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
SP Tulsian of sptulsian.com is of the view that one may buy Cipla with a target of Rs 377 and sell Tata Steel with a target of Rs 359.
Gopi Suvanam, Founder of InvestWorks advises investing in Lupin with a target of around Rs 1,150.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Cipla and sell Bharti Airtel.
Deven Choksey, MD of KR Choksey Shares & Securities prefers Glenmark Pharma and Cipla within the pharma space.
Bhuvnesh Singh, MD & Head of India Research at Barclays prefer pharma and IT services space.
Gopi Suvanam, founderof InvestWorks has a bullish stance on pharma space including Cipla and Lupin.
Shrikant Chouhan of Kotak Securities advises selling Reliance Industries with a target of Rs 780-790 and buying Lupin with a target of Rs 960-970.
Abhishek Karande of SBICAP Securities feels that Cipla may touch Rs 465-470.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Cipla as the stock may move towards Rs 445-450.
Shardul Kulkarni of Angel Broking recommends buying Cipla on decline at around Rs 408-410 as the stock may test Rs 430-435.
Sudarshan Sukhani of s2analytics.com is of the view that one may see higher levels in Cipla.
Shrikant Chouhan of Kotak Securities suggests buying Cipla with a target of Rs 420-425 and Federal Bank with a target of Rs 85.50-87.
According to Gopi Suvanam, Founder of InvestWorks, Cipla is looking attractive at this level.
Sudarshan Sukhani of s2analytics.com advises buying Lupin, Divis Laboratories, Sun Pharmaceutical Industries, Cipla and Dr Reddys Laboratories.
According to Jaideep Goswami, Head of Equity at ICICI Securities, pharma sector being export oriented sector will continue to outperform in at least first few months of the year.
According to Gopi Suvanam of Investworks, one may avoid Ranbaxy Laboratories and Sun Pharmaceutical Industries.
Gopi Suvanam, Founder at InvestWorks feels that Cipla may gain 10 percent.
Rajat Bose of rajatkbose.com is of the view that Cipla may touch Rs 445-465 in next one year.
SP Tulsian of sptulsian.com is of the view that one may buy Cipla and Divis Laboratories.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Dabur India from FMCG pack. However, he advises selling Cipla.
Abhishek Karande of SBICAP Securities is of the view that one may prefer Cipla, Divi‘s Laboartories, Ranbaxy Laboratories within the pharmaceutical sector, and Maruti Suzuki India and Hero Motocorp within the automobile space.
According to Pritesh Mehta of IIFL, one may buy Cipla as the stock may touch Rs 425.
Sriram Rathi, pharma analyst at Anand Rathi is of the view that one may pick Cipla and Dr Reddys Laboratories from largecap pharma space.
Abhishek Karande of SBICap Securities recommends buying Cipla on correction as the stock may touch Rs 440.
The USFDA today approved Ranbaxy‘s drug called Plendil generic, which is used for hypertension. Ranbaxy was expected to be the authorised generic for this particular drug, but it is already genericised and there are already 6-7 players in this market for this particular drug.