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
Mitesh Thacker of miteshthacker.com advises buying Federal Bank and Havells India.
Sandeep Wagle of powermywealth.com advises selling Godrej Industries and suggests buying Havells India.
Ashwani Gujral of ashwanigujral.com suggests buying Delta Corp, IDFC and Havells India.
Sudarshan Sukhani of s2analytics.com advises buying Havells India and suggests selling BEML.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jain Irrigation Systems and Havells India and buy Hindalco Industries.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Rahul Arora, CEO, Nirmal Bang Institutional Equities and Abneesh Roy, Associate Director of Edelweiss Securities shared their readings and outlook Jubilant Foodworks. Rahul Arora also spoke on various stocks.
Sudarshan Sukhani of s2analytics.com is of the viwe that one can buy Aurobindo Pharma, Havells India and LIC Housing Finance.
FTSE and WisdomTree India Earnings Index rebalance is going to take place today. CNBC-TV18's Varinder Bansal tells which stocks are likely to get impacted.
Ruchit Jain of Angel Broking recommends buying Sun Pharma for target of Rs 808 and Havells India with target of Rs 447.
Mitesh Thacker of miteshthacker.com recommends buying TVS Motor and Havells India and likes Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that Bharat Petroleum Corporation can break on the upside.
Gaurav Bissa of LKP Securities is of the view that one can buy Engineers India and Havells India and advises selling Container Corporation of India.
Sudarshan Sukhani of s2analytics.com recommends buying Jain Irrigation and feels that Bajaj Auto, REC and Havells India will head higher.
Ashwani Gujral of ashwanigujral.com recommends buying Crompton Greaves, Indiabulls Housing Finance, Havells India, JK Tyre and Industries and Bharat Forge.
Manish Sharma of derivativetradingresearch is of the view that one may buy Havells India with a target of Rs 420.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Petroleum Corporation and Havells India and advises selling Bharti Infratel.
Sanjiv Bhasin of IIFL has a bullish stance on Godrej Properties, Havells India and Tata Global Beverage.
Ruchit Jain of Angel Broking is of the view that one may buy Union Bank of India with a target of Rs 140.
Sudarshan Sukhani of s2analytics.com recommends buying Havells India and advises selling Bharat Forge and Housing Development and Infrastructure.
According to Pankaj Sharma of Equirus Securities, Exide Industries, Finolex Cables, Havells India and Britannia Industries should benefit from GST.
Rahul Shah of Motilal Oswal is of the view that one can buy Federal Bank and Havells India and feels that JSW Steel may test Rs 1780.
As an investment strategy, Credit Suisse advises to bet on those segment player which have large valuation gap but give higher returns. "Large valuation gap between segment leader and small player sometimes provide an opportunity for higher stock returns to be generated by the smaller company," it adds.
Chandan Taparia of Anand Rathi Securities recommends buying Sun TV, Havells India, Jet Airways and TVS Motor.
Sandeep Wagle of powermywealth.com is of the view that one can buy Mahindra & Mahindra Financial Services, Page Industries and Havells India.
Vishal Malkan of malkansview.com is of the view that one may buy Shriram Transport Finance Corporation with a target of Rs 1300.