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
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his readings and outlook on market and specific stocks.
Sumeet Jain of Destimoney Securities is of the view that one may buy Gujrat Gas with a target of Rs 878.
According to Ashwani Gujral of ashwanigujral.com, one can buy Godrej Properties, Apollo Tyres and GAIL India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland while Voltas and Whirlpool may rally 20-30 percent and Astral Poly may hit Rs 750.
Ashwani Gujral of ashwanigujral.com recommends buying Godrej Properties, Torrent Power and Tata Elxsi.
Morgan Stanley says assuming Rs 5,500 psf (per square foot) average selling price, it estimates Rs 420 crore in sales potential for this project.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Ambareesh Baliga, Independent Market Expert is of the view that one may prefer Godrej Properties, Sobha and Puravankara.
SP Tulsian of sptulsian.com is positive on multinational company (MNC) stocks and is betting on Cummins, GE T&D India, ABB to balance the portfolio.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
Sudip Bandopadhyay, Market Expert likes Oberoi Realty and feels that Godrej Properties is a good stock to enter.
Mitesh Thacker of miteshthacker.com is of the view that one may sell ITC and Coal India.
According to Sanjiv Bhasin of IIFL, one can buy United Spirits at around Rs 2250-2300 and sees the stock price double in two years.
JP Morgan maintains overweight on M&M with target increased to Rs 1605 from Rs 1450 per share. It has also raised FY17/18 estimates by 2 percent to factor in improved tractor guidance. It says SUV launches are risky.
Sanjiv Bhasin of IIFL has a bullish stance on Godrej Properties, Havells India and Tata Global Beverage.
Sanjiv Bhasin of IIFL is of the view that Engineers India is the top pick while he recommends buying Godrej Properties on all declines.
According to AK Prabhakar of IDBI Capital, one may remain invested in Godrej Properties.
In an interview to CNBC-TV18, Sanjiv Bhasin of IIFL shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Motors while he feels that Sobha may test Rs 350-360.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corp, Godrej Properties and Gruh Finance.
According to Amit Gupta of ICICIdirect, Godrej Industries may test Rs 410-415 and prefers Dabur India.
Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL is overweight on Suprajit Engineering, NBCC and Godrej Properties.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Godrej Properties.