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
Sudarshan Sukhani of s2analytics.com feels that Bharat Heavy Electricals may test Rs 280-300 in the next three months.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Crompton Greaves on rises.
Sitting at its 52-week high today, the company now commands a market capitalization of Rs 65,000 crore, equaling that of capital goods major BHEL. While Bosch in its own right is a behemoth in the automotive component industry, its sales and profits are one-fourth of BHEL
Sudarshan Sukhani of s2analytics.com recommends buying SKS Microfinance, Petronet LNG and BHEL.
Vishal Malkan of malkansview.com is of the view that BHEL may test Rs 295 in the next three to four trading sessions.
CK Narayan, MD at Growth Avenues is of the view that one may buy DLF and BHEL on dips.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Bharat Heavy Electricals.
Pritesh Mehta of IIFL recommends buying Amara Raja Batteries and BHEL.
Gaurav Ratnaparkhi of Sharekhan suggests buying Larsen and Toubro with target of Rs 1740 and BHEL with a target of Rs 270.
Siddarth Bhamre of Angel Broking recommends shorting Axis Bank and BHEL.
Hemant Thukral of Aditya Birla Money is of the view that one can buy Bharat Heavy Electricals only above Rs 255.
Gautam Shah, Associate Director & Technical Analyst at JM Financial is of the view that one may prefer capital goods and oil & gas stocks.
Over the past six months, BHEL stock has risen about 33 percent, compared to an 18 percent gain for the Sensex while the stock has jumped over 80 percent of the past year, compared to a 30 percent rise for the benchmark.
According to CK Narayan, Managing Director at Growth Avenues, one may buy Bharat Heavy Electricals on dips.
Hemen Kapadia of KR Choksey Securities advises buying Hindustan Zinc with a target of Rs 172 and suggests selling Bharti Airtel with a target of Rs 405.
Power sector has to grow over the next couple of years and BHEL would be one of the major players in supplying of the capital goods there, says Ambareesh Baliga.
Ambareesh Baliga, independent market expert, is extremely bullish on power sector and doesn‘t feel a ‘hope trade‘ has been driving BHEL.
Sudarshan Sukhani of s2analytics.com advises buying Bharat Heavy Electricals, Power Finance Corporation and Bank Of Baroda.
Siddarth Bhamre Head - Investment Advisory and Derivatives at Angel Broking is of the view that Bharat Heavy Electricals may test Rs 245-250.
Manas Jaiswal of manasjaiswal.com recommends buying Bharat Heavy Electricals at current levels.
Hemen Kapadia, VP at KR Choksey Securities is of the view that one may prefer Larsen and Toubro over Bharat Heavy Electricals.
Kunal Saraogi of Equityrush is of teh view that one can sell Bharat Heavy Electricals on every rise.
Dharmesh Kant, India Nivesh Securities advises buying Ahmednagar Forgings for a target price of Rs 430 and Cadila Healthcare for a target price of Rs 1,460.
Vishal Kshatriya of Edelweiss advises buying Bharat Heavy Electricals with a target of Rs 220 and Cadila Healthcare with a target of Rs 1450.
Manas Jaiswal of manasjaiswal.com advises selling Reliance Infrastructure for a target price of Rs 610 and Tata Power for a target price of Rs 78.