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
Ashu Madan of Religare Securities is of the view that one may buy Dr Reddy's Laboratories.
Ashish Kyal of wavesstrategy.com is of the view that one may hold Dr Reddy's Laboratories.
Mayuresh Joshi of Angel Broking is of the view that one may hold Dr Reddy's Laboratories with a target of Rs 3933 over the next 12-15 months.
Prakash Diwan of prakashdiwan.in is of the view that one may avoid Dr Reddy's Laboratories.
Shahina Mukadam, Independent Market Expert is of the view that one may prefer Alembic Pharmaceuticals and Dr Reddy's Laboratories.
According to Hemant Thukral of Aditya Birla Money, one may sell Dr Reddy's Laboratories on every rise.
Surya Narayan Patra of Phillip Capital says that it would take minimum one year for Dr. Reddy‘s Laboratories to resolve this issue.
Brokerages are still cautious on the stock as troubles do not seem to end for the Indian pharma company.
Deven Choksey of KR Choksey Investment Managers is of the view that one may prefer State Bank of India, Reliance Industries and Tata Motors.
Deven Choksey of KR Choksey Investment Managers is of the view that one may add Dr Reddy's Laboratories in the portfolio.
SP Tulsian of sptulsian.com is of the view that one may enter Dr Reddy's Laboratories at around Rs 3250-3300.
Sameet Chavan, Technical Analyst at Angel Broking is of the view that if Dr Reddy's Laboratories stays below Rs 3,250 then it is likely to go below Rs 3000.
Aditya Agarwal of Way2Wealth Securities advises shorting Dr Reddy's Laboratories.
Rajat Bose of rajatkbose.com feels that Dr Reddy's Laboratories may slip to Rs 3250.
Vijay Chopra of enochventures.com is of the view that one may hold Dr Reddy's Laboratories.
SP Tulsian of sptulsian.com is of the view that one may buy Dr Reddy's Laboratories.
CA Rudramurthy BV of Vachana Investments is of the view that one may see weakness in Indiabulls Housing Finance.
Kunal Bothra of LKP Securities is of the view that one can look at buying Dr Reddy's Labs at around Rs 3200.
Shubham Agarwal of Motilal Oswal Securities is of the view that one may see downside in Dr Reddy's Labs and feels that one can re-enter the stock at around Rs 3300.
Ambareesh Baliga, Independent Market Expert is of the view that one can enter Sun Pharma on dips.
Manas Jaiswal of manasjaiswal.com advises buying Bank of India with a target of Rs 142.
Sudarshan Sukhani of s2analytics.com is of the view that one can keep Dr Reddy's Labs in portfolio for long term.
Ambareesh Baliga, Independent Market Expert is of the view that one can keep Dr Reddy's Labs, Lupin and Sun Pharma in the portfolio from the pharma space.
Sandip Sabharwal of asksandipsabharwal.com is of the view that ICICI Bank is a good bet and feels that ITC should be de-rated.
Rajat Bose of rajatkbose.com is of the view that one may look at Glenmark Pharma.