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
Phani Sekhar, Fund Manager at Angel Broking feels that one may sell GMR Infrastructure on rally.
Manas Jaiswal of manasjaiwal.com suggests buying Shree Renuka Sugars with a target of Rs 20 and GMR Infrastructure with a target of Rs 21.
Hemant Thukral of Aditya Birla Money feels that Punj Lloyd may touch Rs 34. “One may keep stoploss at Rs 23-23.50,†he adds.
Sharmila Joshi of Peerless Securities recommends buying Polaris Financial Technology with a target of Rs 120 and United Phosphorous with a target of Rs 142.
Pankaj Jain of Sunteck Wealthmax advised buying YES Bank with a target price of Rs 306 and Jaiprakash Power Ventures with a target price of Rs 15.75.
Mayuresh Joshi, VP Institution of Angel Broking recommends selling GMR Infrastructure on rallies and advises looking at Sun Pharmaceutical Industries and KPIT Cummins.
Aashish Tater of Fortunewizard.com recommends buying GMR Infrastructure with a target of Rs 16.50 and advises selling YES Bank for a target of Rs 216.
Aashish Tater of Fortunewizard.com advised going short in YES Bank August futures with a target price of Rs 216 and buying GMR Infrastructure long with a target price of Rs 14.50.
Pankaj Jain of Sunteck Wealthmax advised buying LIC Housing Finance with a target price of Rs 181.50 and HDIL with a target price of Rs 37.95.
According to Abhishek Agarwal of Fortune Interfinance, one may buy Bata India with a target price of Rs 950 with a stop loss of Rs 860 and advises buying Allahabad Bank with a target price of Rs 84 and a stop loss of Rs 77.
One can short Dena Bank for a target price of Rs 59.50 and Bank of India for a target price of Rs 190, says Sharmila Joshi of Peerless Securities.
Prakash Diwan of Altamount Capital Management recommends going long on GMR Infrastructurewith a target price of Rs 17.25 and a stop loss of Rs 16.25 and go long on MindTree with a target price of Rs 991 and a stop loss of Rs 937.
Prakash Diwan of Altamount Capital Management recommended buying GMR Infrastructure with a target price of Rs 17.25 and Mindtree with a target price of Rs 991.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management says that GMR Infrastructure has been in a very sideways to downtrend and one may see a bigger fall this year.
One may look to exit IVRCL, Lanco infrastructure and GMR as they want to de-leverage their balance sheets, says SP Tulsian of sptulsian.com.
Jagannadham Thununguntla of Strategist & Head of Research, SMC Global Securities advises to exit Educomp Solutions.
SP Tulsian of sptulsian.com advised selling JSW Steel with a target price of Rs 702 and selling Jaiprakash Associates with a target price of Rs 62.
Sharmila Joshi of Peerless Securities advised buying Sterlite Industries, GSPL, Videocon Industries and GMR Infrastructure.
Sharmila Joshi of Peerless Securities advised buying Sterlite Industries with a target price of Rs 96.50. Meanwhile, Parag Doctor of Keynote Capital advised buying Britannia Industries with a stoploss at Rs 700 and for a target price of Rs 750.
Sahil Kapoor of Edelweiss is of the view that, one can take long positions in GMR Infrastructure above Rs 23-23.50 levels.
Ashish Chaturmohta of Fortune Equity Brokers says one should avoid HDIL, Unitech or GMR Infra for creating any longs at this point of time.
Manas Jaiswal of manasjaiswal.com is bullish on DLF & Bharat Heavy Electricals (BHEL). He has recommended buying these stocks.
Vishal B Malkan of malkansview.com feels that GMR Infrastructure can touch high of around Rs 27-28 in the next couple of weeks.
GMR Infra may rally to Rs 27, says Jitender Kumar of SBI Cap Securities.
Shahina Mukadam of Varun Capital recommended buy rating on VIP Industries, Sun TV Network, Emami and GMR Infrastructure.