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
Nomura has a buy rating on ICICI with target price at Rs 325 per share as watchlist resolution was on expected lines in Q2.
Bank of America Merrill Lynch maintains buy on Lupin with regulatory overhang over valuations should recede post Goa Establishment Inspection Report (EIR). Goa plant accounts for over 50 percent of current supplies to US. It believes the stock should re-rate driven by near-term catalysts and due to faster ramp-up in Gavis portfolio.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
CLSA maintains outperform rating on UltraTech Cement and raised target price to Rs 4425 per share from Rs 3900 per share as Q2 results ahead of estimate. It says demand pick-up and better cement pricing are key potential earnings growth drivers.
CLSA upgrades it to buy from outperform but lowered earnings forecasts by 3-5 percent to factor in higher credit costs. It has increased target to Rs 175 from Rs 170 per share. It says valuations are attractive and it is a better franchise than most PSU banks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Gujarat Pipavav and sell NTPC and Tata Motors.
Ashwani Gujral, fund manager at ashwanigujral.com is of the view that one can buy Bata India, Gujarat Pipavav Port and Aurobindo Pharma.
Jay Thakkar of Sharekhan suggests buying Wockhardt with a target of Rs 1009.
Jay Thakkar of Sharekhan recommends buying Pidilite Industries with a target of Rs 612.50 and Gujarat Pipavav Port with a target of Rs 164.
Rajat Bose of rajatkbose.com recommends selling Gujarat Pipavav Port for a target of Rs 135.
SP Tulsian of sptulsian.com feels that Gujarat Pipavav may touch Rs 175-176.
Taher Badshah of Motilal Oswal AMC is of the view that one may hold Gujarat Pipavav Port.
Mehraboon Irani of Nirmal Bang Securities is of the view that one may prefer HDFC Bank and Dalmia Bharat.
Manish Sharma of Destimoney Securities advises selling Bharat Electronics with a target of Rs 3150.
Dhananjay Sinha, Head-Instl Research of Emkay Global Financial Services is of the view that Ahluwalia Contracts is the top pick and feels that one may consider Larsen & Toubro.
Kunal Bothra, Head of Advisory at LKP Securities is of the view that Gujarat Pipavav Port may hit Rs 240.
Sachin Shah, fund manager at Emkay Investment Managers is of the view that one may prefer Gujarat Pipvav Port.
Pritesh Mehta of IIFL recommends buying Bharat Petroleum Corporation with a target of Rs 870 and Gujarat Pipavav Port with a target of Rs 270.
Pankaj Jain of Sunteck Wealthmax Capital recommends buying Gujarat Pipavav Port and OnMobile Global.
Here are top 10 stocks to focus on December 23 - HDFC, SBI, Bank Nifty, Ipca Labs, HCL Tech, Intellect Design Arena, Max India, Rel Cap, NTPC and Gujarat Pipavav.
Here are top 10 stocks to watch on November 5 - JSPL, Thermax, Aban, IOB, Greaves Cotton, Guj Pipavav, Peninsula Land, Hitachi Home, Wockhardt and Torrent Power.
In a 57-page report, analysts at Citi discussed prospects for the sector, and outlined three stocks – Adani Ports and SEZ, Container Corporation and Gujarat Pipavav – that they believe could be potential beneficiaries of an expected economic turnaround.
Here's why brokerages have a BUY call on Hexaware, L&T, Maruti and Gujarat Pipavav.