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
According to Prakash Gaba of prakashgaba.com, Cipla is looking good for long term.
Parag Thakkar of HDFC Securities is of the view that one can buy Lupin for long term.
Rajat Bose of rajatkbose.com is of the view that Apollo Tyres may test Rs 158.50 while Berger Paints may hit Rs 300.
Hemen Kapadia of KRChoksey Sec is of the view that one may buy HDFC with a target of Rs 1215.
VK Sharma of HDFC Securities is of the view that one may buy Cipla 490 Call at around Rs 8.5.
Rajat Bose of rajatkbose.com is of the view that Cipla may test Rs 491 while IPCA Labs may hit Rs 477.
Gaurav Bissa of LKP Securities is of the view that one may buy Tata Steel with a target of Rs 355.
Prakash Gaba of prakashgaba.com is of the view that one may remain invested in Cipla.
Vijay Chopra of enochventures.com feels that Cipla may move to Rs 500-550.
Gaurav Bissa of LKP Securities is of the view that one can buy Mahindra and Mahindra Financial Services and Cipla and sell Biocon.
Ashwani Gujral of ashwanigujral.com recommends buying IndusInd Bank, Havells India and Axis Bank.
In a CNBC-TV18 interview, SP Tulsian of sptulsian.com shared his reading and outlook on market and specific stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Indiabulls Housing Finance, CONCOR and Mahindra & Mahindra Financial Services.
R Sreesankar, Head Institutional Equities, Prabhudas Lilladher in an interview to CNBC-TV18 shared his rationale for picking Infosys, HDFC Bank, Aurobindo Pharma, Jubilant Life and Glenmark as his top picks.
Rajat Bose of rajatkbose.com recommends selling L&T for target of Rs 1245 while he feels that Cipla may test Rs 504 and Zee Entertainment may hit Rs 424.
According to Chandan Taparia of Anand Rathi Securities, one can buy DLF, Ashok Leyland and L&T Housing Finance.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla and Bata India and advises selling Cummins India while he feels that Tata Motors may head lower in the short term.
Pankaj Sharma of Equirus Securities is of the view that Cipla is the favourite pick from the pharma space and likes Sun Pharma.
According to Rahul Shah of Motilal Oswal, one can buy Tata Steel and Cipla.
Sameet Chavan of Angel Broking is of the view that one may buy Gail India with a target of Rs 375.
Sameet Chavan of Angel Broking recommends buying Sun TV and Cipla.
Rajat Bose of rajatkbose.com is of the view that Vedanta may test Rs 113.50 while Cipla may hit Rs 555.
Sharmila Joshi of sharmilajoshi.com is of the view that one may buy Cipla at current level.
According to Sandeep Wagle of powermywealth.com, one may buy Cipla with a target of Rs 615-620.
Rajat Bose of rajatkbose.com is of the view that Voltas may hit Rs 308.90 while Pidilite Industries may test Rs 647.