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
The Nifty Midcap and Smallcap indices rallied nearly 7 percent and 10 percent in March, and since February 19, both indices surged 11 percent and 15 percent respectively.
Now all eyes are on corporate earnings and Karnataka elections along with crude oil movement, experts suggest.
The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
Consumer and light electric companies hit fresh 52-week high after the Goods and Services Tax (GST) Council on Friday decided to slash rates on more than 175 items, reducing taxes on these from the existing 28 percent.
The 2-day GST council meeting is underway and the outcome is expected on Friday.
At CMP of Rs.496, the stock is trading at PE of 20.5x its FY18E EPS & 17x its FY19E EPS. We are initiating our coverage on Finolex Cables Limited with “BUY” recommendation and target price of 640 per share
Traders might have to brace for tough days ahead of expiry on Thursday but any dips are a welcome opportunity for investors to go shopping for their favourite stocks
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ashok Leyland, HDFC, Vedanta and Canara Bank and sell Cummins India.
Here are three stock recommendations from Anand Rathi Share & Brokers
Ujjivan Financial Services, Bharat Electronics, and Finolex Cables are on the radar of Geojit Financial Services
Mitesh Thacker of miteshthacker.com is of the view that one can buy Indraprastha Gas and Voltas and sell Divis Lab, Finolex Cables.
According to Ashwani Gujral of ashwanigujral.com, one may sell Dewan Housing Finance Corporation and HDFC Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Finolex Cable and Infosys and sell DLF.
Prakash Gaba of prakashgaba.com is of the view that CCL Products may test Rs 275 while Finolex Cables may hit Rs 420.
Every sector will be impacted by the GST. CNBC-TV18 brings to you GST-based stock ideas from Pankaj Sharma of Equirus Securities and Jigar Shah of Kim End Sec India.
According to Pankaj Sharma of Equirus Securities, Exide Industries, Finolex Cables, Havells India and Britannia Industries should benefit from GST.
In an interview to CNBC-TV18, Pankaj Sharma of Equirus Securities shares his views on FMCG space and expects better volumes with Britannia Industries as a good choice.
Prakash Gaba, Technical Analyst at prakashgaba.com is of the view that Bank of India may test Rs 97 while Canara Bank may hit Rs 210.
Nooresh Merani of Asian Market Securities is of the view that one may buy Finolex Cables and Reliance Infrastructure.
Ravi Shenoy, VP-Midcaps Research, Motilal Oswal Sec in an interview to CNBC-TV18 explained the rationale for having a sell rating on DCB bank and buy rating on Dish TV, Voltas India, Finolex Cables and Eveready Industries.
In an interview to CNBC-TV18, Kamlesh Kotak, Head of Research, AMSEC shares his list of hits and misses post Q4 earnings.
Kamlesh Kotak, Head of Research at AMSEC is of the view that one can buy Finolex Cables.
Pritesh Mehta of IIFL is of the view that one can buy Finolex Cables with a target of Rs 305.
Shahina Mukadam of Varun Capital recommends buying Finolex Cables for a target price of Rs 276 and Apollo Tyres for a target price of Rs 249.