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, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Ashok Leyland.
Nomura maintains buy rating on IndusInd Bank with target unchanged at Rs 1400 per share. It expects the company to deliver over 25 percent CAGR earnings over FY16-19.
Jay Thakkar of Sharekhan is of the view that one may buy Bank of Baroda with a target of Rs 158.10.
Prakash Gaba of prakashgaba.com feels that Ashok Leyland can climb to Rs 87.
Kunal Saraogi of Equityrush is of the view that one may buy Bharti Infratel with a target of Rs 360.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ashok Leyland and NCC and sell Kotak Mahindra Bank.
Goldman Sachs retains buy call on Bharti as recent correction offers attractive entry point. It says new offer may help Bharti to gain some subscriber market share. It says Vodafone and idea may come up with similar plans in the near future.
Sharmila Joshi of sharmilajoshi.com is of the view that one may stay invested in Ashok Leyland.
Rajat Bose of rajatkbose.com is of the view that one may hold Ashok Leyland.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Kunal Saraogi of Equityrush is of the view that one may buy NBCC with a target of Rs 265.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Ashok Leyland.
Mitesh Thacker of miteshthacker.com recommends buying Adani Power and Havells India.
In an interview to CNBC-TV18 Deven Choksey, MD at KRChoksey Investment Managers shared his reading and outlook on the market.
According to Mitesh Thacker of miteshthacker.com, one can sell Ashok Leyland, India Cements, Power Grid and Tata Communications and buy Chambal Fertilisers.
Jay Thakkar of Sharekhan is of the view that one may buy BEML with a target of Rs 1001.
Shahina Mukadam, Independent Market Expert suggests exiting Ashok Leyland at higher levels.
Sandeep Wagle of powermywealth.com advises exiting Ashok Leyland at around Rs 84-85.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Vishal Malkan of malkansview.com is of the view that oen may buy Engineers India with a target of Rs 325.
According to Ashwani Gujral of ashwanigujral.com, one can buy Bharat Forge, Mindtree and Tech Mahindra and sell Ashok Leyland and IDFC.
According to Prakash Gaba of prakashgaba.com, Ashok Leyland can climb to Rs 82 while Asian Paints looks weak.
Prakash Gaba of prakashgaba.com recommends buying Ashok Leyland and feels that IDBI Bank may test Rs 73-74.
Mitesh Thacker of miteshthacker.com recommends selling Ashok Leyland and Reliance Capital and advises buying HCC and Bharti Infratel.