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
Rajat Bose of rajatkbose.com recommends selling Lupin and Coal India.
Sudarshan Sukhani of s2analytics.com recommends selling Coal India and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends selling Coal India and advises buying Carborundum Universal and Kalyani Steel.
Mitesh Thacker of miteshthacker.com is of the view that one may sell ITC and Coal India.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Tata Communications, TVS Motor and Coal India.
Mitesh Thacker of miteshthacker.com is of the view that one may sell Coal India.
Ashwani Gujral of ashwanigujral.com advises selling Adani Port and Coal India.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Gaurav Bissa of LKP Securities is of the view that one may go long in Apollo Hospitals Enterprises.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Coal India and Strides Arcolab.
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 is of the view that one can buy MRF and sell Coal India.
Jefferies advises buying Coal India with a target price of Rs 330 per share after quarterly earnings.
Ashwani Gujral of ashwanigujral.com
Rajat Bose of rajatkbose.com recommends buying ICICI Bank and GATI and advises selling Ashok Leyland and Coal India.
Citi has a buy rating on ICICI Bank but reduced target to Rs 300 from Rs 315 per share. It says business/stock is getting closer to a turn and FY18 is likely to be better than FY17. It adds ICICI Bank‘s large, better-valued asset sales could protect profitability.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares why he feels Welspun India shares could hit lower circuit over next few trading sessions and why he prefers staying away from all the public sector units stocks like NTPC, Coal India, Engineers India, among others.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
Ashwani Gujral of ashwanigujral.com recommends buying Prism Cement, Aban Offshore and Coal India.
Daljeet Singh Kohli of India Nivesh Securites is of the view that one can buy Coal India.
According to Sudarshan Sukhani of s2analytics.com, Divis Laboratories, Adani Ports and Coal India are buying opportunities.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India and Hindustan Unilever.
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
Sudarshan Sukhani of s2analytics.com is of the view that one may see upside in Sun Pharma and a rally in Coal India.
According to Nooresh Merani of Asian Market Securities, one can buy Reliance Capital and Coal India.