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
Ashwani Gujral of ashwanigujral.com recommends buying Rashtriya Chemicals and Fertilisers, State Bank of India and Gujarat State Petronet.
Vishal Malkan of malkansview.com advises selling Power Finance Corporation with target of Rs 115.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Kotak Mahindra Bank, Bajaj Auto, Gujarat State Petronet and Sharda Cropchem and can sell SAIL.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial, Anant Raj Industries, Muthoot Finance, IIFL Holdings and Gujarat State Petronet.
According to Ashish Kyal of Waves Strategy Advisors, one may buy Gujarat Fluorochemicals with a target of Rs 765.
Ashish Kyal of Waves Strategy Advisors advises buying Natco Pharma with a target of Rs 965.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
Kotak expects GSPL's blended tariffs to increase by around 10 percent in FY17 as PNGRB (Petroleum and Natural Gas Regulatory Board) would amend tariff calculation methodology addressing industry concerns.
According to Mitessh Thakkar of miteshthacker.com, one can buy Hexaware Technologies, Gujarat State Petronet and Star Paper Mills and advises selling United Breweries.
Sumeet Jain of Destimoney Securities is of the view that one may sell DCB Bank with a target of Rs 113.
Gaurang Shah, Head Investment Strategist at Geojit BNP Paribas is positive on Gujarat State Petronet.
Mitesh Thacker of miteshthacker.com recommends buying Kotak Mahindra Bank, Arvind, Greaves Cotton and Muthoot Finance.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Earnings upgrade cycle is key to sustaining valuations that otherwise look slightly stretched at 17-18 times forward earnings, says the Citi note
Sameet Chavan of Angel Broking suggests buying Apollo Tyres with a target of Rs 157.
Sameet Chavan of Angel Broking is of the view that one may buy Ceat with a target of Rs 840.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bank of Baroda, Canara Bank, ONGC and Gujarat State Petronet.
Manish Sharma of derivativetradingresearch.com suggests buying Reliance Capital with a target of Rs 400.
Anish Damania, head of institutional equities at IDFC Securities is bullish on Gujarat Gas Company and Gujarat State Petronet Limited.
"A 10 percent increase in tariff transmission leads to 20 percent improvement in bottomline for GSPL," Jal Irani, Sr VP - Wholesale Capital Markets, Edelweiss Financial Services.
Dipan Mehta, Member at BSE & NSE is of the view that one may avoid gas transportation companies.
Dipan Mehta, Member of BSE & NSE is of the view that one may avoid DLF, Gujarat State Petronet and Financial Technologies.
Akshata Deshmukh of Networth Stock Broking recommends buying Oracle Financial Services Software for a target price of Rs 3,350 and Idea Cellular for a target price of Rs 154.
According to Manas Jaiswal of manasjaiswal.com, one can buy Gujarat State Petronet with a target of Rs 106.
Manav Chopra of Nirmal Bang recommends buying Idea Cellular with a target of Rs 169 and Maharashtra Seamless with a target of Rs 202.