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
CIMB maintains add rating Infosys on reasonable valuations with target cut to Rs 1185 from Rs 1250 per share. It has cut FY17-19 EPs by 2-3 percent on client- specific issues and weakening macro. It remains optimistic on medium-to-long term.
Citi has a buy rating on ICICI Bank but reduced target to Rs 300 from Rs 315 per share. It says business/stock is getting closer to a turn and FY18 is likely to be better than FY17. It adds ICICI Bank‘s large, better-valued asset sales could protect profitability.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Bata India and Godrej Consumer Products.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Godrej Consumer Products.
Sudarshan Sukhani of s2analytics.com recommends selling Mindtree and Godrej Consumer but is upbeat on State Bank of India.
Mitesh Thacker of miteshthacker.com recommends selling HDFC and Godrej Consumer and advises buying ONGC and DLF.
Sudarshan Sukhani of s2analytics.com recommends buying Coal India and Hindustan Unilever.
Chandan Taparia of Anand Rathi Securities recommends buying L&T Finance Holdings and Rural Electrification Corporation and advises bull call spread in Reliance Industries.
Chandan Taparia of Anand Rathi Sec advises selling Godrej Consumer Products and advises buying TVS Motor.
Deutsche Bank maintains hold on L&T with a target price of Rs 1325 per share.
Sudarshan Sukhani of s2analytics.com recommends buying Godrej Consumer Products, HDFC Bank and Lupin.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, UltraTech Cement, JK Lakshmi Cement and JK Cement.
Ruchit Jain of Angel Broking is of the view that one may buy Jet Airways with a target of Rs 604.
Sudarshan Sukhani of s2analytics.com recommends buying Godrej Consumer Products, Mahindra and Mahindra Financial Services and UltraTech Cement.
Prakash Gaba of prakashgaba.com is of the view that Tata Consultancy Services may test Rs 2660 while Cadila Healthcare may hit Rs 306.
Amit Harchekar of A Plus Analytics is of the view that one can buy Godrej Consumer Products and Indo Count Industries and short Biocon and Indraprastha Gas.
BoAML sees an impact of less than 2 percent on GCPL‘s FY17 earnings per share (EPS) due to a pressure on margins in the Nigeria business in the near term and loss in translation to Indian rupee.
According to Amit Gupta of ICICIdirect, Godrej Industries may test Rs 410-415 and prefers Dabur India.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, gave his views on various stocks.
Deepak Shenoy of Capitalmind.in prefers Godrej Consumer and PI Industries.
Rajat Bose of rajatkbose.com is of the view that one can sell Godrej Consumer and CSEC and feels that Eicher Motors may hit Rs 18000.
Gaurav Bissa of LKP Securities is of the view that one may buy L&T Finance Holdings with a target of Rs 85.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp and Infosys and advises selling Bharat Forge.
Amit Gupta of ICICIdirect is of the view that Godrej Consumer should move towards Rs 1480.
Gaurang Shah of Geojit BNP Paribas is of the view that one may invest in Godrej Consumer Products and Dabur India.