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
“If you combine both these stocks in your portfolio, it will be beautiful diversification allowing you to play the entire gamut of spectrum of two-wheeler story in Indiaâ€, says Phani Sekhar of Angel Broking.
Bajaj Auto will give you presence in exports, three-wheelers where Hero is not there. It will give you an excellent presence in executive and more importantly premium segment where Hero is not very strong, says Phani Sekhar.
According to Hemen Kapadia, VP at KR Choksey Securities, one may hold Hero Motocorp.
Prayesh Jain, AVP - Research of IIFL prefers Hero Motocorp over Bajaj Auto.
Amit Gupta of ICICIdirect recommends buying Hero Motocorp on declines.
Both market experts have a selling target price of Rs 610 a share for Tata Motors. However, independent market expert Ambareesh Baliga feels it is better to buy DVR than Tata Motors.
Rahul Shah of Motilal Oswal recommends buying Hero Motocorp with a target of Rs 3100.
According to Kunal Bothra of LKP, one may see upside in Hero Motocorp with a target of at least Rs 2950.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Hero Motocorp below Rs 2780 as the stock may test Rs 2,950-2,980 in next five-seven trading sessions.
Amit Gupta of ICICIdirect recommends going long in Hero Motocorp as the stock should hit Rs 3000.
Rahul Mohinder of viratechindia.com recommends buying Larsen and Toubro, Tata Motor and Hero Motocorp.
Mayuresh Joshi, VP- Institution at Angel Broking has an accumulative rating on Bajaj Auto and Hero Motocorp.
Sudarshan Sukhani of s2analytics.com recommends buying Kotak Mahindra Bank, Hero Motocorp, Asian Paints.
Dipan Mehta, Member at BSE & NSE has a positive view on Hero Motocorp.
Kunal Bothra, Head of Advisory at LKP is of the view that Hero Motocorp may hit Rs 2750.
Ashish Chaturmohta of Fortune Equity Broker recommends going long in Hero Motocorp with a target of Rs 2780-2800.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hero Motocorp.
Ashu Madan of Religare Securities is of the view that one may prefer Tata Motors or Hero Motocorp over Ashok Leyland.
According to Dilip Bhat, joint MD at Prabhudas Lilladher, Hero Motocorp is a good investment bet.
Sudarshan Sukhani of s2analytics.com is of the view that one may go long in Hero Motocorp.
Anish Damania, head-institutional equities of IDFC Securities prefers Hero Motocorp from two-wheelers space.
SP Tulsian of sptulisan.com has a bullish stance on the real estate space and feels that DLF, Prestige Estate, Brigade Enterprise and Indiabulls Real Estate may give good returns.
According to Amisha Vora, Joint MD of Prabhudas Lilladher, Hero Motocorp, ACC, Apollo Tyres and Wipro are the top picks.
The top 10 stocks identified by the CNBC-TV18 research team to watch out for today are ICICI Bank, Infosys, Dr Reddy‘s , Glenmark, Ashok Leyland, HeroMoto Corp, Maruti, Jaiprakash Power, HCC, and Elantas Beck
Siddharth Bhamre of Angel Broking advises shorting Hero Motocorp with a target of Rs 1805.