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
Nomura has a buy rating on ICICI with target price at Rs 325 per share as watchlist resolution was on expected lines in Q2.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gujarat State Fertilizers & Chemicals and Britannia Industries and sell Wipro.
Dilip Bhat, Joint MD at Prabhudas Lilladher is of the view that one may prefer SBI, Britannia Industries, Reliance Capital and Thyrocare.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ashok Leyland, Britannia Industries and Bata India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland and Britannia Industries and sell Idea Cellular.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Britannia Industries and CONCOR and buy Bharat Electronics.
Rakesh Bansal of RK Global is of the view that one may buy Apollo Tyres with a target of Rs 248.
Dhananjay Sinha of Emkay Global Financial Services in an interview with CNBC-TV18 spoke about stocks and sectors.
Prakash Gaba of prakashgaba.com is of the view that Aditya Birla Nuvo and Cummins India look good and recommends selling Britannia Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balrampur Chini and avoid Castrol India.
Sudarshan Sukhani of s2analytics.com recommends buying Adani Ports and feels that Marico and Cummins India may head higher.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Exide Industries and sell Just Dial and DLF.
Sudarshan Sukhani of s2analytics.com recommends buying Asian Paints.
Rakesh Bansal of RK Global recommends buying Bombay Dyeing with a target of Rs 65 and NOCIL with a target of Rs 70.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his views on various stocks like Reliance Capital which gained 10 percent following company's annoucement on hive-off of home finance business.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Britannia Industries and UPL and sell Bosch.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries, LIC Housing Finance, NCC, Axis Bank and IndusInd Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy BF Utilities, Britannia Industries, MOIL, Voltas and Reliance Capital.
Deutsche Bank downgraded Axis Bank to hold with target price unchanged at Rs 590 per share. It says ROEs may decline to 14-15 percent while credit costs may be elevated.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punjab National Bank, Bank of India, Britannia Industries, Ajanta Pharma and Voltas.
Ashish Chaturmohta of Sanctum Wealth Management is of the view that one can buy L&T Finance Holdings, Kotak Mahindra Bank and Britannia Industries.
Sudarshan Sukhani of s2analytics.com recommends buying Britannia Industries and Voltas.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Here are brokerage firms views on six stocks. Motilal downgrades Hero MotoCorp to neutral from buy given rich valuations. Target for the stock is at Rs 3666 per share. It says volume growth drives revenue as adverse mix dragged realisations.
Every sector will be impacted by the GST. CNBC-TV18 brings to you GST-based stock ideas from Pankaj Sharma of Equirus Securities and Jigar Shah of Kim End Sec India.