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
Sandeep Wagle of powermywealth.com suggests buying NHPC, Crompton Greaves and NTPC.
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
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.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his preferred picks in the oil & gas, transmission & distribution, banking and tyre spaces.
Nomura has reduced rating on Adani Ports due to weak free cash flow outlook with target cut to Rs 234 from Rs 258 per share as it sees near-term volume to be impacted from demonetisation.
Ashish Kyal of Waves Strategy Advisors is of the view that one can buy Vedanta with a target of Rs 258 and Engineers India with a target of Rs 326.
SP Tulsian of sptulsian.com shares his rationale behind his bullish view on Crompton Greaves, Motherson Sumi and Bharat Forge.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
JP Morgan has set a target of Rs 90 per share on Tata Power awaiting clarity on a reconciliation of the two calculations. It says methodology for calculating tariff is a relief for Mundra UMPP.
SP Tulsian bets on Maruti, says if the stock price falls to around Rs 5,000 then it is a buy and if it comes to a level of about Rs 5,300 then there is no harm in booking profits.
CNBC-TV18's Ekta Batra lists out stocks to focus on – HDFC, Tata Power, ITC, HUL, Asian Paints, Bhel, ONGC, Crompton Greaves.
Ashish Kyal of Waves Strategy Advisors is of the view that oen may buy Adani Power with a target of Rs 35.
According to Sandeep Wagle of powermywealth.com, one can buy Ceat and Sun TV and sell Crompton Greaves.
Shahina Mukadam of Equityrush advises buying NIIT Technologies with a target of Rs 450.
Mitesh Thacker of miteshthacker.com recommends selling Crompton Greaves, HDFC Bank.
Sandeep Wagle of powermywealth.com recommends selling Zee Entertainment, UPL and Crompton Greaves.
Sandeep Wagle of powermywealth.com recommends selling Hero MotoCorp and Crompton Greaves and advises buying Vedanta.
Sandeep Wagle of powermywealth.com is of the view that one can sell TVS Motor and Crompton Greaves and buy Cairn India.
Ashwani Gujral of ashwanigujral.com recommends buying Shriram Transport Finance Corporation and Yes Bank and sell Crompton Greaves.
In an interview to CNBC-TV18, discussing various stocks, SP Tulsian of sptulsian.com said as of now for the Q3, he was upbeat on AksharChem India but warned that one must review these kinds of stocks every quarter.
Sandeep Wagle of powermywealth.com recommends buying Tech Mahindra, Crompton Greaves and Hindalco Industries.
According to Sudip Bandopadhyay, Market Expert, one can buy Crompton Greaves and Orient Cement.
Sandeep Wagle of powermywealth.com advises selling Crompton Greaves, Century Textiles and BPCL.
Jay Thakkar of Sharekhan is of the view that one may buy JBM Auto with a target of Rs 236.10.
Morgan Stanley has equal-weight rating on Crompton Greaves with target at Rs 61 per share as ongoing restructuring leads to margin uncertainty.