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
Kotak Mahindra Bank, RIL and HDFC Bank, among others, are being tracked by investors on Monday.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Steel Authority of India and DCB Bank and can buy Zensar Technologies.
Rajat Bose of rajatkbose.com recommends buying HDFC Bank, Repco Home and United Spirits.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Yes Bank, Tata Elxsi and Sun Pharmaceutical Industries and can sell Mahanagar Gas and Berger Paints.
The liquidity drive which pushed benchmark indices to record highs also pushed many stocks especially in the small and midcap space to valuations beyond their historic averages.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Consultancy Services.
Chandan Taparia of Motilal Oswal Securities is of the view that one may buy HDFC Bank, ACC and Zee Entertainment Enterprises.
Mayuresh Joshi of Angel Broking positive on HDFC and HDFC Bank.
Mitessh Thakkar of mitesshthakkar.com advises buying HDFC Bank.
Prakash Gaba of prakashgaba.com is of the view that one may pick GNFC and HDFC Bank.
According to Chandan Taparia of Motilal Oswal Securities, one may buy Hindustan Unilever, HDFC Bank, and Arvind.
Mitessh Thakkar of miteshthacker.com recommends buying Escorts and Britannia Industries.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, Uflex and Delta Corp.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Asian Paints and DCB Bank and can sell Bharti Infratel.
Ashwani Gujral of ashwanigujral.com advises buying Tata Global Beverage, JM Financial and Havells.
The global investment bank has increased target price for the stock to Rs 2,500 from Rs 2,200 per share as the bank is well placed to show strong growth.
Morgan Stanley has maintained its overweight rating on HDFC Bank, with increased target price at Rs 2,500 from Rs 2,200 per share as HDFC Bank remains a compounder with earnings rising at more than 20 percent.
HDFC Bank board approves fund raising to the tune of Rs 24,000 crore. In an interview with CNBc-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities discussed about the same.
Mitessh Thakkar of miteshthacker.com recommends buying HDFC Bank, Lupin, Larsen & Toubro and Delta Corp.
HDFC twins are making news on the back of their fund raising - Rs 13,000 crore of which Rs 8,500 crore goes to HDFC Bank to apply in the preferential share issue that HDFC Bank will hopefully announce today. In an interview with CNBC-TV18, Kunal Shah of Edelweiss Financial Services discussed about the same.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC Bank, PC Jeweller, Tata Global Beverage and PVR and can sell Kaveri Seed Company.
Nomura expects faster earning growth from HDFC Bank over the next 2-3 years.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC Bank, Zee Entertainment, Bharat Forge, Adani Power and PSU banks.
Sudarshan Sukhani of s2analytics.com expects market to move higher and recommends picking private banks including HDFC Bank and ICICI Bank along with Infosys, HCL Tech, Biocon and Bata India.
Ashwani Gujral of ashwanigujral.com suggests buying Indian Oil Corporation, Canara Bank and ICICI Bank.