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
Kunal Saraogi of Equityrush is of the view that one may buy Sintex Industries with a target of Rs 84.
Ashwani Gujral of ashwanigujral.com recommends buying VIP Industries, Bharat Electronics and Bajaj Finance.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Electronics and sell HDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Petroleum Corporation, Bharat Electronics and Engineers India.
Citi believes Bharat Electronics (BEL) can deliver 15 percent EPS CAGR over FY16-19, given the expected order inflows and guidance announced by management.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Morgan Stanley has downgraded LIC Housing to equal-weight from overweight with target cut to Rs 560 from Rs 700 per share. It says meaningful cut by banks raised risk of higher prepayments pressure for housing finance companies.
Dipan Mehta, Member at BSE & NSE likes BEL, NBCC and Strides Shasun and is bullish on Bharat Financial Inclusion and Bajaj Finance.
Ashwani Gujral of ashwanigujral.com suggests buying HDIL, Bharat Electronics and Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Hindalco Industries, Cadila Healthcare and UltraTech Cement and buy Mindtree and Bharat Electronics.
Jay Thakkar of Sharekhan is of the view that one may buy Tata Global Beverage with a target of Rs 130.50.
Kunal Saraogi of Equityrush recommends buying Indraprastha Gas with a target of Rs 940 and Just Dial with a target of Rs 400.
Ashwani Gujral of ashwanigujral.com recommends buying Indraprastha Gas and Geometric and sell BEL.
According to Ashwani Gujral of ashwanigujral.com, one can buy State Bank of India, Kotak Mahindra Bank and Bharat Electronics.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC and Bharat Electronics and sell HPCL.
Parag Thakkar of HDFC Securities is of the view that one may prefer Bharat Electronics.
Ashwani Gujral of ashwanigujral.com advises buying MRPL, Shilpa Medicare, Bharat Electronics, Engineers India and Syngene International.
In an interview to CNBC-TV18 Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market.
Rakesh Bansal of RK Global is of the view that one may buy Vakrangee with a target of Rs 284.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bharat Forge, BEL, State Bank of India and JSW Steel.
Mitesh Thacker of miteshthacker.com recommends buying Bajaj Finance, ITC, Power Finance Corporation, Bosch and Bharat Electronics.
Morgan Stanley is underweight on SBI with target at Rs 200 per share as five banking subsidiaries reported weak earnings and earnings may be weak in FY17 & FY18. It expects NIM to remain subdued for longer.
Mitesh Thacker of miteshthacker.com recommends buying Bharat Electronics Limited and Tech Mahindra and advises selling Larsen & Toubro.
Macquarie has neutral call on Tech Mahindra but reduced target price to Rs 465 from Rs 502 per share. Pick-up in revenue and margin in arms could help the stock get re-rated.
Ashwani Gujral of ashwanigujral.com recommends selling Torrent Pharma, Godrej Industries and Just Dial and advises buying HDFC and Petronet LNG.