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
Mitessh Thakkar of miteshthacker.com recommends selling Colgate Palmolive and Wipro and advises buying Idea Cellular and ICICI Bank.
Edelweiss also maintains buy rating on L&T with target increased to Rs 1802 from Rs 1650 per share.
Avinash Gorakshakar, Market Expert is of the view that one may hold Colgate Palmolive.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Bharti Airtel and sell Colgate Palmolive.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Colgate Palmolive and buy IDFC Bank.
Mitesh Thacker of miteshthacker.com recommends selling Colgate Palmolive and Grasim Industries.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may sell IRB Infrastructure Future with a target of Rs 180.50.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 329.
Kotak's preferred picks are ITC, Britannia Industries, Colgate Palmolive, GSK Consumer and Bajaj Corp.
Credit Suisse has cut target price of Coal India to Rs 370 from Rs 385 per share as it sees little downside to the stock. The company reported very weak Q2 results on account of higher costs across heads. Higher costs pull down FY17-19 EPS by 7-20 percent.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Just Dial, MRF and SAIL and sell HPCL.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Colgate Palmolive, Aarti Industries and Dishman Pharma.
According to Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities, one can buy Hindustan Unilever, Hindalco Industries and LIC Housing Finance.
Sandeep Wagle of powermywealth.com recommends buying HDFC Bank, Lupin and Colgate Palmolive.
Deutsche Bank has a buy call on Nestle with target at Rs 7500 per share. It says re-launch of Maggi at Rs 5 price-point should be the next trigger.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his take on companies that declared their quarterly earnings like Strides Shasun and its peers, Kansai Nerolac and Colgate among others. He also shares his outlook on Eicher Motors.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Dabur India, CESC and Bajaj Auto.
Sudarshan Sukhani of s2analytics.com recommends buying BPCL and Bharat Financial Inclusion and advises selling Colgate Palmolive, Titan Company and Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals and IDFC Bank and sell Colgate Palmolive.
According to Sandeep Wagle of powermywealth.com, one can sell Colgate Palmolive, Idea Cellular and ICICI Bank.
Rakesh Bansal of RK Global advises buying Apollo Tyres with a target of Rs 248.
Mitesh Thacker of miteshthacker.com is of the view that one ay sell Gail India and buy Tata Global Beverage.
Here are brokerage firms' views on 16 stocks. Bank of America Merrill Lynch has initiated buy rating with target at Rs 1450 percent indicating 23 percent potential upside. It says Kesh King-led drag behind; upside risk from the global business. The stock is re-rated over time and robust growth to provide support.
Mitesh Thacker of miteshthacker.com recommends buying Godrej Consumer Products and Colgate Palmolive.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balrampur Chini and avoid Castrol India.