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
Prakash Gaba of prakashgaba.com advises buying Britannia Industries on dips.
Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries, DHFL, HPCL and IndusInd Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Bajaj Finserv, Bharat Petroleum Corporation.
In an interview to CNBC-TV18, Kunj Bansal, ED & CIO of Centrum Wealth Management shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Britannia Industries and West Coast Paper Mills.
Mitessh Thakkar of miteshthacker.com suggests buying Britannia Industries, Hero MotoCorp and NTPC and advises selling NIIT Tech and Petronet LNG.
Shahina Mukadam, Independent Market Expert is of the view that one may buy State Bank India with a target of Rs 263.
Sameet Chavan of Angel Broking advises buying Britannia Industries with a target of Rs 3030.
Jay Thakkar of Sharekhan is of the view that one may buy Bank of Baroda with a target of Rs 158.10.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 513.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 328.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 328.
According to Vijay Chopra of enochventures.com, one may hold Britannia Industries with a target of Rs 3200.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Bajaj Finance and Britannia Industries and buy Tech Mahindra.
Kotak's preferred picks are ITC, Britannia Industries, Colgate Palmolive, GSK Consumer and Bajaj Corp.
Mitesh Thacker of miteshthacker.com recommends selling Voltas and Britannia Industries.
Mitesh Thacker of miteshthacker.com recommends buying Sonata Software, Tech Mahindra and Jindal Steel & Power and advises selling Britannia Industries and LIC Housing Finance.
Credit Suisse has cut target price of Coal India to Rs 370 from Rs 385 per share as it sees little downside to the stock. The company reported very weak Q2 results on account of higher costs across heads. Higher costs pull down FY17-19 EPS by 7-20 percent.
Ashwani Gujral of ashwanigujral.com recommends buying Britannia Industries, Yes Bank and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com advises buying Hero Motocorp, Britannia Industries and Coromandel International.
Bakery and dairy products maker Britannia Industries shares gained nearly 2 percent intraday Tuesday after JP Morgan has initiated coverage with an overweight rating and a December 2017 target price of Rs 3,500, implying 18 percent potential upside.
JP Morgan has a neutral call on HUL with target at Rs 890 per share as volume growth rates will likely bottom in FY17. It says gradual recovery should be in place starting FY18.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
Mitesh Thacker of miteshthacker.com is of the view that one can sell PFC, Britannia Industries, Pidilite Industries and Ajanta Pharma and buy GAIL India.
Sudarshan Sukhani of s2analytics.com recommends buying Bajaj Auto and Century Textiles and advises selling Britannia Industries.