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
Gaurav Ratnaparkhi of Sharekhan advises buying Voltas with a target of Rs 341.
Rakesh Bansal of RK Global advises buying HFCL with a target of Rs 21.
Rakesh Bansal of RK Global recommends buying Bharat Electronics, Pidilite Industries, Asian Paints, Granules India and IDFC.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Petronet LNG and sell Exide Industries.
In an interview to CNBC-TV18, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market as well as on specific stocks and sectors.
Ruchit Jain of Angel Broking advises buying Rural Electrification Corporation (REC) with a target of Rs 174.
Gaurang Shah of Geojit BNP Paribas feels that Bharat Electronics may touch Rs 1350.
Jay Thakkar of Sharekhan is of the view that one may buy Bharat Electronics with a target of Rs 1314.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints and Bharat Electronics and advises selling Mindtree.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Max Financial Services and Escorts and sell Tata Motors DVR.
Jefferies has maintained buy rating on the stock, given the operating leverage scope for BEL and the government‘s Make-in-India initiative in defense while indigenisation push slows down could be a risk.
JK Jain of Karvy Stock Broking suggests buying Century Textiles and Bharat Electronics.
Ashwani Gujral of ashwanigujral.com advises buying Arvind and Siemens.
Ashwani Gujral of ashwanigujral.com advises buying Bharat Electronics and Sun Pharma.
Sameet Chavan of Angel Broking advises buying Canara Bank with a target of Rs 208.
Prakash Gaba of prakashgaba.com is of the view that one may go long in YES Bank and suggests selling Tata Consultancy Services.
Ashwani Gujral of ashwanigujral.com suggests buying Supreme Petrochem, Bharat Electronics and Arvind.
Rakesh Bansal of RK Global is of the view that one may buy CESC, BEL and Strides Shasun.
Sharmila Joshi of sharmilajoshi.com is of the view that one may buy Bharat Electronics.
Prakash Gaba of prakashgaba.com advises buying Bharat Electronics.
Prakash Diwan of prakashdiwan.in recommends investing in Bharat Electronics at the current level.
ICICI Securities' Abhijit Mitra says he is more positive on the ferrous space vis-Ã -vis non-ferrous companies like Hindalco.
Sudarshan Sukhani of s2analytics.com recommends buying Power Grid, Tata Communications and advises selling Jubilant Food, BEL and DHFL.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Bharat Electronics as it may test Rs 1350.
Sudarshan Sukhani of s2analytics.com recommends selling PSU banks, United Breweries and Bharat Electronics and advises buying UltraTech Cement.