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
As an investment strategy, Credit Suisse advises to bet on those segment player which have large valuation gap but give higher returns. "Large valuation gap between segment leader and small player sometimes provide an opportunity for higher stock returns to be generated by the smaller company," it adds.
In an interview to CNBC-TV18's Ekta Batra and Prashant Nair, Sachin Shah of Emkay Investment Managers shares his readings and outlook on the fundamental side of the market, specific stocks and sectors.
Watch the interview of Jagannadham Thunuguntla of Karvy stock Broking with Reema Tendulkar and Mangalam Maloo on CNBC-TV18, in which he shared his reading and outlook on Pidilite and Bajaj Corp.
Gaurang Shah of Geojit BNP Paribas is of the view that one may pick Bajaj Corp and Godrej Consumer Products.
Jai Bala of 1857 Advisors is of the view that above Rs 195, Chennai Petroleum Corporation may test Rs 265-280.
Jai Bala of 1857 Advisors is of the view that one may prefer Hindustan Unilever, Bosch and Bajaj Corp.
Rakesh Bansal of RK Global suggests buying Balaji Telefilms with a target of Rs 95.
CNBC-TV18's research team brings you the cherry-picked companies from among thousands of listed stocks, which stand out on their own fundamentals. Two worthy of an A-list stature are Alembic Pharma and Marico.
Devang Mehta, Sr VP & Head-Eq Advisory at Anand Rathi Financial Services is fo the veiw that one may prefer Bajaj Corp.
Shubham Agarwal of Motilal Oswal Securities recommends buying Tata Consultancy Services and Bajaj Corp.
Devang Mehta of Anand Rathi Financial Services is of the view that Bajaj Corp and Emami are the top picks in the consumer space.
Sachin Shah of Emkay Investment Managers is of the view that one may look at Bajaj Corp.
Devang Mehta of Anand Rathi Financial Services expects upside in Bajaj Corp and Emami.
Neeraj Deewan, Director of Quantum Securities is of the view that one may prefer Vardhman Textiles.
Sudarshan Sukhani of s2analytics.com is of the view that one may look at Bajaj Corp.
Devang Mehta of Anand Rathi Financial Services is of the view that one may prefer Wipro, Bajaj Corp and Pidilite industries.
Devang Mehta of Anand Rathi Financial Services recommends avoiding VIP Industries and prefers Titan Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bajaj Corp.
Paras Bothra of Ashika Stock Broking is of the view that one can buy Mahindra CIE Automotive for a target price of Rs 270 and Aegis Logistics for a target price of Rs 550.
Kunal Saraogi of Equityrush recommends buying Allcargo Logistics for a target price of Rs 350 and Jindal SAW for a target price of Rs 104.
According to Devang Mehta of Anand Rathi Financial Services, Bajaj Corp may test Rs 335.
Nooresh Merani of AMSEC Research recommends buying Bajaj Corp with a target of Rs 285 and advises selling YES Bank with a stoploss at Rs 315.
Nooresh Merani of AMSEC Research suggest buying Bajaj Corp with a target of Rs 285 and Bank Of India with a target of Rs 175.
According to Nooresh Merani of AMSEC Research, one may buy LIC Housing Finance with a stoploss at Rs 180 and advises selling YES Bank with a target of Rs 290 and stoploss at Rs 315.
Sharmila Joshi of Peerless Securities advised buying Dabur India with a target price of Rs 175 and LIC Housing Finance with a target price of Rs 190.