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
Sudarshan Sukhani of s2analytics.com recommends buying SBI, Hero Moto, Bajaj Auto, Maruti Suzuki and Lupin.
Rakesh Bansal of RK Global advises buying BEML with a target of Rs 1004.
According to Sudarshan Sukhani of s2analytics.com, one can buy Dr Reddy's Laboratories, Aurobindo Pharma and Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying Motherson Sumi Systems, Voltas and Century Textiles and Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Aurobindo Pharma, State Bank of India and Himatsingka Seide.
Sandeep Wagle of powermywealth.com recommends buying Aurobindo Pharma, Voltas and Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Pidilite Industries and Dr Reddy's Labs.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the fundamental side of the market as well as on specific stocks and sectors.
Bank of America Merill Lynch stays neutral on Wipro due to lack of triggers but thinks valuation will support. It has cut FY17-18 earnings per shat (EPS) by 4-5 percent and lowered target to Rs 540 per share.
Earnings upgrade cycle is key to sustaining valuations that otherwise look slightly stretched at 17-18 times forward earnings, says the Citi note
Credit Suisse says GST is a major negative for alcohol companies as they are kept out of GST and earnings could get hit by 15-20 percent in FY18. It says input cost inflation could hit margin by 150-200 basis points. Input taxes on raw materials may become stranded with no offsets.
Shahina Mukadam, Independent Market Expert feels that Aurobindo Pharma may touch Rs 900.
In an interview to CNBC-TV18's Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Power Finance Corporation, Muthoot Finance and Aurobindo Pharma.
Gautam Chhaochharia, Head-India Research at UBS is overweight on pharma space.
Ashwani Gujral of ashwanigujral.com advises buying Aurobindo Pharma.
Ashish Kyal of wavesstrategy.com is of the view that one can buy Aurobindo Pharma and Pidilite Industries and sell Bharat Forge and Bharti Infratel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pidilite Industries and Oriental Bank of Commerce and sell Union Bank of India.
Ashwani Gujral of ashwanigujral.com expects Aurobindo Pharma to test Rs 800.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he is bullish on pharma stocks for the month of July.
Ashish Kyal of wavesstrategy.com suggests buying United Spirits with a target of Rs 2820.
According to Ashwani Gujral of ashwanigujral.com, one can buy IndusInd Bank, Aban Offshore and Adani Ports and sell Aurobindo Pharma.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks for the day and talked about the listing of Mahanagar Gas on the Indian bourse.
In an interview to CNBC-TV18, Rahul Arora of Nirmal Bang Institutional Equities shared his readings and outlook on specific stocks and sector.
In an interview to CNBC-TV18, Daljeet Singh Kohli of India Nivesh Securites shared his readings and outlook on specific stocks and sector.