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
"We are bullish on Eros International Media at current market price as we believe there is room for upside after robust Q4FY18 results. We recommend a buy with a target of Rs 180 by FY19 end," says Akash Jain, Vice President - Equity Research at Ajcon Global.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals, CG Power and SREI Infra.
Rajat Bose of rajatkbose.com recommends buying Maruti Suzuki, L&T Finance Holdings, Eros International and Bharat Electronics.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Century Textiles with a target of Rs 1100.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Poly and sell HPCL and Vedanta.
Sudarshan Sukhani of s2analytics.com suggests buying GAIL India, Eros International Media and Kolte-Patil Developers.
Rajat Bose of rajatkbose.com advises holding Eros International Media.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today -- stocks expected to gain are HUL, Cox & Kings, Motherson Sumi, Reliance Communication, Bharti Infratel, IDBI Bank, Crompton Consumer, Cairn, Eros International while stocks expected to be under pressure are Yes Bank, TCS, SAIL, JSPL, Puravankara.
Rajat Bose of rajatkbose.com is of the view that Eros International Media may test Rs 235 and recommends buying CESC.
Jay Thakkar of Sharekhan recommends buying Allahabad Bank with target of Rs 82.20 and Eros International with a target of Rs 239.80.
Rajat Bose of rajatkbose.com is of the view that one may probably see good move in Eros International Media and recommends selling Mahindra & Mahindra.
Rajat Bose of rajatkbose.com likes Eros International with a target of Rs 222.70 and feels that Apollo Tyres may hit Rs 165.
CA Rudramurthy BV of Vachana Investments advises buying Cairn India with a target of Rs 166.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 399.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Eros International Media.
Porinju Veliyath, MD & Portfolio Manager, Equity Intelligence India feels that media space can give 15-20 percent compounding return.
Jay Thakkar of Sharekhan is of the view that one mau sell TVS Motor with a target of Rs 319.
Sharmila Joshi of sharmilajoshi.com suggests holding Eros International.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Eros International.
According to Vishal Malkan of malkansview.com, one may hold Eros International.
Here are top 10 stocks picked up by CNBC-TV18's analysts in trade today - IDBI Bank, Indiabulls Real Estate, Marksans Pharma, Marico, NBCC, Sun Pharma, Interglobe Aviation, Cadila, HDIL, Eros International, Godrej Properties and Raymond.
Jigar Shah of Kim Eng Sec India is of the view that one may prefer Eros International Media.
BoAML believes it is likely to take several quarters to restore investor risk appetite for Eros as value recovery is now highly dependent on further operational execution, including reducing accounts receivables to USD 150-160 million by FY16 driving positive free cash flow and offering more tangible signs of Eros Now monetisation.
Vishal Malkan of malkansview.com advises selling CESC with a target of Rs 540.
Krish Subramanyam of Altamount Capital is of the view that one can buy Cadila Healthcare, Sun TV, Eros International and VIP Industries.