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 Arvind may test Rs 160.
Manas Jaiswal, technical analyst at manasjaiswal.com has a bullish stance on Arvind and expects the stock to touch Rs 146.50.
Shahina Mukaddam of Varun Capital recommends buying Rolta India for a target of Rs 69.50 and Indian Hotels Company for a target of Rs 62.50.
Shahina Mukaddam of Varun Capital advises buying Exide Industries for a target price of Rs 106.50 and Arvind for a target price of Rs 150.
SP Tulsian of sptulsian.com advises buying Arvind with a target of Rs 146 and selling Tata Steel with a target of Rs 371.
Dharmesh Kant of Indianivesh Securities recommends buying Bata India for a target of Rs 1,050 and Union Bank of India for a target of Rs 120.
Prakash Diwan of Altamount Capital Management advises going long in Suzlon Energy for a target price fo Rs 11.90 and Bharat Forge for a target price of Rs 349.
Dharmesh Kant of Indianivesh Securities recommends buying Alembic Pharmaceuticals with a target of Rs 240 and Arvind for a target of Rs 156.
Dharmesh Kant of Indianivesh Securities advises buying UPL for a target price of Rs 210 and YES Bank for a target price of Rs 330.
Hemant Thukral of Aditya Birla Money is of the view that Arvind may test Rs 160-161 if it stays above Rs 142.
Mehraboon Irani, Principal and Head-Private Client Group Business at Nirmal Bang Securities is of the view that one may see more upside in Arvind.
Vishal Malkan of malkansview.com advises buying Arvind for target of Rs 149 and CESC for target around Rs 455.
Vishal Malkan of malkansview.com advises buying United Spirits for a target price of Rs 2760 and Divis Labs for a target price of Rs 1340.
Meghana Malkan of malkansview.com suggests buying United Spirits with a target of Rs 2710-2730 and Hindustan Petroleum Corporation (HPCL) with a target of Rs 244-248.
Anu Jain of IIFL Private Wealth Management is of the view that Arvind may touch Rs 162-163.
Sharmila Joshi of sharmilajoshi.com advises buying Amara Raja Batteries for a target price of Rs 346 and Jyothy Laboratories for a target price of Rs 199.
Shahina Mukadam of Varun Capital recommends buying Tata Global Beverage for a target of Rs 160 and advises selling Arvind for a target of Rs 145.
Sharmila Joshi of sharmilajoshi.com advises buying LIC Housing Finance for a target price of Rs 215 and Hexaware Technologies for a target price of Rs 144.
Sharmila Joshi of sharmilajoshi.com recommends buying GVK Power & Infrastructure with a target of Rs 9.90 and Arvind with a target of Rs 160.
Sharmila Joshi of sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 41.50 and Wockhardt for a target price of Rs 458.
Sharmila Joshi of sharmilajoshi.com recommends buying Arvind with a day target of Rs 157.50 and Sun Pharma Advanced Research Company with a target of Rs 174.
SP Tulsian of sptulsian.com is of the view that Arvind may move to Rs 160 level in a week. "The company is expected to see an earning per share (EPS) close to Rs 20," he adds.
Nooresh Mirani of Analyse India advises buying Sun Pharma for a target price of Rs 620 and Jyoti Structures for a target price of Rs 35.
Sudarshan Sukhani of s2analytics.com advises buying Arvind.
Gopi Suvanam, Founder at InvestWorks is of the view that Arvind may touch Rs 155.