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
SP Tulsian, sptulsian.com advises traders to exit from Balrampur Chini on rally.
SP Tulsian, sptulsian.com, says that Sintex has posted numbers in line with the expectation and he has a positive view on the stock. However, he is negative on all UP-based sugar stocks.
Sell BPCL, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com is of the view that one can invest in Dena Bank at around Rs 100. Investor can hold Balrampur Chini; the stock can see good appreciation from current level.
SP Tulsian of sptulsian.com advises traders to buy Balrampur Chini.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his views on stocks across various sectors. He is not much positive on Reliance Industries and DLF. Among the sugar stocks, he believes that Balrampur Chini makes a value buy now.
In an interview to CNBC-TV18, S P Tulsian of sptulsian.com says he expects the Jet Airways- Etihad deal to come through this month.
Sudarshan Sukhani, s2analytics.com is of the view that one should exit South Indian Bank and sugar stocks.
Balrampur Chini Mills has support at Rs 53-54, says SP Tulsian, sptulsian.com.
Shares of state-run miner NMDC fell by 2 percent in early trade on today, after sources said the government may announce a floor price for the NMDC issue in a range of Rs 145 to Rs 150 a share. SP Tulsian, sptulsian.com spoke to CNBC-TV18 regarding the government announcement and why he is unhappy with the decision.
Shares of Uttar Pradesh-based sugar companies got hammered on the bourses today as the state government increased State Advisory Price (SAP) for sugarcane.
SP Tulsian of sptulsian.com, says that PSU banking stocks can see a maximum upside of 5 percent from current levels. Asset quality is a major concern for PSU bank stocks. I have a cautious view on the PSU banking space.
Kunal Bothra of LKP advices traders to avoid buying in Balrampur Chini Mills from a long-term or medium-term perspective, as the stock is expected to fall further towards Rs 47 or more.
Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara Projects‘ consolidated net profit jumped 89.4 percent to Rs 50.2 crore from Rs 26.5 crore in a year ago period.
SP Tulsian of sptulsian.com is not very satisfied with the performance of the aluminium segment of Hindalco. According to him, its copper division has done better and the overall performance of NALCO, Sterlite and the consolidated operations of BALCO has been poor, resulting in a poor aluminium segment performance.
In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy of the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Negative on series; Bet on Balrampur, DB Realty: Tulsian
Balrampur Chini Mills has a potential target of Rs 78. One can buy the stock at any dip, says Shardul Kulkarni, Sr.Technical Analyst of Angel Broking.
Stock analyst SP Tulsian of sptulsian.com explains to CNBC-TV18 that allegations of scam will affect, and at times, force companies to lose focus on their core business activities. Tulsian advises investors to bet on sugar and cement stocks.
SP Tulsian, sptulsian.com advice traders to buy Triveni Engineering, Balrampur Chini or Dalmia Bharat pre- results.
Balrampur Chini Mills can touch Rs 80 in the next six months, says SP Tulsian, sptulsian.com. Last year for September quarter they had net loss of about Rs 40 crore because sugar mills have virtually no contribution from co-gen and distillery operations because they are not left with any molasses or bagasse after June 30 or July 15.
SP Tulsian of sptulsian.com picked Balrampur Chini and Empee Distilleries as multibaggers stocks. He expects these stocks to fetch better returns going ahead.
Shardul Kulkarni, Angel Broking is of the view that Rolta India can go upto Rs 84-85.
SP Tulsian of sptulsian.com, says that both the stocks are good buy on dips. Implementation of digitalisation by 31October in four metros will be a strong point in favour of Dish TV and all cable network as well as the DTH stocks.