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
According to Sudarshan Sukhani of s2analytics.com, one may buy Bata India and Century Textiles and sell Arvind, Jubilant Foodworks and Mahindra & Mahindra Financial Services.
Rajat Bose of rajatkbose.com is of the view that one may sell LIC Housing Finance and Arvind.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys and sell Arvind and Castrol India.
Sandeep Wagle of powermywealth.com recommends selling Arvind and Oriental Bank of Commerce and advises buying SRF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT and Aarti Industries and sell Arvind.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Prakash Gaba of prakashgaba.com is of the view that one can short Arvind and Indian Oil Corporation.
Mitesh Thacker of miteshthacker.com is of the view that one may sell Arvind and Asian Paints.
Morgan Stanley has overweight rating on Bharat Financial with target at Rs 1125 per share. It says share price will rise relative to the industry over the next 30 days. Collection efficiency has been progressively improving.
Prakash Gaba of prakashgaba.com feels that Arvind may test Rs 370.
According to Rajat Bose of rajatkbose.com, one can sell Arvind and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying Maruti Suzuki, ICICI Bank, Arvind, Glenmark Pharma and Tata Communications and advises selling ONGC.
Atul Suri of Trader Rare Enterprises is of the view that one may prefer Arvind, Exide Industries and PI Industries.
Ashwani Gujral of ashwanigujral.com recommends selling Century Textiles and IRB Infra and advises buying UPL.
VK Sharma, Head Private Broking & Wealth Management at HDFC Securities is of the view that one can buy BPCL, HPCL, TVS Motor and India Cements.
Gaurav Bissa of LKP Securities recommends buying Arvind and KPIT Tech and advises selling ACC.
Mitesh Thacker of miteshthacker.com is of the view that one can buy BHEL, Arvind, Maruti Suzuki and Jindal Steel.
Mitesh Thacker of miteshthacker.com recommends buying Kotak Mahindra Bank, Arvind, Greaves Cotton and Muthoot Finance.
Mitesh Thacker of miteshthacker.com recommends selling ACC and Hero Moto and advises buying Arvind, Ashok Leyland and Apollo Hospitals.
CLSA maintains outperform rating on UltraTech Cement and raised target price to Rs 4425 per share from Rs 3900 per share as Q2 results ahead of estimate. It says demand pick-up and better cement pricing are key potential earnings growth drivers.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Granules India and sell Mindtree and Dabur India.
Ashish Kyal of wavesstrategy.com is of the view that one can buy HPCL, Ceat and Arvind.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Arvind, HPCL and Torrent Pharma.
Ashwani Gujral of ashwanigujral.com recommends buying Himatsingka Seide and Ramco Cement.
According to Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities, one can buy Bharat Forge, HCL Tech, Arvind and Canara Bank.