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 is of the view that CCL Products may test Rs 275 while Finolex Cables may hit Rs 420.
Ashwani Gujral of ashwanigujral.com recommends buying CCL Products, Jain Irrigation, CESC, Karnataka Bank and Jindal Poly Films.
Rahul Arora, CEO at Nirmal Bang Institutional Equities recommends buying V-Guard Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Motors DVR and feels that Reliance Industries may head higher.
Kunal Bothra of LKP Securities is of the view that one can buy CCL Products, DLF and Arvind.
Vijay Chopra of enochventures.com advises selling Mindtree with a target of Rs 1450.
Krish Subramanyam of Altamount Capital advises buying HCL Infosystems with a target of Rs 66.
Rajesh Gupta, Assistant Vice President at SBICAP Securities recommends buying CCL Products, Can Fin Homes and Repco Home Finance.
Rahul Arora of Nirmal Bang Institutional Equities recommends buying CCL Products and expects 20-25 percent upside.
CK Narayan, MD, Growth Avenues Asset Advisors is of the view that one can see 40-50 percent return in Marksans Pharma.
Rahul Arora of Nirmal Bang Institutional Equities recommends adding SKS Microfinance, CCL Products on dips.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - State Bank of India (SBI), Bank of Baroda (BOB), Punjab National Bank (PNB), Infosys, Sun TV, Tata Coffee & CCL Products.
CA Rudramurthy BV of Vachana Investments recommends buying CCL Products at the current level with a target of Rs 350-400 in 1-2 years.
Nischal Maheshwari of Edelweiss Securities has a positive view on CCL Products, PI Industries and J Kumar Infraprojects.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that CCL Products may test Rs 272.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have BPCL, Sesa Sterlite, Glenmark Pharma, GM Breweries, TGB Banquets, Coal India, KRBL, Shree Renuka, CCL Products & Bajaj Hind.
Rahul Arora, CEO at Nirmal Bang Institutional Equities advices buying CCL Products with a target of Rs 245.
Here are top 10 stocks to focus on January 20 – Sintex Industries, JSW Energy, banks, Hindustan Unilever (HUL), Mindtree, CCL Products, Sasken Communication, Kesoram Industries, Hindustan Zinc, Vedanta, MRF, Cairn India, Adani Power, Lanco Infra and Suzlon.
Sharmila Joshi, market expert recommends buying CCL Products India with a target of Rs 92 and JB Chemicals with a target of Rs 217.
Nooresh Mirani of Analyse India advises buying FDC for a target price of Rs 170 and HCL Infosystems for a target price of Rs 95.
Sharmila Joshi, sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 39.8 and VIP Industries for a target price of Rs 76.
One can buy CCL Products now and either keep a target of Rs 350 in 12 months time, says SP Tulsian, sptulsian.com. This is the only company which is offering four types of soluble coffee from one place with the total capacity being at 22,000 tonne per annum, he adds.
See 50 percent upside in CCL Products over the next 18 months, says Rajen Shah, CIO, Angel Broking. In domestic market it has recently joined hands with number of retailers to sell its coffee under retailer‘s brand. So the retailer would be buying coffee from CCL Products and selling it under their own brand.
SP Tulsian of sptulsian.com recommends investors to book their profits in Tata Coffee after the shares surged today. The stock hit Rs 1,557.70 on NSE. The stock has been on a run, up 33 percent, since it announced second quarter results on Oct 22.
CCL Products India has target of Rs 400, says SP Tulsian, sptulsian.com. They have their facilities in India i.e. Guntur in Andhra Pradesh, in Switzerland and in Singapore. Now they have created the new capacity in Vietnam also, which will be operational maybe in next couple of months.