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 suggests buying BPCL and HPCL and advises selling JSW Steel and Engineers India.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bharat Petroleum Corporation and buy Titan Company.
Prakash Gaba of prakashgaba.com likes BPCL, Dishman Pharma, Dish TV and Bharat Financial Inclusion while he feels tthat V-Guard may hit Rs 275.
After hitting a fresh 52-week high on Thursday morning, the market reversed all its gains in the last hour on back of profit booking. SP Tulsian of sptulsian.com says that this dip in the market can be used to buy in as an investor.
According to Ashwani Gujral of ashwanigujral.com, one can buy Motherson Sumi Systems and Housing Development Finance Corporation while one may sell Bharat Petroleum Corporation.
Deutsche Bank's largecap picks are Aurobindo Pharma, BPCL, Maruti Suzuki, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra and Vedanta India.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Once the Goods & Services Tax (GST) is implemented, there will be some hiccups in first three months. But it will be positive for many sectors like tile and leather products, said SP Tulsian of sptulsian.com.
Morgan Stanley sees limited impact on HPCL/BPCL if government transfers ownership to ONGC. ONGC's leverage could rise in the near-term and HPCL/BPCL could lower ONGC's leverage only by FY20-21, it feels.
As the telecom sector undergoes consolidation, margins of the companies will continue to remain under pressure, said SP Tulsian of sptulsian.com. The debt-laden balance sheets is seen as a 'big scare'.
Sudarshan Sukhani of s2analytics.com recommends buying Hexaware Technologies and is upbeat on IT and advises selling Hindalco Industries and Indo Count Industries while he feels that RIL may test Rs 1300.
Sandeep Wagle of powermywealth.com recommends buying Reliance Industries, Union Bank of India and Bharat Petroleum Corporation.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
With maintaining hold rating on Havells with a target price of Rs 374, Deutsche Bank says Lloyd division acquisition can complement AC and consumer durables portfolio.
Ashwani Gujral of ashwanigujral.com recommends buying Havells India and Rural Electrification Corporation and advises selling Bharat Petroleum Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying Motherson Sumi Systems, Eicher Motors, Bajaj Finance, Yes Bank and Hindustan Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bajaj Finance, Cairn India, Bharti Airtel and HDFC Bank and sell Ceat.
CLSA says Power Grid's best is yet to come in terms of capitalisation and estimates 50 percent rise in regulated equity over FY16-19. The brokerage house has reiterated buy call on the stock, with increased target at Rs 238 from Rs 225 as it feels valuations are inexpensive despite a 39 percent rally in one year.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, BPCL, HDFC and Hindalco and advises selling Mindtree.
According to Rahul Shah of Motilal Oswal, one can buy Hindustan Petroleum Corporation and advises shorting Divis Labs and State Bank of India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Divis Laboratories and Mahindra and Mahindra Financial Services and advises buying Tata Coffee.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Vedanta, Kotak Mahindra Bank and GAIL India.
Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities Bharat Petroleum Corporation, IDBI Bank and Power Grid.
Mitessh Thakkar of miteshthacker.com recommends buying Bharat Petroleum Corporation and Oil and Natural Gas Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Bajaj Finserv, Bharat Petroleum Corporation.