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 - Fund manager at ashwanigujral.com recommends selling Reliance Infrastructure, Reliance Capital and Cummins India.
Ashwani Gujral - Fund manager at ashwanigujral.com recommends buying State Bank of India, Hindustan Unilever, SKS Microfinance and LIC Housing Finance.
Ajay Bodke of Prabhudas Lilladher feels that Glenmark Pharma may move to Rs 1186.
Rajat Bose of rajatkbose.com is of the view that one can buy Cummins India.
Ajay Bodke of Prabhudas Lilladher is of the view that one may prefer Cummins India, Sadbhav Engineering and Allcargo Logistics.
Manas Jaiswal of manasjaiswal.com recommends buying Cummins India with a target of Rs 1075 and Mercator with a target of Rs 32.
Ajay Bodke of Prabhudas Lilladher is of the view that Cummins India may touch Rs 1175 and Jubilant Life Sciences may move to Rs 578.
Taher Badshah of Motilal Oswal AMC is of the view that one may look at Bharat Forge and Cummins India.
Sahil Kapoor of Edelweiss Financial Services recommends buying United Spirits, Oracle Financial Services Software and Cummins India.
According to R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher, HDFC Bank and Infosys are the top picks and likes State Bank of India, ICICI Bank, Larsen & Toubro, Maruti Suzuki India, Tata Motors, IndusInd Bank and Indian Oil Corporation.
Vishal Malkan of malkansview.com is of the view that one may sell UPL with a target of Rs 500.
R Sreesankar of Prabhudas Lilladher is of the view that one may stay put in Cummins India.
CK Narayan of Growth Avenues is of the view that one may enter Cummins India on dips.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today – Vedanta, Motherson Sumi, Bombay Dyeing, Minda Corp, Jaypee Infra, Canara Bank, M&M, Cummins, Aarti Ind & Talwalkar.
Dharmesh Kant of India Nivesh Securities advises buying Motherson Sumi with a target of Rs 369.
According to Sahil Kapoor of Edelweiss Financial Services, Cummins India may touch Rs 1150.
Ajay Bodke of Prabhudas Lilladher is of the view that one can look at Sadbhav Engineering, Ashoka Buildcon, Cummins India, State Bank of India, HDFC Bank and Shriram Transport Finance Corporation.
R Sreesankar, Head-Institutional Equities at Prabhudas Lilladher is of the view that YES Bank, Glenmark Pharma, Cummins India, Ashok Leyland and Ashoka Buildcon, JK Lakshmi Cement and Persistent Systems are the top picks in the midacp space.
Sandip Sabharwal of asksandipsabharwal.com is of the view that one may prefer Larsen & Toubro, Cummins India, Ashoka Buildcon, IRB Infrastructure Developers and NBL Infrastructure and feels that these stocks should outperform the market.
According to Ajay Bodke of Prabhudas Lilladher, Axis Bank HDFC Bank, ICICI Bank, Larsen and Toubro and Ashoka Buildcon are the top buys.
Dipan Mehta, Member at BSE & NSE is of the view that one may prefer small midsized IT companies.
Dilip Bhat - Jt MD at Prabhudas Lilladher is of the view that one may prefer Larsen & Toubro, Cummins India, Infosys and Axis Bank.
Dilip Bhat of Prabhudas Lilladher is of the view that one can buy L&T.
Prakash Diwan of Altamount Capital Management recommends buying Cummins India on dips.
Prakash Diwan of Altamount Capital Management is of the view that one may prefer Larsen & Toubro (L&T), Siemens and Greaves Cotton.