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 has a sell on Cummins India below Rs 880, stop loss of Rs 896 for target of Rs 850 and a buy on Godrej Consumer with a stop loss of Rs 962 for target of Rs 1015.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Biocon and SRF while one can hold Godrej Consumer and advises selling Larsen & Toubro and Pidilite Industries.
While Q1 2018 was impacted by severe destocking in the trade channel due to GST, Q2 2018 witnessed a sharp recovery partly led by restocking and festive season demand recovery. Average volume growth in Q2 2018 has been 6.2 percent YoY (vs. -6.3 percent in Q1 2018) led by Emami, Godrej consumers, Marico and Dabur.
Credit Suisse has an outperform rating on Godrej Consumer while Jefferies has maintained a hold rating on the stock with target price of Rs 1,020.
Tech Mahindra, Godrej Consumer and JSW Energy, among others, are on the radar of investors on Thursday.
Ashwani Gujral of ashwanigujral.com suggests buying Godrej Consumer, HDFC, Hindustan Unilever, Raymond, Uflex, Avanti Feeds and Mahanagar Gas.
Mitessh Thakkar of mitesshthakkar.com has recommends a buy on Mangalore Refinery and Petrochemicals which has a positive candlestick pattern with a stop loss of Rs 131 for target of Rs 140 while Ashwani Gujral of ashwanigujral.com has a buy on Maruti Suzuki with a stop loss of Rs 8000, target of Rs 8250.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, Hindustan Zinc and India Cements and can sell LIC Housing Finance and Godrej Consumer Products.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Consumer Products, JSW Steel and L&T Finance Holdings and can sell Bharti Airtel and Cummins India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Hindustan Unilever, Bata India and Godrej Consumer and can sell Cummins India and Dish TV.
Ashwani Gujral of ashwanigujral.com suggests buying TVS Motor Company, Kotak Mahindra Bank and Godrej Consumer Products.
Global brokerage house, Nomura, upgraded its rating to neutral from reduce and increased the target to Rs 990 from Rs 945.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy GAIL India, Hindustan Zinc and Mindtree and can sell Pidilite Industries and Strides Shasun.
Mitessh Thakkar of mitesshthakkar.com suggests selling Godrej Consumer Products and Marico.
Ashwani Gujral of ashwanigujral.com advises selling Bata and Godrej Consumer.
Ashwani Gujral of ashwanigujral.com advises buying Godrej Consumer Products.
The idea behind creating ‘wealth’ is to find companies which can outperform benchmark indices in a Bull Run and contain damage when the equity markets decide to head south.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Consumer Products, Petronet LNG, L&T Finance Holdings and Bajaj Finance and exit Infosys.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Berger Paints, Motherson Sumi and UltraTech Cement and sell Godrej Consumer Products.
Kotak Mahindra Bank, Sun Pharmaceuticals, and United Breweries, among others are on the radar of investors on Wednesday.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Godrej Industries, Godrej Consumer Products, Hindustan Unilever and Bajaj Finance.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Steel, Godrej Consumer Products and IndusInd Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy United Spirits and SREI Infra and sell Apollo Tyres and Ceat.
Sudarshan Sukhani of s2analytics.com suggests selling Godrej Consumer, UPL and Sun TV Network and advises buying IGL and Bharat Forge.
In an interview to CNBC-TV18's Surabhi Upadhyay and Anuj Singhal, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.