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
Sudarshan Sukhani of s2analytics.com advises to go short on Crompton Greaves and Voltas. He feels Crompton may see lower levels from hereon.
Inderjeet Singh Bhatia of Macquarie Capital Securities is negative on Crompton Greaves. "We cut a target price to Rs 83 for the year," he adds.
Rajen Shah, CIO of Angel Broking expects 25 percent upside in Crompton Greaves, citing the worst is almost in the pricing. Rajen Shah also sees a number of projects which were stalled, getting activated in coming 6-9 months before the elections.
SP Tulsian of sptulsian.com is bullish on Britannia Industries and recommends buying the stock with a day target of Rs 609 and stop loss of Rs 569.
Rajen Shah is positive on L&T, Crompton Greaves, Jet Airways, but advises investors to stay away from commodity related stocks like Tata Steel.
Saurabh Mittal of Swadeshi Capital advised buying YES Bank with a target price of Rs 515. Meanwhile, Nooresh Merani of AMSEC Research advised buying Dena Bank with a target price of Rs 92.
Lancelot D Cunha of ITI Wealth Management has recommended buy rating on Andhra Pradesh Paper, BF Utilities, Crompton Greaves and KPIT Cummins.
Rajen Shah, CIO Angel Broking, bullish on L&T, M&M, Aptech. However, he recommends avoiding Prestige Estates.
Pankaj Jain of Sunteck Wealthmax advised buying BF Utilities with a target price of Rs 316. Meanwhile, Aashish Tater of FortuneWizard.com recommended going short in Oracle Financial Services with a target price of Rs 2300.
Shardul Kulkarni of Angel Broking feels that, Crompton Greaves is expected to rally towards Rs 114-116, so one can go with Crompton Greaves rather than Voltas.
Aashish Tater of FortuneWizard.com is bearish on IFCI, Voltas and Divis Laboratories. He recommended selling these stocks.
Sudarshan Sukhani of s2analytics.com is bullish on Raymond. He advised buying the stock. Meanwhile, SP Tulsian of sptulsian.com recommended going short in Crompton Greaves.
Aashish Tater of FortuneWizard.com advised going long in Crompton Greaves with a target price of Rs 106 and going short in Divis Labs with a target price of Rs 1040.
Aashish Tater of FortuneWizard.com is bullish on Punj Lloyd and Jaypee Infratech. However, he maintained sell rating on Voltas and Crompton Greaves.
Lancelot D Cunha, ITI Wealth Management is bullish on BGR Energy, Crompton Greaves, TTK Prestige and Jubilant Foodworks. He has recommended a buy rating on these stocks.
Pankaj Jain of Sunteck Wealthmax is bullish on Voltas, IVRCL, BEML, Heidelberg Cement and recommends buy rating on the stocks.
Shahina Mukadam of Varun Capital has recommended buy rating on Reliance Communication, Zee Entertainment, Crompton Greaves, while she maintained sell rating on Dabur India.
SP Tulsian of sptulsian.com has recommended buy rating on Sun Pharma Advanced Research Company, Autoline Industries, Sonata Software and Reliance Communications.
SP Tulsian, sptulsian.com is betting on South Indian Bank and Alstom India. He feels both these have potential to fetch high returns. In case of South Indian Bank Tulsian believes the stock has bottomed out and can expect a price of Rs 32 in six months.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Hemant Thukral of Aditya Birla Money give top pick for the day.
Kunal Bothra of LKP is of the view that, one can go long on Crompton Greaves above Rs 96 with a stop loss of Rs 93 for the target price of Rs 103.
In CNBC-TV18's popular show Bull's Eye, Prakash Diwan, Prakash Diwan's Wealth Circle shares his trading strategies for the day.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian of sptulsian.com is cautious on ABB, Siemens and Crompton Greaves. He feels overall the situation has really being very bad for capital good industry
Crompton Greaves is a top midcap picks, says Gautam Trivedi, MD & Head of Equities-India, Religare Capital Markets.