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
Morgan Stanley is underweight on Bank of Baroda, with reduced target at Rs 125 from Rs 135 as valuation is expensive in the context of weak earnings progression. Share price will fall relative to the industry over the next 30 days, it feels.
Sameet Chavan of Angel Broking is of the view that one may buy Motherson Sumi with a target of Rs 376.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy CESC, Indiabulls Housing Finance and Escorts and sell Oil India Limited and Power Finance Corporation.
Ashwani Gujral of ashwanigujral.com suggests buying Can Fin Home, Indiabulls Housing Finance, Bajaj Finance, Vedanta and CESC.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Mitessh Thakkar of miteshthacker.com recommends buying Aditya Birla Nuvo and CESC.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Aditya Birla Nuvo, CESC, IndusInd Bank and Zee Entertainment and advises shorting Just Dial.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Housing Finance and CESC and advises selling Titan Company.
SP Tulsian of sptulsian.com, explains why he is bullish on Yes Bank. He also shares his views on several other stocks, including Torrent Power and Hatsun Agro.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Maruti Suzuki, IGL and BHEL and sell Kaveri Seed Company.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Canara Bank and buy CESC and Cairn India.
Ashwani Gujral of ashwanigujral.com suggests buying CESC and Petronet LNG and advises selling Marico.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 513.
Mitesh Thacker of miteshthacker.com recommends buying CESC, BPCL, ACC and IFCI.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 328.
Yogesh Mehta of Motilal Oswal is of the view that one may buy CESC and Indian Oil Corporation and sell Tata Steel.
Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles, Maruti Suzuki, Sonata Software, Reliance Industries and CESC.
Mitesh Thacker of miteshthacker.com is of the view that one may buy CESC, DHFL, SRF and HDFC and sell TVS Motor.
Rajat Bose of rajatkbose.com is of the view that one may sell CESC and Mahindra & Mahindra December futures.
Gaurav Bissa of LKP Securities recommends buying IRB Infra, CESC and Sun Pharma.
Mitesh Thacker of miteshthacker.com is of the view that one may buy CESC and sell Larsen & Toubro.
Morgan Stanley remains underweight on SAIL as valuation looks lofty at 12.3x f18e EV/EBITDA. It says recovery in domestic utilisation and improving global steel prices are positive. JSW Steel is its top pick in the sector.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy CESC, Axis Bank and Ceat.
Sandeep Wagle of powermywealth.com suggests buying CESC, Oriental Bank of Commerce and Strides Shasun.