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
JSPL, NCC and Bajaj Auto, among others, are on the radar of investors on Wednesday.
Sharmila Joshi of Sharmilajoshi.com is of the view that one may prefer Titan Company.
Ashwani Gujral of ashwanigujral.com advises buying Motherson Sumi, Balkrishna Industries and Future Retail.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Marico and can sell Tech Mahindra and Crompton Greaves.
Nomura has initiated coverage on the stock with a buy rating. It has set a target price of Rs 476, implying 46.6 percent potential upside.
A private sector bank, a housing finance company, among others are on the watchlist of analysts today.
In an interview to CNBC-TV18's Anuj Singhal & Sonia Shenoy, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks.
Himanshu Nayyar, VP-Consumer & Retail at Systematix Shares & Stocks likes Aditya Birla Fashion over Arvind.
Himanshu Nayyar, VP-Consumer & Retail at Systematix Shares & Stocks is of the view that one may prefer Aditya Birla Fashion and Future Retail from the retail sector.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Noted fund manager Porinju Veliyath who turned bullish on Future group, and in particular, Future Consumer, says the share rally in group stocks is just the start.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com gave his outlook on BHEL, Amtek Auto, Future Retail and MRPL.