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
The outlook for the current year appears to be promising. We value cheviot at Rs 892, which corresponds to 10x P/E, says Manali Bhatia of Rudra Shares and Brokers.
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.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, said he is positive on the fertiliser space, and bets on stocks like Gujarat State Fertilizers & Chemicals (GSFC), Tata Chemicals, Coromandel.
SP Tulsian of SP Tulsian.com has a bullish view on Cheviot Company.
SP TulsianÂ of SP Tulsian.com is of the view that Cheviot Company may test Rs 1000 in next six months.
Accumulate Cheviot Company around Rs 225, says Aashish Tater, Head of Research, Fort Share Broking.