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 Q2FY21, all the tryre companies registered strong EBITDA margins due to cost-cutting, scale benefits and lower commodity and raw material prices.
After the mega booster, most brokerages raised their Sensex and Nifty target by 15-20 percent from September 19's closing levels and also raised earnings estimates for sectors such as banking & financials, FMCG, auto
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18. He shared his readings and outlook on market and specific stocks.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says he is cautious on markets for the next week due to onset of advance tax payment obligations which may lead to selling from domestic institutional investors.
Aashish Tater of FortuneWizard.com feels that Goodyear India may test Rs 705.
Aashish Tater of FortuneWizard.com feels that Goodyear India may move to Rs 650.
Mayuresh Joshi, VP – Institution, Angel Broking believes that lower inflation and interest rates will catalyse investment cycle.
Mayuresh Joshi, VP- Institution at Angel Broking recommends buying Goodyear India, Indian Oil Corporation and Oil India.
SP Tulsian of sptulsian.com feels that Goodyear India may touch Rs 424-425.
Parag Thakkar, Head of Sales at HDFC Securities likes Birla Corporation, Unichem Laboratories and Goodyear India from midcap space.
SP Tulsian of sptulsian.com recommends going long on Dish TV with a target of Rs 54 and Goodyear India with a target of Rs 340.
Goodyear India can touch Rs 380 in the next 12-15 months, says PN Vijay, Portfolio Manager.
Portfolio manager PN Vijay picked Goodyear India and Madras Cement as his multibaggers stocks. He is bullish on these stocks and expects them to fetch better returns going ahead.
Goodyear India can touch Rs 400 in next 12 months, says SP Tulsian, sptulsian.com.
SP Tulsian, sptulsian.com has picked up Visaka Industries and Goodyear. Visaka Industries, he says, is an attractive bet. “The stock can touch Rs 175 in 12 months,†he adds. According to Tulsian, Goodyear can touch Rs 400 in next 12 months.
Buy Goodyear for long term, says Aashish Tater, Head of Research, Fort Share Broking.
SP Tulsian of sptulsian.com is negative on tyre stocks like Apollo Tyres and MRF.
Goodyear India is looking cheap, says SP Tulsian of sptulsian.com.
Accumulated Goodyear India on dips, says Ashish Tater, Fort Share Broking.