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
Mehraboon Irani of Nirmal Bang Securities feels that VST Tillers Tractors may test Rs 850. "A company at Rs 40 crore cash in the books and earnings per share of at least Rs 80 in the current year the stock has gone up by Rs 180 in the last 10 days," he adds.
Meghna Malkan of malkansview.com recommends buying Bata India with a target of Rs 1085 and advises selling Bank of India (BOI) with a target of Rs 198.
Nooresh Merani of AMSEC Research advises buying Dabur India for a target price of Rs 166 and Tata Chemicals for a target price of Rs 290.
Ajay Srivastava, CEO at Dimensions Consulting expects Biocon to test Rs 450-500 by next year given the fact that there is a huge boost of contracts coming into India.
Manav Chopra of Nirmal Bang recommends buying Sun TV Network with a target of Rs 470 and Future Retail with a target of Rs 88.
Manav Chopra of Nirmal Bang advises buying Sun TV Network for a target price of Rs 470 and Future Retail for a target price of Rs 88.
Pritesh Mehta of IIFL is of the view that Biocon may test Rs 380-385 if the stock moves above Rs 360.
Dharmesh Kant of India Nivesh Securities advises buying Exide Industries with a target price of Rs 140 and United Phosphorous (UPL) with a target price of Rs 175.
Vishal Jajoo of Nirmal Bang Securities recommends buying Zee Entertainment Enterprises with a target of Rs 268 and Biocon with a target of Rs 352.
Meghana Malkan of malkansview.com advises buying Asian Paints for a target price of Rs 540 and Divis Labs for a target price of Rs 1010.
According to Lancelot D Cunha of ITI Wealth Management, one may buy SKF India with a target price of Rs 599 and Biocon with a target price of Rs 347.
VK Sharma of HDFC Securities suggests bull spread strategy where one may buy Biocon 340 Call at Rs 9 and sell 360 Call at Rs 3.
Sharmila Joshi of Fairwealth Securities advises buying Rallis India with a target price of Rs 161.50 and TVS Motor Company with a target price of Rs 51.
Sharmila Joshi of Fairwealth Securities recommends buying Mahindra & Mahindra Financial Services with a target of Rs 280 and Biocon with a target of Rs 345.
Lancelot D Cunha of ITI Wealth Management advises buying Mangalore Chemical and Fertiliser with a target price of Rs 53.50 and Sun Pharma Advanced Research Company with a target price of Rs 146.
Manoj Murlidharan Vayalar of IIFL recommends going long on Biocon as the stock may move to Rs 358.
Lancelot D Cunha of ITI Wealth Management recommends buying Hexaware Technologies with a target of Rs 131.50 and Biocon with a target of Rs 338.
Saurabh Mittal of Swadeshi Credits advises selling Financial Technologies with a target price of Rs 155 and buying Shipping Corporation of India with a target price of Rs 36.
Vishal Jajoo of Nirmal Bang recommends buying Delta Corp with a target of Rs 74.50 and Sun Pharma Advanced Research Company (SPARC) with a target of Rs 126.50.
Vishal Jajoo of Nirmal Bang recommends buying Colgate Palmolive with a target price of Rs 1275 and Delta Corp with a target price of Rs 74.50.
Pritesh Mehta of IIFL recommends selling Biocon with a target of Rs 315.
Anand Rathi advises investors to buy MRF with a target of Rs 13,800 and a stop loss at Rs 12,800
Nooresh Mirani of AMSEC Research advices accumulating Biocon at Rs 330 with a immediate target of Rs 360.
Rajesh Agarwal of Eastern Financiers advised buying Amara Raja Batteries with a target price of Rs 267 and Dredging Corporation with a target price of Rs 274.
Parag Doctor of Keynote Capital feels that Biocon may test Rs 360 in this week. "Ome may keep the stoploss at Rs 339," he adds.