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
Mitessh Thakkar of mitesshthakkar.com advises selling Ceat and Godfrey Phillips.
Deutsche Bank initiated a buy call on MRF with a target price of Rs 80,000 which translates into a potential upside of 25 percent from current levels.
L&T, DLF, MRF and Prestige Estates, among others, are being tracked by investors on Friday.
Sandeep Wagle of powermywealth.com recommends buying Siemens, Ceat, Bharat Financial Inclusion and Motherson Sumi.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Infosys and buy Balkrishna Industries and JSW Steel.
CA Rudramurthy BV, Research Head at Vachana Investments advises buying Jet Airways, Ceat and Raymond.
Rajat Bose of rajatkbose.com recommends buying BEML, Yes Bank and Ceat.
Rajat Bose of rajatkbose.com recommends buying Sobha, CG Power and Ceat.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ceat, Can Fin Homes and Kolte Patil Developers.
Ashwani Gujral of ashwanigujral.com suggests buying IGL while advises avoiding aviation stocks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat, Bharat Financial Inclusion and NMDC.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Ceat and buy JSW Steel and Cadila Healthcare.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Spirits and SREI Infra and sell Apollo Tyres and Ceat.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HPCL and sell Ceat and Tata Steel.
Prakash Gaba of prakashgaba.com likes Ceat on the short side and feels that Exide Industries looks weak.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends selling Biocon, Ceat and Adani Enterprises.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying Britannia Industries, Bata India and Ceat.
According to Sandeep Wagle of powermywealth.com, one can buy PC Jeweller and sell Ceat.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell MRF, Tata Communications and Union Bank of India and buy Torrent Power and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Ajanta Pharma, DLF and BF Utilities and buy Edelweiss Financial Services and Jubilant Foodworks.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Edelweiss Financial Services has retained a buy on Ceat with a target of Rs 200 while Motilal Oswal also has a buy rating with a target of Rs 2029, an upside of 17 percent despite the company posting a dip of 98 percent of PAT in Q1.
Ashwani Gujral of ashwanigujral.com recommends buying RCF, Future Consumer, L&T Finance Holdings, Bharat Petroleum Corporation and M&M Financial Services.