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
Rajesh Jain of Religare Securities sugests buying NMDC with a target of Rs 124 and Cipla with a target of Rs 410.
Manas Jaiswal of manasjaiswal.com recommends buying Dish TV India with a target of Rs 52 and NMDC with target of Rs 120.
Rahul Mohindar of viratechindia.com recommends buying Cipla as the stock may touch Rs 440-450 from current levels.
Macquarie upgrades Cipla Ltd to "outperform" from "neutral" and raises its target price to 480 rupees from 400, saying the drugmaker's April-June earnings were "significantly above" their estimates.
Sudarshan Sukhani of s2analytics.com recommends buying Cipla and advises selling Sun Pharmaceutical Industries.
SP Tulsian of sptulsian.com feels that Cipla may test Rs 430 in near term. "The results will really be a trigger for Sun Pharma and in this series expect a price of Rs 545 in it," he adds.
Gopi Suvanam, Founder of InvestWorks is of the view that Cipla can be a good investment in the pharma space.
Gopi Suvanam of InvestWorks recommends buying Cipla with a target of Rs 425 and stop loss of around Rs 390.
Rathi recommends booking profit in Lupin at current valuations. He has a neutral rating and a ‘hold‘ on the Sun Pharma stock because there are several triggers which can drive the earning surprise positively
Sharmila Joshi of Peerless Securities recommends buying Tech Mahindra with an intraday target of Rs 1105.
Sudarshan Sukhani of s2analytics.com says buy HCL Techologies, Infosys and Wipro.
HCL is the only IT company that has gained from rupee depreciation and Sun Pharma can see a 10-15 percent kind of an upside from current levels
Amit Trivedi, Co-Founder of Investworks.in recommends to go long on HCL Technologies at around Rs 800.
Sudarshan Sukhani of s2analytics.com is of the opinion that one may get into Cipla as a small rally has started.
According to Ambareesh Baliga of Edelweiss Financial Services, one can buy Reliance Infrastructure. "This stock can move up to levels of about Rs 511-515, "he adds.
Sudarshan Sukhani of s2analytics.com said he would not be a buyer in Sun Pharmaceuticals, Dr Reddys Laboratories and Cipla.
SP Tulsian of sptulsian.com advises to prefer Glenmark Pharma, Aurobindo Pharma or Cipla over Ranbaxy Labs.
Prashant Nair of Citi India told CNBC-TV18 that the pharma sector's valuations in current market downturn situation has held up well. He presents his views on buzzing stocks from the sector.
Sudarshan Sukhani of s2analytics.com says he is upbeat on Dr Reddys Labs, Sun Pharmaceutical and Cipla.
Monal Desai of Sunidhi Securities advised selling ONGC and United Phosphorous. One can buy Cipla, he added.
Dr Reddys Labs and Cipla are looking attractive at current levels. One can avoid Ranbaxy Labs, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani of s2analytics.com advised holding Cipla. He feels the stock will cross Rs 400.
According to Sudarshan Sukhani of s2analytics.com, Cipla is a good opportunity for long term. He advised holding the stock.
According to Manoj Murlidharan Vayalar of IIFL, Cipla may rally 6-8% from current levels.
According to Sudarshan Sukhani of s2analytics.com one can buy Cipla on every decline, as the stock is expected to rally from current levels.