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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HCL Tech and sell HPCL and Coal India.
Mitesh Thacker of miteshthacker.com recommends selling Biocon and Coal India.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hexaware Technologies and Maruti Suzuki and sell Coal India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
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.
Sharmila Joshi of sharmilajoshi.com is of the view that one may buy Coal India on dips.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on – TCS, Sun Pharma, Coal India, ITC, Bajaj Auto.
According to Ashwani Gujral of ashwanigujral.com, one can sell Bharat Financial Inclusion, Bajaj Finance and Tata Motors and buy Coal India.
Credit Suisse has maintained neutral call on Reliance with target cut to Rs 1035 from Rs 1055 per share as Jio's user-base could grow to 7 crore from 5.2 crore by December-end.
Ruchit Jain of Angel Broking advises buying Tata Global Beverage with a target of Rs 127.
Mitesh Thacker of miteshthacker.com recommends selling JSW Steel, Coal India, Torrent Power and Bharti Airtel.
Sandeep Wagle of powermywealth.com recommends buying Power Grid and Bank of Baroda and sell Coal India.
Mitesh Thacker of miteshthacker.com recommends selling Coal India and Bharti Airtel.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Chennai Petroleum and sell Coal India and BEML.
Sudarshan Sukhani of s2analytics.com recommends selling DLF and Marico.
Mitesh Thacker of miteshthacker.com recommends buying Coal India and HDFC Bank.
Sudarshan Sukhani of s2analytics.com recommends going long in ICICI Bank and Mahindra & Mahindra and Coal India and sell Reliance Capital and Marico.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and Coal India and sell Infosys.
Morgan Stanley has underweight rating on SBI with target at Rs 200 per share stating that credit costs may decline but revenue likely to stay lower for longer. It estimates return on equity (ROE) at 5.9 percent in FY17 and 6.4 percent in FY18 versus 7.7 percent in FY16.
Chandan Taparia of Anand Rathi Securities recommends buying NMDC, Coal India and DHFL.
Mitesh Thacker of miteshthacker.com recommends buying Coal India and Dabur India and sell Jindal Steel & Power.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Coal India and buy GAIL India and L&T Finance Holdings.
Chandan Taparia of Anand Rathi Securities recommends buying Indian Oil Corporation, Engineers India, Canara Bank and Coal India and advises buying 210 Put options in Apollo Tyres.
Sandeep Wagle of powermywealth.com recommends buying State Bank of India, Tata Motors and Coal India.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Apollo Hospitals and buy Coal India.