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
SP Tulsian of sptulsian.com advises holding Dabur India. "One should expect a return of about 18-20 percent per annum, but if one has a shorter term view then look for a level of Rs 185," he adds.
Gautam Trivedi, MD & Head of Equities-India at Religare Capital Markets prefers Dabur India, Emami and TTK Healthcare within the FMCG space.
Amit Gupta of ICICI Direct has a bullish stance on Dabur India and feels that the stock may move to Rs 188.
Amit Gupta, Head- Derivatives at ICICI Direct is of the view that one may short IndusInd Bank with a target of Rs 360. "I will remain positive on Dabur and my target on the higher side is Rs 185-188," he adds.
According to Sandeep Shah, Associate Director at Motilal Oswal Private Wealth Management, one may accumulate FMCG stocks on dip.
SP Tulsian of sptulsian.com feels that Dabur India may move to Rs 170 in this series.
Rajat Bose of rajatkbose feels that below Rs 164, Dabur India may test Rs 160.
Shahina Mukadam of Varun Capital recommends buying Dabur India with a target of Rs 175.50 and advises selling Indian Oil Corporation with a target of Rs 195.
Sharmila Joshi of sharmilajoshi.com advises buying Sintex Industries for a target price of Rs 41.50 and Wockhardt for a target price of Rs 458.
According to Manas Jaiswal, Technical Analyst at manasjaiswal.com, one may buy Idea Cellular with a target of Rs 170 and Essar Oil with a target of Rs 60.
SP Tulsian of sptulsian.com is of the view that one may buy Dabur India with a target of Rs 175.
Amit Gupta, Head-Derivatives, ICICI Direct recommends buying Dabur India as the stock may test Rs 195 and a even go beyond Rs 200.
Mayuresh Joshi of Angel Broking prefers HCL Technologies and Tata Consultancy Services (TCS) from the IT pack where the earnings growth both in dollar and rupee terms will be exceptional for these companies going forward.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Dabur India from FMCG pack. However, he advises selling Cipla.
SP Tulsian of sptulsian.com advises to prefer FMCG stocks like Godrej Industries, GlaxoSmithKline Consumer Healthcare, Asian Paints, Dabur India and Tata Global Beverage.
AK Prabhakar, Independent Advisor recommends buying Havells India with a target of Rs 800 and Dabur India with a target of Rs 179.
Ashish Chugh picks two hidden gems(stocks) from the beverage sapce - JayShree Tea, Tata Global Beverage.
Rajeev Agarwal of dynamixresearch.in suggests selling Axis Bank with a target of Rs 1200-1165 and selling YES Bank with a target of Rs 353-342.
Krish Subramanium of Asit C Mehta Invstt Intermediates recommends buying Dabur India for a target of Rs 173 and Indian Hotels Company for a target of Rs 58.
Nooresh Merani of Analyse India advises buying Mcleod Russel for a target price of Rs 320 and Bata India for a target price of Rs 1,080.
Krish Subramanyam of Asit C Mehta Investment recommends buying Dabur with a target of Rs 174 and stoploss of Rs 165.
Sudarshan Sukhani of s2analytics.com advises buying ITC and suggests selling Reliance Communications.
Dipan Mehta, member of BSE and NSE advises to go for Indian FMCG companies like Dabur India, Emami, Marico, Godrej Consumer and Britannia Industries instead of HUL and Nestle.
Krish Subramanyam of Asit C Mehta Investment recommends buying Dabur India with a target of Rs 176 and a stoploss of Rs 165.
Nooresh Mirani of AMSEC Research recommends buying Dabur India with a target of Rs 166 and Tata Chemicals with a target of Rs 290.