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
Sudip Bandopadhyay, Market Expert is cautious on two-wheelers space.
Ashwani Gujral of ashwanigujral.com advises buying Hero Motocorp, Britannia Industries and Coromandel International.
P Phani Sekhar of Karvy Stock Broking is of the view that one may look at Hero Motocorp, Maruti Suzuki and non banking financial companies.
In an interview to CNBC-TV18, P Phani Sekhar of Karvy Stock Broking shared his readings and outlook on specific stocks and sector.
Rajat Bose of rajatkbose.com is of the view that one may buy Hindalco Industries.
According to Rajat Bose of rajatkbose.com, one may buy Vedanta.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
Prakash Gaba of prakashgaba.com is of the view that Hero MotoCorp can climb to Rs 3050 while BHEL can slide to Rs 120.
Deutsche Bank has buy call on Petronet with target increased by 14 percent to Rs 415 per share as it saw highest ever EBITDA on strong volume growth. It has increased FY17-19 EPS estimates of 4-13 percent.
Sandeep Wagle of powermywealth.com recommends selling Hero MotoCorp and Crompton Greaves and advises buying Vedanta.
Ashwani Gujral of ashwanigujral.com recommends buying Engineers India, Bajaj Auto and Asian Paints.
Prakash Gaba of prakashgaba.com is of the view that Bank of India can slide to Rs 103 while Hero MotoCorp can slip to Rs 3200.
According to Ashwani Gujral of ashwanigujral.com, oen can sell Hero MotoCorp and Aurobindo Pharma and buy Dabur India.
Ashwani Gujral of ashwanigujral.com recommends buying Balkrishna Industries and Hero MotoCorp and sell BPCL.
In an interview to CNBC-TV18, Mayuresh Joshi, Fund Manager (PMS) at Angel Broking Ltd shared his readings and outlook on specific stocks and sectors.
ICICI Direct sees Sensex EPS to grow 16.4 percent YoY to Rs 1600 in FY17 and then witness growth of 17.5 percent YoY in FY18 to Rs 1880. It has set a one year forward target of 31000 for the Sensex and 9400 for the Nifty.
In an interview to CNBC-TV18 Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on the market and also gave recommendations on various stocks.
CLSA cuts FY17-19 EPS by 1-2 percent but revised target to Rs 930 per share from Rs 885 per share and upgraded to outperform. The management is fairly confident of a gradual recovery ahead.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Motors, Tata Steel, Aurobindo Pharma and Adani Ports and advises buying Hero MotoCorp.
Rajat Bose of rajatkbose.com is of the view that Bharat Financial Inclusion may test Rs 916 while Hero Moto may hit Rs 3420.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GNFC, Century Textiles, Bajaj Auto and Hero MotoCorp and sell Petronet LNG.
Mitesh Thacker of miteshthacker.com recommends selling ACC and Hero Moto and advises buying Arvind, Ashok Leyland and Apollo Hospitals.
Mitesh Thacker of miteshthacker.com recommends selling Reliance Industries and Hero MotoCorp.
Sandeep Wagle of powermywealth.com recommends selling Hero Moto and Havells India and advises buying ICICI Bank.
Here are 8 stocks that brokerage firms are focussing on as Q2 results start. Jefferies has buy rating on Infosys with target price cut to Rs 1280 per share from Rs 1350 per share but strong performance is let down by lackluster guidance. It says reasonable valuation, growth pick up post second half justifies buy rating.