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
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
According to Sudarshan Sukhani of s2analytics.com, one can buy Havells India, IndusInd Bank and Marico and advises selling Divis Labs.
Ashwani Gujral of ashwanigujral.com recommends buying BPCL and Havells India and advises selling Bajaj Finance.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Havells India and sell Hero MotoCorp.
Citi slashed target price on Havells India to Rs 401 (from Rs 445 earlier) following cut in revenue estimates due to currency demonetisation. However, it has maintained buy rating on the stock due to strong distribution network, established brand and potential to benefit from any rebound in demand in FY18 onwards.
Morgan Stanley has downgraded LIC Housing to equal-weight from overweight with target cut to Rs 560 from Rs 700 per share. It says meaningful cut by banks raised risk of higher prepayments pressure for housing finance companies.
According to Prakash Gaba of prakashgaba.com, Havells India can climb to Rs 450 and feels that HPCL looks good for target of Rs 350.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Havells India and Axis Bank.
Sandeep Wagle of powermywealth.com is of the view that one can buy Arvind and Havells India and advises selling NIIT Technologies.
Mitesh Thacker of miteshthacker.com recommends buying Adani Power and Havells India.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Sun TV Network with a target of Rs 513.
Sudarshan Sukhani of s2analytics.com suggests buying TCS, BEML and Bharat Financial Inclusion and advises selling Sun TV.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Axis Bank and HCL Tech and buy Havells India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Havells India and Canara Bank and buy UltraTech Cement.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Federal Bank, Havells India and REC and buy Glenmark Pharma and Mahindra Holidays.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Motherson Sumi Systems and Can Fin Homes and sell Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Biocon and Mindtree and sell Havells India.
According to Sandeep Wagle of powermywealth.com, one can buy Biocon and UCO Bank and sell Havells India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and MMTC and sell Havells India.
Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles, Havells India and Indiabulls Real Estate.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com recommends selling Shriram Transport Finance, Sun Pharma and Cadila Healthcare.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Copper, Adani Transmission and Siemens and sell IRB Infra and Havells India.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management, spoke about his reading of the market and his outlook on various stocks.