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
Rajat Bose of rajatkbose.com is of the view that one can buy Balrampur Chini and Hero Motocorp.
Ashu Madan of Religare Securities is of the view that one may hold Balrampur Chini Mills.
Rajat Bose of rajatkbose.com is of the view that below Rs 80, Sintex Industries may test Rs 65.
Niraj Dalal, Independent Market Expert likes Balrampur Chini and EID Parry from the sugar space.
Rajat Bose of rajatkbose.com is of the view that one can buy Bharti Infratel and feels that Balrampur Chini may hit Rs 77.80.
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.
According to Sudarshan Sukhani of s2analytics.com, one may buy sugar stocks on dips.
Parag Thakkar of HDFC Securities is bullish on Balrampur Chini Mills and EID Parry.
Manas Jaiswal of manasjaiswal.com advises buying HCL Info with a target of Rs 61.
Krish Subramanyam of Altamount Capital advises buying MTNL with a target of Rs 19.90.
Parag Thakkar of HDFC Securities is of the view that Suzlon Energy is a long term bet.
Independent Market Expert, Ambareesh Baliga is of the view that Bajaj Hindusthan is the best bet followed by Balrampur Chini Mills and Shree Renuka Sugar in the sugar space.
Prakash Diwan of Altamount Capital Management recommends buying Balrampur Chini Mills with a target of Rs 47.90 and Suprajit Engineering with a target of Rs 53.50.
Dharmesh Kant of Indianivesh Securities suggests buying Arvind for a target price of Rs 145 and Federal Bank for a target price of Rs 90.
Shardul Kulkarni of Angel Broking recommends buying Balrampur Chini on declines as the stock may move towards Rs 55.
Mayuresh Joshi of Angel Broking recommends holding on to Balrampur Chini as the stock may touch levels of Rs 65-70 in the next two years.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one may buy and hold frontline sugar stocks like Balrampur Chini and Shree Renuka Sugars for atleast next two-three quarters.
According to Nooresh Merani of AMSEC, Balrampur Chini Mills may touch Rs 70-75 in the medium term.
Jigar Shah of Kim Eng Sec is of the view that one may stay away from sugar sector.
Shardul Kulkarni of Angel Broking recommends buying Balrampur Chini at around Rs 48-49 with a target of Rs 65 and a stoploss at Rs 44.
According to Prakash Diwan of Altamount Capital Management, one may go long on Tech Mahindra with a target of Rs 1325 and Canara Bank with a target of Rs 234.
Vishal Malkan of malkansview.com recommends buying Tech Mahindra with a target price of Rs 1325 and Shree Renuka Sugars with a target price of Rs 20.50.
Sudarshan Sukhani of s2analytics.com feels that one may see 10-15 percent rally Balrampur Chini Mills.
Sudarshan Sukhani of s2analytics.com is of the opinion that Balrampur Chini may touch Rs 46-47.