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
According to Ambareesh Baliga, Independent Market Expert, one can buy Lupin, Sun Pharma and Dr Reddy's Labs at lower levels.
Sudarshan Sukhani of s2analytics.com is of the view that ICICI Bank, Infosys, State Bank of India, Cipla, Dr Reddy's Laboratories, Hindustan Unilever and Reliance Industries are investment opportunities.
Jay Thakkar of Sharekhan advises buying Colgate Palmolive with a target of Rs 1986.
Siddarth Bhamre of Angel Broking is of the view that one may prefer the IT and the pharma space.
Jay Thakkar of Sharekhan advises buying Dr Reddy's Laboratories with a target of Rs 4390.
Sudarshan Sukhani of s2analytics.com is of the view that Maruti Suzuki HDFC, Dr Reddy's Laboratories are opportunities to accumulate.
Rajat Bose of rajatkbose.com is of the view that Glenmark Pharma is a strong counter as the stock can head higher and test Rs 1253.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dr Reddy's Laboratories and says that most pharmaceutical companies are buying opportunities on declines.
P Phani Sekhar of Karvy Stock Broking is of the view that Aurobindo Pharma is the top pick from the pharma space.
Sudarshan Sukhani of s2analytics.com is of the view that most of the pharmaceutical companies are buying opportunities today.
According to Pashupati Advani of Globalforay, one may prefer pharma and healthcare space.
Sudarshan Sukhani of s2analytics.com is of the view that Dr Reddy's Laboratories is a remarkable stock and recommends buying it.
Mahantesh Sabarad of SBI Capital Securities likes PTC India Financial Services from the NBFC space and feels that Dr Reddy's Laboratories and Biocon can do substantially well from the pharma space.
Sudarshan Sukhani of s2analytics.com recommends buying Dr Reddy's Laboratories as the stock may rally further.
Sanjay Sinha, Founder at Citrus Advisors is of the view that pharma sector will continue to be expensive but may outperform the broader market.
Sudarshan Sukhani of s2analytics.com feels that Dr Reddy's Laboratories is a good investment bet.
Deepak Shenoy, Founder of Capitalmind is of the view that one may consider Dr Reddy's Laboratories in the portfolio.
Deven Choksey of KR Choksey Shares & Securities is of the view that one can hold Dr Reddy's Laboratories in the portfolio and feels that one may add the stock on dips.
Bhavesh Gandhi of India Infoline is of the view that one can acumulate Dr Reddy's Laboratories on every decline.
Mehraboon Irani of Nirmal Bang Securities is positively biased in Dr Reddy's Laboratories.
Hemen Kapadia of KR Choksey Securities is of the view that one may stay invested in Dr Reddy's Laboratories.
Phani Sekhar of Karvy Stock Broking is of the view that one may prefer Kotak Mahindra Bank, Maruti Suzuki and Dr Reddy‘s Laboratories.
Sudarshan Sukhani of s2analytics.com is of the view that one may look at buying Dr Reddy's Laboratories if the stock stabilises.
Sameet Chavan of Angel Broking advises buying HCL Technologies with a target of Rs 1010.
Rahul Mohindar of viratechindia.com is of the view that Dr Reddy's Laboratories may test Rs 4100 in 6-8 months.