, which the RBI could unveil post January, are the key events to watch, in addition to the contingence of the risk-on trade.
In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management 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 advice traders to enter in Amara Raja around Rs 245-250.
Sudarshan Sukhani of s2analytics.com advice traders to buy Amara Raja Batt at current levels.
SP Tulsian of sptulsian.com is not very satisfied with the performance of the aluminium segment of Hindalco. According to him, its copper division has done better and the overall performance of NALCO, Sterlite and the consolidated operations of BALCO has been poor, resulting in a poor aluminium segment performance.
Sudarshan Sukhani, S2analytics.com is of the view that one can prefer Exide Industries to Amara Raja.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Fort Share Broking shares trading strategy of the day.