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
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
CLSA says HDFC remains its top pick in financials segment as the expansion of subsidy scheme by government is positive for housing finance companies.
Prakash Gaba of prakashgaba.com is of the view that one can buy Bajaj Auto, Bank of India and HCL Technologies.
According to Ashwani Gujral of ashwanigujral.com, one can buy Vijaya Bank, Marico and HCL Technologies.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NMDC, Granules India and Jet Airways.
Mitessh Thakkar of miteshthacker.com recommends buying HCL Technologies and Karnataka Bank while he feels that above Rs 1020, Infosys may head to Rs 1080.
CLSA says if Kotak Mahindra Bank and Axis Bank merged then the merged entity would be among the largest private banks and the merger would allow banks to capitalise on individual strengths.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com suggests selling HPCL and UPL and advises buying HCL Technologies.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy United Spirits with a target of Rs 2510.
Mitessh Thakkar of miteshthakkar.com is of the view that one may buy HCL Technologies and Kaveri Seed Company.
According to Ashwani Gujral of ashwanigujral.com, one can sell GAIL India and HCL Technologies and buy JSW Steel.
According to Sudarshan Sukhani of s2analytics.com, one can avoid Infosys.
CLSA retains buy call on Bharti Airtel but lowered target price to Rs 393 from Rs 398 per share as decline in revenue is hit by double whammy of demonetisation and Jio's free offers.
Rajat Bose of rajatkbose.com is of the view that HCL Tech may test Rs 900.
Sharmila Joshi of sharmilajoshi.com recommends holding HCL Technologies.
According to Chandan Taparia of Anand Rathi Securities, one can buy Grasim Industries, Hindustan Petroleum Corporation and HCL Technologies and advises selling Coal India.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his reading and outlook on the fundamentals of the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, BEML, Escorts, Welspun India, HPCL and United Spirits.
Neeraj Deewan of Quantum Securities is of the view that one can hold on to HCL Technologies.
Market expert SP Tulsian of sptulsian.com is positive on PTC India, a power trading company which is going to be a big beneficiary of the huge capex in the transmission and distribution space and the huge offtake of power by the discoms.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate affairs at IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
According to Prakash Gaba of prakashgaba.com, Federal Bank can test Rs 70 while HCL Tech may hit Rs 852.