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
Manav Chopra of Networth Stock Broking recommends buying Ashok Leyland for a target of Rs 95.
Hemen Kapadia of KR Choksey Securities is of the view that one may buy Larsen and Toubro (L&T) with a target of Rs 1511.
Manas jaiswal of manasjaiswal.com recommends selling Bharat Forge, Adani Ports and Ashok Leyland.
Shubham Agarwal of Motilal Oswal Securities recommends shorting Ashok Leyland for a target of Rs 82.
Chandan Taparia of Anand Rathi Securities has a positive view on Ashok Leyland and feels that the stock may test Rs 101-104.
Chandan Taparia of Anand Rathi Securities has a positive view on TVS Motor and Ashok Leyland and recommends buying Arvind.
Ashish Kyal of wavesstrategy.com is of the view that one may buy Crompton Greaves with a target of Rs 204.
According to Rajat Bose of rajatkbose.com, Ashok Leyland looks poisitve and may test Rs 125-135 if it crosses Rs 99.
Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland as the stock may breakout.
Shahina Mukadam, Independent Market Expert advises buying Zee Media Corporation with a target of Rs 24.
Chandan Taparia Of Anand Rathi Securities recommends bull spread in Ashok Leyland wherein one can buy 95 Call and sell 100 Call.
Yogesh Mehta of Motilal Oswal Securities recommends buying Ashok Leyland on dips for a target of Rs 100.
Rakesh Bansal of RK Global recommends buying Jindal Saw with a target of Rs 78 and Bharat Forge with a target of Rs 990.
Mayuresh Joshi of Angel Broking is optimistic on Ashok Leyland for a target of Rs 104.
Kunal Bothra of LKP Securities suggests holding Ashok Leyland and Escorts.
Rahul Shah of Motilal Oswal recommends buying Ashok Leyland for a target of Rs 97.
The management's efforts have borne results with market share improving in the north and the west to 25 percent from 15 percent and share in the east rising to 20 percent from 7 percent in two years. Ashok Leyland remains dominant in the south with over 50 percent market share.
Sharmila Joshi of sharmilajoshi.com advises holding Ashok Leyland.
Rahul Shah of Motilal Oswal recommends buying DHFL and Dish TV and Call option of Rs 95 in Ashok Leyland.
Kunal Bothra of LKP Securities is of the view that one may hold Ashok Leyland for long term with a target of Rs 120.
According to Rahul Shah of Motilal Oswal, one can buy Ashok Leyland for a target of Rs 103.
According to Sudarshan Sukhani of s2analytics.com, auto stocks are going to go through consolidation or a slightly rough patch.
Vinay Khattar of Edelweiss Financial Services is of the view that GRUH Finance and Repco Home Finance can be interesting bets.
CA Rudramurthy BV of Vachana Investments advises buying Shipping Corporation with a target of Rs 82.
Vishal Malkan of malkansview.com suggests exiting Bharti Infratel below Rs 340-335.