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
Simi Bhaumik of simibhaumik.com recommends buying Bharat Heavy Electricals with a target of Rs 137 and advises selling Mindtree with a target of Rs 700.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy BHEL, Hindalco Industries and Tata Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying BHEL and Larsen & Toubro on declines.
According to Sudarshan Sukhani of s2analytics.com, one can buy BHEL, Aditya Birla Fashions and Siemens.
Manish Hathiramani, Technical Analyst at Deen Dayal Investments recommends buying BHEL and YES Bank.
Rajat Bose of rajatkbose.com is of the view that one may buy BHEL and sell Tata Steel, JSW Steel and Tech Mahindra.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shared his views on his expectations of a revival in capital good sectors and why he is upbeat on BHEL. He also spoke on the positives from the APTEL order.
Mehraboon Irani of Nirmal Bang Securities is of the view that BHEL can give handsome returns.
Sandeep Wagle of powermywealth.com recommends selling Maruti and HDFC and advises buying BHEL.
Ashwani Gujral of ashwanigujral.com recommends buying BHEL, GSFC and Indra Industries.
Ashwani Gujral of ashwanigujral.com is of the view that VIP Industries may test Rs 140 while one may short BHEL.
Ruchit Jain of Angel Broking recommends selling Bharat Heavy Electricals with a target of Rs 104 and advises buying Ajanta Pharma with a target of Rs 1495.
Sandeep Wagle, Founder & CEO of powermywealth.com recommends buying Havells India, SKS Microfinance, Kotak Mahindra Bank and BHEL and feels that Coal India is a conditional buy.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities recommends buying TVS Motor, Tata Chemicals and Havells India and advises selling Jindal Steel & Power and Bharat Heavy Electricals.
While SP Tulsian says he won‘t be surprised if the stock moves up 10 percent after company announces its results, Misal Singh says the company may take a hit on its topline from incremental payouts.
Rajat Bose of rajatkbose.com recommends buying Hindalco Industries and BHEL and feels that Axis Bank may hit Rs 453.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland and Aurobindo Pharma.
Sudarshan Sukhani of s2analytics.com recommends buying BHEL and feels that Larsen & Toubro may head lower.
Ashwani Gujral of ashwanigujral.com recommends selling IGL, Marico and BHEL and advises buying CESC.
Vijay Chopra of enochventures.com is of the view that one may exit BHEL and pick L&T.
Ashwani Gujral of ashwanigujral.com recommends selling BHEL and Reliance Industries and advises buying Gujarat Narmada Valley Fertilizers & Chemicals and ITC.
Engineering firm Crompton Greaves' decision to sell its lossmaking international transportation & distribution (T&D) business comes a huge positive for its shares, which may now rise about 30 percent from current levels, says Inderjeet Singh Bhatia of Macquarie Research.
Ashwani Gujral of ashwanigujral.com recommends selling BHEL and Arvind and advises buying State Bank of India on declines.
Rakesh Bansal of RK Global suggests buying Manapparum Finance with a target of Rs 36.
Rajat Bose of rajatkbose.com suggests buying Buy SBI, BHEL and Bank of Baroda.