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
Dipan Mehta Member of BSE & NSE has a bullish stance on NBFC sector.
Gautam Trivedi, MD & Head of Equities-India at Religare Capital Markets prefers Dabur India, Emami and TTK Healthcare within the FMCG space.
Regan F Homavazir, Associate VP - Technical Research at Darashaw is of the view that one may buy Emami as the stock may go above RS 700.
Meharaboon Irani, Nirmal Bang Securities thinks one should remain invested in the IT space. He also suggesting picking up stocks like Hindustan Zinc, Emami but is wary of banking space for the next two quarters
Varun Lohchab, Regional Head of Consumer at CIMB Equities suggests holding Emami for a target Rs 510.
According to Mehraboon Irani of Nirmal Bang Securities, one may pick Hindustan Zinc.
SP Tulsian of sptulsian.com is of the view that one may buy Emami as share may add Rs 40-50 in next one month.
Top 10 stocks that CNBC-TV18 team has picked to be on your radar - Hindustan Zinc and Sesa Sterlite, Asian Paints, Emami, Tata Power, Federal Bank, Aurobindo Pharma, Tata Steel, Siticable and Reliance Communications.
Ashish Chugh picks two hidden gems(stocks) from the beverage sapce - JayShree Tea, Tata Global Beverage.
Regan Homavazir of Darashaw feels that Pidilite Industries may touch Rs 500.
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.
Varun Lohchab, Director, CIMB, says Dabur reported good September quarter numbers, both in terms of sales as well as profit growth. He is also positive on Marico, and added it is the only stock that it has upgraded in the last 12 months.
Ambareesh Baliga of Edelweiss Financial Services suggests buying Emami and Escorts at these levels.
Sharmila Joshi of Peerless Securities recommends buying NHPC with a target of Rs 20.50 and YES Bank with a target of Rs 382.
Sharmila Joshi of Fairwealth Securities advises buying NHPC with a target price of Rs 20.50 and YES Bank with a target price of Rs 382.
Nischal Maheshwari of Edelweiss Securities feels that Emami and Dabur India ma add 15-20 percent on the upside.
Varun Lohchab, Director at CIMB sees some upside in Britannia Industries, Marico, Emami and Dabur India from current levels.
According to Prakash Diwan of Altamount Capital Management, one may go long on Emami with a target of Rs 499 and Motherson Sumi Systems with a target of Rs 230.90.
Prakash Diwan of Altamount Capital Management advises buying Emami with a target price of Rs 499 and Motherson Sumi with a target price of Rs 230.90.
Prakash Diwan of Altamount Capital Management recommends going long on United Phosphorous with a target price of Rs 153.50 and Hindustan Zinc.
Vishal Malkan of malkansview.com advised buying Tata Motors DVR for a target price of Rs 150 and Jaiprakash Power Ventures for a target price of Rs 14.25.
According to Shahina Mukadam of Varun Capital, one may buy Rural Electrification Corporation (REC) with a target of Rs 170 and advises buying Hexaware Technologies.
Lancelot D Cunha of ITI Wealth Management recommended buying LIC Housing Finance with a target price of Rs 177.50 and SKS Microfinance with a target price of Rs 132.50.
Sharmila Joshi of Peerless Securities recommends buying Dabur India with a target of Rs 174 and advises also buying Emami with a target of Rs 525.
Abhishek Agarwal of Fortune Interfinance advised buying Wockhardt with a target price of Rs 880 and Tech Mahindra with a target price of Rs 1220.