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
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
Kunal Saraogi of Equityrush is of the view that one may buy Ashoka Buildcon with a target of Rs 216.
Mitessh Thakkar of miteshthacker.com suggests buying Karnataka Bank, Maruti Suzuki and Ashoka Buildcon while advises selling Infosys and Hero MotoCorp.
Ashwani Gujral of ashwanigujral.com suggests buying Ashoka Buildcon and Petronet LNG and advises selling PNB.
Vishal Malkan of malkansview.com recommends selling Voltas with a target of Rs 375 and Jet Airways with a target of Rs 460.
Mitesh Thacker of miteshthacker.com recommends buying Aurobindo Pharma, Torrent Pharma, Indian Overseas Bank and Ashoka Buildcon and advises selling Jubilant Foodworks.
Pankaj Sharma, Head of Equities at Equirus Securities recommends buying Ashoka Buildcon.
Ashoka Buildcon, says Pankaj Sharma of Equirus Securities, has been at the receiving end of a lot of perceived negative view and the stock deserves to be picked up considering its good business fundamentals.
SP Tulsian of sptulsian.com has a positive view on India Cements and Century Textiles and Industries.
Rajat Bose of rajatkbose.com is of the view that Tech Mahindra may test Rs 447 while Ashoka Buildcon may hit Rs 191.60.
R Sreesankar Head - Institutional Equities at Prabhudas Lilladher likes Ashoka Buildcon and Sadbhav Engineering from the engineering space.
Amisha Vora of Prabhudas Lilladher likes Ashoka Buildcon and Sadbhav Engineering.
Rakesh Bansal of RK Global advises buying Bharti Infratel with a target of Rs 417.
Gaurav Ratnaparkhi of Sharekhan advises buying JK Tyre with a target of Rs 119.
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy IDFC with a target of Rs 56.
Rakesh Bansal, VP at RK Global advises buying Ashoka Buildcon, Interglobe Aviation, Balrampur Chini and Tata Motors DVR.
Gaurav Ratnaparkhi of Sharekhan advises buying PTC India with a target of Rs 68.80.
CA Rudramurthy BV of Vachana Investments advises selling Vedanta with a target of Rs 88.
Rakesh Bansal of VP, RK Global advises buying Tata Motors DVR with a target of Rs 311.
R Sreesankar of Prabhudas Lilladher likes Ashoka Buildcon and feels that JK Lakshmi Cement may test Rs 450.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Axis Bank, Thermax, Opto Circuits, Trident, Supreme Petro, Nucleus Software, Bharat Bijlee, SKS Micro and Ashoka Buildcon.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 173.
Nischal Maheshwari of Edelweiss Securities has a positive view on CCL Products, PI Industries and J Kumar Infraprojects.
Krish Subramanyam of Altamount Capital advises buying Orchid Chemicals with a target of Rs 67.