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
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Alembic Pharmaceuticals from the pharma space.
Deven Choksey of KRChoksey Investment Managers has a positive view on largecap pharma stocks and the cement space.
Rajat Bose of rajatkbose.com recommends buying Dr Reddy's Laboratories and Infosys.
Jai Bala of Cashthechaos.com is of the view that Cipla is the top bet from the pharma space.
Rajat Bose of rajatkbose.com recommends buying Dr Reddy's Laboratories, Cairn India and Reliance Industries.
VK Sharma of HDFC Securities is of the view that one can buy Sun Pharma 840 Call and Dr Reddy's Labs 3100 Call.
Gaurav Bissa of LKP Securities advises selling Maruti Suzuki with a target of Rs 4000.
Rajat Bose of rajatkbose.com recommends buying HDFC Bank and feels that Dr Reddy's Labs may test Rs 2970.
Vijay Chopra of enochventures.com is of the view that one may hold Alembic Pharmaceuticals with a target of Rs 750-800.
Abhishek Sharma, Pharma Analyst at IIFL recommends buying Glenmark Pharma and likes Lupin and Dr Reddy's Labs.
Shubham Agarwal of Motilal Oswal Securities recommends shorting Dr Reddy's Laboratories for a target of Rs 2700.
Rajat Bose of rajatkbose.com recommends selling Dabur India and Adani Ports.
Hemen Kapadia of KRChoksey Securities advises buying Hindustan Unilever with a target of Rs 822.
Rajat Bose of rajatkbose.com feels that Dr Reddy's Laboratories may test Rs 4300 and Nelco may test Rs 129.
Prakash Gaba of prakashgaba.com advises buying IndusInd Bank and suggests selling Bharat Petroleum Corporation.
Rajat Bose of rajatkbose.com feels that Eveready Industries may move to Rs 360.
According to Dilip Bhat of Prabhudas Lilladher, one may look at Aurobindo Pharma and Dr Reddy's Laboratories.
Prakash Gaba of prakashgaba.com is of the view that one may pick Bharat Forge, HDFC Bank and Dr Reddy's Laboratories.
According to Sudarshan Sukhani of s2analytics.com, Aurobindo Pharma, Lupin and Divis Laboratories are investment ideas.
Siddarth Bhamre of Angel Broking is of the view that one may go long in Dr Reddy's Laboratories.
Shares of Dr Reddy's Labs have been on a downward journey over the past two months, amid concerns over a warning letter the company received from the US FDA over some of its plants, and amid some currency headwinds it faces.
Watch the interview of Prakash Gaba of prakashgaba.com with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on the market, specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com is of the view that one can avoid Dr Reddy's Laboratories.
Sudip Bandopadhyay, Market Expert is of the view that one may prefer Lupin from the pharma space.
Simi Bhaumik of simibhaumik.com is of the view that one may buy Dr Reddy's Laboratories as the stock may test Rs 3600-3800.