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
Vijay Chopra of enochventures.com feels that Glenmark Pharma may touch Rs 1100.
Amit Gupta of ICICIdirect is of the view that Glenmark Pharma should start performing with a traget of Rs 980.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma, Arvind and Alstom T&D and sell Andhra Bank.
Sameet Chavan of Angel Broking advises buying BEML with a target of Rs 972.
Ashwani Gujral of ashwanigujral.com recommends selling Vedanta and Apollo Tyres and buy Glenmark Pharma.
Citi has a buy call on the stock with a target of Rs 790 per share, saying it remains top pick amongst small caps after quarterly earnings.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma and ICICI Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma and JSW Energy.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Yes Bank, Apollo Tyres, PNB and pharma stocks and advises selling HDFC and ITC.
Sandeep Wagle of powermywealth.com is of the view that one can buy Glenmark Pharma, IRB Infra and Tata Steel.
Mitesh Thacker of miteshthacker.com recommends buying Glenmark Pharma and sell Cairn India.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Glenmark Pharma and PNB.
Mitesh Thacker of miteshthacker.com recommends selling Ceat, Ambuja Cements, Glenmark Pharmaceuticals and Shriram Transport Finance and buy Taj GVK Hotels & Resorts.
Watch the interview of Ajay Bodke of Prabhudas Lilladher with Latha Venkatesh, Anuj Singhal & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
CLSA says large deal loss puts FY17 guidance of Infosys at risk after weak Q1. It may impact FY17 revenue by USD 50-100 million and FY18 revenue by USD 100-200 million. Its sya RBS deal cancellation puts FY17 revenue guidance at risk by 0.5-1 percent.
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
Rakesh Bansal of RK Global advises buying Dhampur Sugar with a target of Rs 142.
Rajat Bose of rajatkbose.com recommends selling Glenmark Pharma and feels that Bharat Financial Inclusion may test Rs 780-810.
Sudarshan Sukhani of s2analytics.com is of the view that one may see imminent break out in BPCL and has Glenmark Pharma as the choice for the day.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
Sandeep Wagle of powermywealth.com recommends buying Power Grid and BHEL and advises selling Glenmark Pharma while Maruti Suzuki may test Rs 4800.
Neeraj Deewan of Quantum Securities is of the view that Glenmark Pharma may test Rs 900 in next 5-6 months.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer Glenmark Pharma, Alembic Pharma and Alkem Laboratories.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the fundamental side of the market as well as on specific stocks and sectors.
According to Krish Subramanyam of Altamount Capital, one may buy Idea Cellular with a target of Rs 111.