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
Manas Jaiswal of manasjaiswal.com advises selling Tata Motors with a target of Rs 475 and Arvind with a target of Rs 270.
Sudarshan Sukhani of s2analytics.com is of the view that Arvind can head lower.
AK Prabhakar, Independent Advisor advises buying Arvind for a target price of Rs 340 and Sobha Developer for a target price of Rs 488.
Mithil Pradhan of Violet Arc Global Managers is of the view that one can buy Arvind at around Rs 280.
Kunal Saraogi, CEO at Equityrush recommends buying Bank of Baroda and Arvind.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends buying Arvind 330 Call.
VK Sharma of HDFC Securities is of the view that one can buy Arvind 165 Call.
Sanju Verma, CEO at Violet Arc Global Managers is of the view that Arvind is a long term play.
Ajay Bagga, Executive Chairman at OPC Asset Solutions is of the view that one can buy Arvind.
Hemant Thukral of Aditya Birla Money us if the view that one can buy Titan Company and Arvind on correction.
Hemen Kapadia of KR Choksey Securities advises selling Arvind with a target of Rs 247 and buying Hindustan Petroleum Corporation (HPCL) with a target of Rs 475.
Chandan Taparia of Anand Rathi recommends bull spread in Arvind wherein one can buy 255 Call and sell 270 Call.
Hemant Thukral of Aditya Birla Money is of the view that one can buy Arvind on dips.
According to Mithil Pradhan of Violet Arc Global Managers, Arvind may test Rs 262-272.
It is only in the first nine months of 2013 that they did something in terms of sales- Rs 100 crore but the profit after tax (PAT) is nearly Rs 3 crore. However, in the last five years- 2009 to 2012- the total sales was only Rs 4 crore.
Dharmesh Kant of Indianivesh Securities recommends buying YES Bank with a stoploss at Rs 336 and Granules India for a target of Rs 310.
Dharmesh Kant, Indianivesh Securities advises buying Arvind for a target price of Rs 165 and Federal Bank for a target price of Rs 90.
Akshata Deshmukh, Networth Capital advises buying Jain Irrigation for a target price of Rs 62.25 and Dena Bank for a target price of Rs 55.90.
VK Sharma of HDFC Securities recommends buying Arvind 160 Call at around Rs 4.
Kunal Saraogi, Equityrush advises buying JSW Energy for a target price of Rs 53 and BPCL for a target price of Rs 390.
SP Tulsian of sptulsian.com is of the view that Arvind may not move beyond Rs 160.
Jitendra Panda, MD & CEO at Peerless Securities is of the view that Arvind may test Rs 160 in the March series.
Ashish Chaturmohta of Fortune Equity Broker is of the view that one may go long in Arvind. He expects the stock to target Rs 162 in next three to four trading sessions.
Paras Bothra of Ashika Stock Broking recommends buying Wockhardt with a target of Rs 490 and KEC International with a target price of Rs 65.
Lancelot D Cunha, ITI Wealth Management advises buying TV Today for a target price of Rs 124 and Amara Raja Batteries for a target price of Rs 389.