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
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Punj Lloyd, SRF, CESC, Petronet LNG, Power Finance Corporation, Oriental Bank of Commerce, Bank of India and HDFC Bank.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his view on construction companies after the Cabinet today tweaked arbitration norms to get stalled projects moving.
According to Ashwani Gujral of ashwanigujral.com, one can buy UltraTech Cement, HDFC Bank, Oriental Bank of Commerce, Jubilant Life Sciences and Muthoot Finance.
Sudarshan Sukhani of s2analytics.com recommends buying cement stocks, HDFC and HDFC Bank and advises selling Kaveri Seed and Container Corporation of India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy UltraTech Cement, Bharat, HDFC Bank and Financial Inclusion.
In an interview to CNBC-TV18, Sandeep S Shenoy of Pioneer Investcorp shared his readings and outlook on the market, specific stocks and sectors.
Mitesh Thacker of miteshthacker.com recommends buying HDFC Bank and Reliance Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini, HDFC Bank and Bharat Financial Inclusion.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Maruti Suzuki, HDFC Bank and Motherson Sumi Systems.
Mitesh Thacker of miteshthacker.com is of the view that one can go long in private banks and short PSU banks and advises shorting IFCI.
In an interview to CNBC-TV18, Ajay Bodke, CEO & Chief Portfolio Manager (PMS) at Prabhudas Lilladher Pvt. Ltd shared his readings and outlook on market, specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell KPIT Technologies and buy Tata Global Beverage.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Ceat, Dr Reddy's Labs, Container Corporation of India and Vedanta.
Prakash Gaba of prakashgaba.com is of the view that HDFC Bank can test Rs 1370 while UPL may hit Rs 600.
Mukul Kochhar, Head Of Institutional Sales (India) at Investec Capital Services, tells CNBC-TV18 why HDFC Bank should be a core portfolio constituent and if Infosys looks attractive after its Q1 results-triggered correction.
Citi has a buy call on ITC with target increased to Rs 295 from Rs 260 per share as cigarette volumes rebound to 3-4 percent in Q1 YoY. Goldman Sachs also reiterates buy rating with improving volume trend to lead to valuation convergence.
Vijay Chopra of enochventures.com is of the view that one may keep HDFC Bank in portfolio.
According to Prakash Gaba of prakashgaba.com, one may pick HDFC Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Godrej Consumer Products, HDFC Bank and Lupin.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank, LIC Housing Finance and Bharat Financial Inclusion.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Lupin, HDFC Bank and Bharti Airtel.
Earnings upgrade cycle is key to sustaining valuations that otherwise look slightly stretched at 17-18 times forward earnings, says the Citi note
Credit Suisse says GST is a major negative for alcohol companies as they are kept out of GST and earnings could get hit by 15-20 percent in FY18. It says input cost inflation could hit margin by 150-200 basis points. Input taxes on raw materials may become stranded with no offsets.
Jay Thakkar of Sharekhan is of the view that one may buy Sundram Fasteners with a target of Rs 202.
JK Jain of Karvy Stock Broking is of the view that one can buy HDFC Bank and UPL and short Arvind.