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
Sanjay Dutt, Director of Quantum Securities is underweight on pharma and IT space.
Gaurang Shah of Geojit BNP Paribas Financial Services is of the view that one may prefer Tech Mahindra and HCL Technologies.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Tata Consultancy Services and HCL Technologies on rally.
According to Siddarth Bhamre of Angel Broking, one may look at Wipro and HCL Technologies from trading perspective with positive bias rather than Infosys.
Sudarshan Sukhani of s2analytics.com is of the view that one may short Tata Consultancy Services, HCL Technologies and Tech Mahindra.
Sudarshan Sukhani of s2analytics.com is of the view that HCL Technologies, Infosys, Tata Consultancy Services and Tech Mahindra deserve a buy.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech.
Kunal Bothra, Head of Advisory at LKP recommends buying Dishman Pharma for a target of Rs 400.
Gaurav Bissa of LKP Securities advises buying HCL Technologies with a target of Rs 900.
Gaurang Shah of Geojit BNP Paribas Financial Services advises exiting Cyient and look at HCL Technologies.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC, HCL Technologies and United Breweries.
Chandan Taparia of Anand Rathi Securities expects HCL Technologies to retest Rs 780-790.
According to Sudarshan Sukhani of s2analytics.com, one can buy HCL Technologies.
R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher is overweight on financials and likes Tata Motors.
Ravi Menon, Analyst-IT Services at Elara prefers HCL Tech and Infosys over TCS and advises buying Cyient.
CK Narayan, MD of Growth Avenues is cautious on HCL Technologies.
Girish Pai, Head of Research at Nirmal Bang Institutional Equities likes Infosys and HCL Technologies from the IT space and has a price target of Rs 990 in HCL Tech.
Even as Infosys posted a strong set of numbers, the company shares headed lower focusing on the negative piece of news emerging out of the declaration: that the earnings included a small one-off component and that it had lowered its earnings guidance.
Prakash Diwan of Altamount Capital Management advises buying HCL Technologies on declines.
Sudarshan Sukhani of s2analytics.com recommends buying HCL Tech.
Dipan Mehta, Member at BSE & NSE is of the view that one may stay away from the IT space.
Sudip Bandopadhyay, Market Expert is of the view that HCL Technologies looks attractive.
Hemant Thukral of Aditya Birla Money is of the view that Infosys looks strong for a target of Rs 1240 and feels that TCS may hit Rs 2680-2700.
Jai Bala of 1857 Advisors recommends staying away from HCL Technologies.
Sudip Bandopadhyay of Destimoney Securities has a cautious view on HCL Tech.