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 recommends buying Axis Bank and Biocon and advises selling JSW Steel.
Rahul Shah of Motilal Oswal is of the view that one can buy Biocon with a target of Rs 470.
Shahina Mukadam, Independent Market Expert advises buying Zee Media Corporation with a target of Rs 24.
Rakesh Bansal of RK Global is of the view that one may buy Jindal Saw with a target of Rs 78.
Pritesh Mehta of IIFL recommends selling UPL August Futures, Biocon and Godrej Industries.
Mahantesh Sabarad of SBI Capital Securities likes PTC India Financial Services from the NBFC space and feels that Dr Reddy's Laboratories and Biocon can do substantially well from the pharma space.
Amit Gupta of ICICIdirect is of the view that Biocon may hit Rs 495.
Sudarshan Sukhani of s2analytics.com recommends buying Biocon for short term.
Gaurav Bissa of LKP Securities advises buying Amara Raja Batteries with a target of Rs 980.
Vishal Malkan of malkansview.com advises holding Biocon with long term view.
Sharmila Joshi, Market Expert advises buying Biocon with a target of Rs 478.
VK Sharma of HDFC Securities recommends buying Biocon 460 call.
Mithil Pradhan of Violet Arc Global Managers recommends buying Hindustan Unilever on declines.
Kunal Bothra of LKP is of the view that one may buy Biocon with a target of Rs 508.
Gaurav Bissa of LKP Securities recommends buying Biocon , Ceat and Havells India.
Manas Jaiswal of manasjaiswal.com is of the view that one can buy Biocon as the stock can test Rs 484 in next 2-3 trading sessions.
Naveen Kulkarni, co-head, research at Phillip Capital is of the view that Aurobindo Pharma and Biocon are the top picks from the pharma space.
Sharmila Joshi of sharmilajoshi.com is of the view that one may invest in Biocon, Motherson Sumi Systems and ICICI Bank with a view of 12-18 months.
Amit Gupta of ICICIdirect is of the view that one may buy Biocon.
Gaurav Bissa of LKP Securities is of the view that Biocon can catapult to Rs 479-480 in a very short span.
Sudarshan Sukhani of s2analytics.com is of the view that one can get positioned in Biocon on the long side.
Here‘s a list of top 10 stocks that are in news due to their Q4 earnings and controversy.
According to Sudarshan Sukhani of s2analytics.com, one can buy Biocon and hold the stock for a few weeks.
Biocon plans to list its research arm Syngene and on Wednesday filed prospectus with the market regulator Sebi. It aims to raise around Rs 600 crore.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon.