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
Vishal Jajoo, Senior Equity Research Analyst at Nirmal Bang Securities prefers Tech Mahindra.
Cipla is poised for good growth going forward but valuations is the only weak link possibly the weak link in Cipla's performance going forward. At around 22-23 times our take is that fresh investments can possibly wait for declines or discount, says Mayuresh Joshi of Angel Broking.
Phani Sekhar, Fund Manager-PMS at Angel Broking feels that 15-20 percent upside is possible in Cipla in one year.
Pankaj Jain, Director at Sunteck Wealthmax Capital is of the view that one can buy Dolphin Offshore, Pennar Industries, Cipla and Motherson Sumi Systems.
Kunj Bansal of Centrum Wealth Management recommends buying Cipla.
Sudarshan Sukhani of s2analytics.com recommends buying Bharat Forge, IDBI Bank and Cipla.
Satish Ramanathan, Market Analyst has a positive view on the pharma sector.
Nooresh Merani, CEO at Analyse India is of the view that one may buy Cipla on declines.
Sharmila Joshi of sharmilajoshi.com advises buying Cipla on dips.
Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one may stay invested in Cipla.
Watch the interview of Mayuresh Joshi, VP- Institution of Angel Broking Ltd and Kunal Saraogi, CEO of Equityrush with Sumaira Abidi & Nigel D'Souza on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Dipan Mehta, Member at BSE & NSE is overweight on Cipla.
Kunal Saraogi, CEO of Equityrush recommends holding Cipla with a long term view.
CIMB has a target price of Rs 600 on Cipla valued at 21 times one-year forward.
Nilesh Shah, MD & CEO of Envision Capital is cautious on the pharmaceutical sector.
Sudarshan Sukhani of s2analytics.com is of the view that one may see more upside in Cipla.
According to CK Narayan, MD of Growth Avenues, one may prefer Infosys, Tech Mahindra and Hexaware Technologies from IT space.
Pritesh Mehta, senior technical analyst at IIFL is of the view that Cipla may touch Rs 545-550.
Deven Choksey of KR Choksey Shares & Securities is of the view that one may buy Cipla on dips.
According to Phani Sekhar of Angel Broking, one may prefer Cipla, Sun Pharmaceuticals and Dr Reddy‘s Laboratories in pharma space.
Sharmila Joshi of sharmilajoshi.com is of the view that one may avoid Ranbaxy Laboratories and prefer Biocon, Ipca Laboratories and Cipla from the pharmaceutical space.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla on dips as the stock may go back to its earlier highs.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Cipla as the stock may rally.
According to SP Tulsian of sptulsian.com, one may sell NTPC with a target of Rs 111.50.
Hemen Kapadia of KR Choksey Securities advises buying Cipla with a target of Rs 380 and Havells India with a target of Rs 787.