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
Sameet Chavan of Angel Broking recommends buying Cairn India and advises selling Hindustan Petroleum Corporation.
Rahul Mohindar of viratechindia.com recommends buying Maruti Suzuki, Cairn India and advises selling DLF.
Manas Jaiswal of manasjaiswal.com is of the view that Kotak Mahindra Bank may test Rs 693 and advises shorting Cairn India.
Neeraj Deewan of Quantum Securities is of the view that one may prefer Cairn India.
Rajat Bose of rajatkbose.com recommends buying Cairn India with targets of Rs Rs 169-170 and Rs 172.
Gaurav Bissa of LKP Securities recommends buying Sun TV with a target of Rs 375 and BPCL with a target of Rs 900.
Kunal Bothra of LKP Securities advises buying Mahindra & Mahindra Financial Services with a target of Rs 295.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have – PVR, JK Tyre, Apollo Tyres, Sanghi Industries, Bilt, Noida Toll Bridge, Cairn India, Vedanta, Asian Paints and Sintex Industries.
Devang Mehta of Anand Rathi Financial Services recommends exiting Cairn India.
Sharmila Joshi of sharmilajoshi.com is of the view that one may exit Cairn India.
Mayuresh Joshi of Angel Broking is neutral on Cairn India and Vedanta.
Kunal Bothra of LKP Securities is of the view that one may exit Cairn India and prefer Larsen and Toubro and Dish TV.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may stay invested Cairn India.
Ashu Madan of Religare Securities is of the view that one may exit Cairn India.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Vedanta, Cairn India, Bharat Forge, Havells, Sun TV, Nestle, Tata Steel, Cipla, Unitech & KEC.
Sameet Chavan of Angel Broking is of the view that Cairn India can head towards Rs 160-165.
Siddarth Bhamre of Angel Broking recommends going long in Steel Authority of India and Reliance Infrastructure.
CNBC-TV18‘s Varinder Bansal gives a check on the best & worst performing stocks in this last one year of Modi government.
Sudarshan Sukhani of s2analytics.com is of the view that one can short Cairn India.
Sudarshan Sukhani of s2analytics.com recommends selling Cairn India.
Amit Harchekar of A Plus Analytics is of the view that one can short Cairn India with a target of Rs 194.
Here‘s a list of top 10 stocks that are in news due to their Q4 earnings and controversy.
Operationally, it was a tough quarter for Cairn India with oil prices falling 29% QoQ and Rajasthan oil production slipping 3% QoQ on challenges in Bhagyam field.
Kunal Saraogi of Equityrush is of the view that one may see upside in Cairn India.
P Phani Sekhar of Karvy Stock Broking is of the view that one may look at HPCL and Cairn India.