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
Jay Thakkar of Anand Rathi advises buying Havells India with a target of Rs 458.
Mitessh Thakkar of miteshthacker.com recommends buying Cadilla Healthcare and Havells India.
Sudarshan Sukhani of s2analytics.com suggests buying BPCL and HPCL and advises selling JSW Steel and Engineers India.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Polaris with a target of Rs 190.
Mitessh Thakkar of miteshthacker.com suggests buying Havells India and Geometric and advises selling Bosch.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Havells India with a target of Rs 450.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Hindustan Petroleum Corporation and Voltas and buy Havells India.
According to Vijay Chopra of enochventures.com, one may keep Havells India in portfolio, may test Rs 500-550.
Rajat Bose of rajatkbose.com is of the view that one may stay invested in Havells India.
According to Ashwani Gujral of ashwanigujral.com, one can buy UPL, Sintex Industries, Gruh Finance and Vedanta.
Ashwani Gujral of ashwanigujral.com recommends selling India Cements, Ashok Leyland and Havells India.
With maintaining hold rating on Havells with a target price of Rs 374, Deutsche Bank says Lloyd division acquisition can complement AC and consumer durables portfolio.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Jindal Steel & Power, HCC and Lloyd Electric and feels that one can buy Maruti Suzuki on declines.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Havells India and Dr Reddy's Labs and advises buying Petronet LNG and Siemens.
While analysts are comfortably placed with the deal‘s pricing, they have highlighted some challenges such as hit in EBITDA margins, lack of synergies, among others, for Havells that will emerge from this deal.
Goldman Sachs says Kotak Mahindra Bank may outperform on improving growth prospects & top quartile EPS growth. Lending book is likely to grow at 25 percent hereon, it feels.
SP Tulsian of sptulsian.com, explains why he is bullish on Petronet LNG. He also discusses key pharma sector likes Cadila Healthcare, Divis Laboratories and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finance, Havells India, Biocon, TVS Motor Company and Century Textiles.
Ashwani Gujral of ashwanigujral.com suggests buying Maruti Suzuki and India Cements while on declines one can buy GAIL India.
Ashwani Gujral of ashwanigujral.com recommends buying Havells India and Rural Electrification Corporation and advises selling Bharat Petroleum Corporation.
Morgan Stanley is underweight on Bank of Baroda, with reduced target at Rs 125 from Rs 135 as valuation is expensive in the context of weak earnings progression. Share price will fall relative to the industry over the next 30 days, it feels.
Rajat Bose of rajatkbose.com is of the view that one can sell Havells India and Bajaj Finance and advises buying Tata Consultancy Services.
Rakesh Bansal of RK Global is of the view that one may buy Havells India with a target of Rs 455.
Rakesh Bansal of RK Global recommends buying BEML with a target of Rs 1313 and Havells India with a target of Rs 455.