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
is of the view that one can buy Havells India and sell Dr Reddy's Laboratories.
Mitessh Thakkar of miteshthacker.com suggests buying Havells India and sell Amara Raja Batteries.
Jay Thakkar of Anand Rathi Securities advises buying Kajaria Ceramics with a and target of Rs 706.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy Ashok Leyland, CESC, Havells India and IRB Infra and can sell Container Corporation of India.,
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9920 and the resistance is at 10036-10069. On the other hand, Bank Nifty has support at 24650 and resistance at 25550.
Ashok Leyland, Mahindra CIE Automotive, and Havells India are on the radar of Geojit Financial Services
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Havells India and Kwality and buy Hindustan Unilever and Biocon while can hold Indo Count Industries.
The firm posted a 16.6 percent year on year (YoY) fall in its net profits for the June quarter at Rs 121.3 crore against Rs 145.6 crore.
ONGC-HPCL merger along with Havells India, Canara Bank and Mindtree, among others are being tracked by analysts today.
Shahina Mukadam, Independent Market Expert is of the view that one may hold Havells India.
Sandeep Wagle of powermywealth.com is of the view that one may hold Havells India.
The Nifty too is chasing 10,000 level which is likely to act as stiff resistance for the index and market should cool off post the event, suggest experts. However, a major decline is not something which analysts’ see unless it gets triggered by a global event.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Century Textiles and sell Havells India.
Bajaj Finserv, Havells India, Indiabulls Housing Finance are on the radar of Religare Securities
Prakash Gaba of prakashgaba.com suggests holding Hindustan Zinc while he feels that support for Havells India is placed at Rs 425.
Gaurang Shah of Geojit Financial Services recommends holding Hindustan Zinc.
Sandeep Wagle of powermywealth.com recommends buying Vedanta and advises selling Havells India.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Havells India and Tata Motors DVR and buy Chambal Fertiliser.
Ashwani Gujral of ashwanigujral.com is of the view that aviation may hit new highs and prefers Axis Bank from the banking space.
Citi has maintained neutral rating on Havells, given rich multiples, still tepid demand environment, and increasing competitive intensity.
Axis Bank, Havells India and Dish TV, among others are being tracked by analysts today.
A vibrant economy and stable currency will make it hard for foreign investors to ignore the theme.
Ashwani Gujral of ashwanigujral.com suggests selling Idea Cellular and Havells India.
In an interview to CNBC-TV18's Surabhi Upadhyay and Latha Venkatesh, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market and specific stocks.
Tata Motors, Axis Bank, pharma and telecom, among others are on the radar of investors on Monday.