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
HDFC Securities has selected the stock on two criteria – capital preservation (for now) and alpha generation (for later).
As of now, mid-cap index is in “correction” and the small cap is in “rally attempt” till it breaches its recent lows
IT, Consumer and Capital Goods are likely to report solid earnings growth while automobiles, pharmaceuticals, and cement will continue to witness margin pressures leading to subdued earnings
Rajesh Agarwal of AUM Capital recommends buying Indian Hotels with stop loss at Rs 130 and target of Rs 144, Can Fin Homes with stop loss at Rs 228 and target of Rs 248 and Cyient with stop loss at Rs 733 and target of Rs 753.
The S&P BSE Sensex lost 256 points while the Nifty50 ended 0.78 percent lower for the week ended 7 September.
Rajesh Agarwal of AUM Capital recommends buying Reliance Infrastructure with stop loss at Rs 463 and target of Rs 499, Cyient with stop loss at Rs 753 and target of Rs 789 and Sical Logistics with stop loss at Rs 193 and target of Rs 212.
The rupee's fall is technical in nature and should be viewed in accordance with happenings across the globe.
The major reason that experts are expecting a sharp correction in broader markets is stretched valuations as the Nifty Midcap shot up 47 percent and BSE Smallcap index rallied 60 percent in 2017.
The market's upward trajectory was in spite of volatility in stocks traded abroad and crude hitting multi-year highs, primarily because investors continued to be hopeful that earnings would keep getting better.
"The stock has a strong resistance at Rs 724-740 level, if it gives a close above this level then it may spurt further up to the level of Rs 854 while downside support comes at Rs 640 level," says Sumeet Bagadia, Associate Director, Research at choiceindia.com.
"The company is optimistic about the future and would continue to invest in digitization, including IoT, digital manufacturing, engineering analytics and mobility," SMC Global Securities said.
Here is the list of 20 stocks that could give up to 50 percent return over a period of one year.
Mid-tier companies are expected to report 2-3% constant currency revenue growth sequentially despite seasonal weakness
The consolidation is likely to continue for next 3-4 months. In fact, the entire calendar year is expected to be tough.
Nomura has initiated coverage with Buy call on Tejas Networks and set a target price at Rs 430 per share.
The reaction to the US-China trade war on equity markets was nothing short of a bloodbath. Asian markets plunged while back home Sensex and Nifty recorded a cut of over 1 percent. The rout witnessed by the Indian market on Friday has eroded Rs 1.57 crore of investor wealth.
Here is a list of top five stocks which could give up to 16% return in the short term.
Tata Sons, the holding company of the Tata Group is selling a small stake in its crown jewel Tata Consultancy Services (TCS). This will help Tata Sons raise around Rs 8,000 crore, which it can then use to invest in other group companies. In an interview with CNBC-TV18, Ravi Menon, Analyst-IT Services at Elara shared his views and outlook on the same.
Cyient, Sun Pharma and Tata Motors, among others, are being tracked by analysts on Tuesday.
Rakesh Bansal of RK Global is of the view that one may buy Interglobe Aviation with a target of Rs 1330.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ICICI Prudential, Cyient and Indiabulls Housing and can sell Ambuja Cements.
Future Consumer, Escorts, and HDFC Bank, among others, are on the radar of investors on Friday.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Cyient.
According to Geojit Research, the top Diwali 2017 picks include names like Yes Bank, KNR Constructions, NBCC, Aurobindo Pharma, Tata Motors, JK Lakshmi Cement, Aarti Industries, Bharat Electronics and UPL.
The disruptive impact of GST is visible but corporate honchos are hopeful of a rural recovery and consumption revival during the festive season.