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
Sudarshan Sukhani of s2analytics.com suggests buying HDFC Bank, IRB Infra, REC, BHEL and Motherson Sumi and advises shorting Coal India.
Despite reducing volume estimates by 24 million tonne, Motilal Oswal expects 6.7 percent CAGR in volumes, 21 percent CAGR in adjusted EBITDA and 15 percent CAGR in EPS over two years.
According to Mitessh Thakkar of mitesshthakkar.com, one can sell Coal India, IDFC Bank and Mahindra & Mahindra and can buy UPL and Coffee Day.
From TCS, Coal India to Reliance, a look at what brokerages are talking about these stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Coal India and Ujjivan Financial Services and buy Jubilant Foodworks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Indian Oil Corporation and sell Coal India.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Sun TV and sell Coal India.
The public sector entity was in the news recently after the coal quality watchdog—Coal Controllers Organisation—downgraded its coal grades in 177 mines of the firm.
Coal India, NTPC, and oil marketing companies, among others, are on investors’ radar today.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Century Textiles and sell Coal India and Mindtree.
United Spirits, Power firms, oil and gas, among others are on analysts' radar today.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market and also gave recommendations on various stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Tata Elxsi, Jain Irrigation Systems and CONCOR while can sell Coal India.
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
Sandeep Wagle of powermywealth.com is of the view that one may hold Coal India.
From Titan to Coal India, analysts present their views on these stocks. They also outline their recommendations on IT as well as auto sector
According to Avinnash Gorakssakar, Market Expert, one may hold Coal India.
Prakash Gaba of prakashgaba.com advises buying Coal India.
Prakash Gaba of prakashgaba.com is of the view that Coal India can climb to Rs 299 while Manappuram Finance may test Rs 95.
According to Gaurang Shah of Geojit Financial Services, one may hold Coal India.
Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.
CLSA remains negative on cement sector as it believes 2017 will be a lacklustre year for the sector. It has negative ratings on all cement company except UltraTech Cement that is its only preferred name in the sector.
CLSA has initiated coverage on Astral Poly Technik with a buy call and target price of Rs 545 as it expects company to report 27 percent EPS CAGR in FY16-19
Goldman Sachs has initiated its coverage on Infosys with a sell call and target of Rs 829 as application services is shrinking led by swift contraction in BFSI.