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
Vishal Malkan, Malkansview advises buying Cox & Kings for a target price of Rs 158 and Bata India for a target price of Rs 1120.
Akshata Deshmukh of Networth Capital recommends buying Dena Bank for a target price of Rs 54 and advises selling Bata India for a target of Rs 1,015.
According to Yogesh Radke, head of quantitative research at Edelweiss Securities, one may keep Bata India, Colgate Palmolive, Cummins India and Nestle India in the portfolio.
Dharmesh Kant, Indianivesh Securities advises buying Bank of India for a target price of Rs 190 and Bharat Forge for a target price of Rs 410.
According to Sudarshan Sukhani of s2analytics.com, one may buy Bata India at current levels with a time frame of six months to one year.
Yogesh Mehta of Motilal Oswal Securities recommends buying Bata India with a target of Rs 1000-1010.
Gautam Trivedi, MD & Head of Equities-India at Religare Capital Markets is of the view that one may pick Bata India.
Dharmesh Kant of Indianivesh Securities recommends buying Bata India for a target of Rs 1,050 and Union Bank of India for a target of Rs 120.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India and hold on to it as the stock may continue its upmove.
Prakash Diwan of Altamount Capital Management advises going long in Suzlon Energy for a target price fo Rs 11.90 and Bharat Forge for a target price of Rs 349.
Manav Chopra of Nirmal Bang recommends buying Syndicate Bank and Tata Steel.
Manav Chopra of Nirmal Bang advises buying CESC for a target price of Rs 465 and Buy Bata India for a target price of Rs 975.
Shubham Agarwal, Head - Technical Research at Motilal Oswal Securities is of the view that one may buy Bata India with a target of Rs 1060.
Kunal Bothra of LKP advises selling ICICI Bank with a stop loss at Rs 1065 and buying Opto Circuits with a stop loss of Rs 29.80.
Kunal Bothra of LKP advises selling Bata India for a target price of Rs 938 and HDIL for a target price of Rs 45.50.
Pritesh Mehta of IIFL advises buying Tata Steel with target of Rs 400 and selling Allahabad Bank with target of Rs 86.
Navneet Daga of KR Choksey Securities recommends buying Bata India at current levels as the stock may touch Rs 1140-1150.
Meghana Malkan of malkansview.com recommends buying Hexaware Technologies for a target of Rs 140 and Bata India for a target of Rs 1090.
According to Rakesh Gandhi, Independent Technical Analyst, one may buy Arvind for a target price of Rs 136 and Tata Global Beverage for a target price of Rs 162.
Sudarshan Sukhani of s2analytics.com is of the view that one may go long in Bata India. He feels CESC may head higher and test Rs 455.
AK Prabhakar, Independent Advisor recommends buying Havells India with a target of Rs 800 and Dabur India with a target of Rs 179.
AK Prabhakar, Independent Advisor advises buying Bata India for a target price of Rs 1065 and Sundaram Finance for a target price of Rs 650.
Pritesh Mehta of IIFL recommends buying Bata India with a target of Rs 1080.
Nooresh Merani of Analyse India advises buying Mcleod Russel for a target price of Rs 320 and Bata India for a target price of Rs 1,080.
Shrikant Chouhan of Kotak Securities suggets buying Bata India with a target of Rs 1045-1060 and Zee Entertainment with a target of Rs 300.