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
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Power, Marico, ABB and Firstsource Solutions and advises selling Oil and Natural Gas Corporation.
Rakesh Bansal of RK Global recommends buying BEML with a target of Rs 1313 and Havells India with a target of Rs 455.
Mitessh Thakkar of miteshthacker.com suggests buying Ambuja Cements and Firstsource Solutions.
Prakash Gaba of prakashgaba.com advises holding Firstsource Solutions.
Ruchit Jain of Angel Broking advises buying Havells India with a target of Rs 382.
"We raise SOTP-based target price by 20 percent to Rs 725, largely on account of the higher value of the Haldia project, core business, and CESC's holding in Firstsource," says Nomura.
Prakash Gaba of prakashgaba.com expects good upmove in Sun Pharma with a target of Rs 790 and likes BEML and Coal India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Motors DVR, Firstsource Solutions and VIP Industries.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
SP Tulsian, sptulsian.com, shares his views on Glenmark, PSU bank stocks and why he is bearish on NBFC stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Firstsource Solutions and advises selling TCS and Ambuja Cements.
Prakash Diwan of prakashdiwan.in feels that Firstsource Solutions may move to Rs 55.
Manas Jaiswal of manasjaiswal.com recommends buying Firstsource Solutions with a target of Rs 47.50 and Indian Hotels with a target of Rs 120.
Vineet Bhatnagar, MD at PhillipCapital advises buying Mindtree, Persistent Systems and Firstsource Solutions.
Sudip Bandopadhyay, Market Expert is of the view that one can look at midcap IT, pharma and cement stocks.
Krish Subramanyam of Altamount Capital recommends buying Cadila Healthcare, Firstsource Solutions and Kanoria Chemicals.
CA Rudramurthy of Vachana Investments is of the view that one may sell Jubilant Foodworks with a target of Rs 1333.
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.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Gammon Infra, Mastek, Firstsource, Deep Ind, Coal India, Voltas & Sun Pharma.
Here are top 10 stocks to focus on February 10 - L&T, DLF, Firstsource, Jyoti Structures, Aptech, Hexaware, Voltamp Transformers, Jaypee Infra, JK Tyre and Hindalco.
Mahantesh Sabarad, Deputy Head of Research at SBI-Cap Securities prefers Firstsource Solutions.
According to Mahantesh Sabarad, Deputy Head of Research at SBI Capital Securities, Firstsource Solutions may touch Rs 55.
Mahantesh Sabarad, Deputy Head of Research at SBI Capital Securities has a positive view on Firstsource Solutions.
Rajesh Kothari, Managing Director at AlfAccurate Advisors is positive on largecap IT stocks.