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
Prakash Gaba of prakashgaba.com is of the view that Indian Oil Corporation can climb to Rs 393 while TVS Motor and Ashok Leyland look weak whereas GAIL India looks good.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bharat Forge, GAIL India and Canara Bank and buy Hindustan Unilever and Adani Ports.
Deutsche Bank says Bharti Airtel's deal with Millicom to combine operations in Ghana reflected continued progress on African restructuring. Hence, the brokerage house assigned buy rating on the stock, with a target price at Rs 400.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Havells India with a target of Rs 450.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel, GAIL India and Hindalco Industries.
Krish Subramanyam of Altamount Capital suggests bear spread in L&T while one can buy 500 Call in GAIL India and sell 520 Call.
DLF, one of the country's largest realty developers, has entered into an exclusive pact with private equity firm GIC to sell a minority stake sale in its rental commercial property arm, DLF Cyber City.
Prakash Gaba of prakashgaba.com is of the view that LIC Housing Finance has target of Rs 562-565.
Krish Subramanyam of Altamount Capital advises buying Larsen and Toubro 1480 Put.
Ashwani Gujral of ashwanigujral.com suggests buying Maruti Suzuki and India Cements while on declines one can buy GAIL India.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money recommends going long in GAIL India and Reliance Capital and advises selling Tata Motors on rise.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Apollo Hospitals, GAIL India and UCO Bank and advises buying Put Options in Tata Motors while one can sell Apollo Tyres and Praj Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Infrastructure, Sun TV Network and GAIL India.
Ashwani Gujral of ashwanigujral.com suggests buying GAIL India and Indraprastha Gas and advises selling Hindustan Unilever.
Sudarshan Sukhani of s2analytics.com suggests buying GAIL India, Eros International Media and Kolte-Patil Developers.
Morgan Stanley is underweight on Bank of Baroda, with reduced target at Rs 125 from Rs 135 as valuation is expensive in the context of weak earnings progression. Share price will fall relative to the industry over the next 30 days, it feels.
Krish Subramanyam of Altamount Capital is of the view that one can buy Zee Entertainment with target of Rs 540 while one can buy 490 Call in GAIL India and sell 520 Call.
Sumeet Jain of Destimoney Securities recommends buying BGR Energy with a target of Rs 150 and Orient Paper with a target of Rs 89.
According to Ashwani Gujral of ashwanigujral.com, one can sell GAIL India and HCL Technologies and buy JSW Steel.
Prakash Gaba of prakashgaba.com likes LIC Housing Finance with target of Rs 575.
Nomura maintains buy call on Maruti with target price increased to Rs 6922 from Rs 6576 per share. It has raised volume estimated by 6 percent/ 5 percent/ 4 percent for FY17/18/ 19 on lower demonetisation impact. It sees a strong volume CAGR of 13 percent over FY17-19.
Jay Thakkar of Sharekhan is of the view that one may buy Anant Raj with a target of Rs 45.40.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Vedanta, Kotak Mahindra Bank and GAIL India.