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
SP Tulsian of sptulsian.com suggests going long in Maruti Suzuki, Tata Motors, Bajaj Auto and Hero Motocorp.
According to Sudarshan Sukhani of s2analytics.com, one may avoid Hero Motocorp.
Neeraj Deewan of Quantum Securities advises to prefer Tata Motors and Mahindra and Mahindra from auto space.
Prayesh Jain of IIFL believes Maruti Suzuki will post a significant revival story in FY16.
Here's all the top 10 stocks CNBC-TV18 team has its eyes on today.
Sudarshan Sukhani of s2analytics.com recommends staying away from TVS Motor Company and feels that Maruti Suzuki India, Hero Motocorp and Bajaj Auto are better opportunities.
Sudarshan Sukhani of s2analytics.com is upbeat on Bajaj Auto and Hero Motocorp.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hero Motocorp.
Dhananjay Sinha, head of institutional research at Emkay Global Financial Services says that Hero Motorcorp, Tata Motors and Motherson Sumi Systems are top picks.
Manishi Raychaudhuri, managing director, Asian Equity Strategist, head of research at BNP Paribas Securities India has an overweight stance on auto sector.
Manish Sonthalia of Motilal Oswal prefers Maruti Suzuki India and Hero Motocorp within the passenger car as well as two-wheeler space.
Nooresh Merani of Analyse India suggests selling Amtek India and looking towards much stable stocks like Mahindra and Mahindra or Hero Motocorp.
Basudeb Banerjee of Quant Broking is of the view that Hero Motocorp may slip to Rs 1850. However, he is confident with FY16 visibility Hero Motocorp definitely deserves a better rating.
Raising capex guidance for FY15 by its UK subsidiary Jaguar Land Rover has caused selling pressure in Tata Motors stock
According to Dipan Mehta, Member of BSE & NSE, Hero Motocorp is looking attractive at these levels. "Hero Motocorp may do slightly better than Bajaj Auto going forward," he adds.
According to Raamdeo Agrawal, Joint MD at Motilal Oswal Fin Svcs, Hero Motocorp is a good bet at this level.
Amisha Vora, Joint MD at Prabhudas Lilladher says she likes Hero Motocorp, Larsen and Toubro, and Motherson Sumi.
Nooresh Merani of AMSEC advises to prefer Mahindra and Mahindra closer to Rs 930 and Tata Motors on dip.
Manish Sonthalia of Motilal Oswal AMC prefers Bosch, Hero Motocorp and Maruti Suzuki India within the automobile space.
Vishal Malkan of malkansview.com suggests buying Siemens with a stoploss of Rs 602 and a target of Rs 622-628.
Sudarshan Sukhani of s2analytics.com recommends buying Hero Motocorp as the stock may head higher.
Sudarshan Sukhani of s2analytics.com advises selling Godrej Industries.
Vikrant Jadeja of Vibrant Trades suggests buying Gail India with a target of Rs 345 and Cadila Healthcare with a target of Rs 780.
According to Dilip Bhat of Prabhudas Lilladher, one may pick Mahindra and Mahindra, Tata Motors and Hero Motocorp from auto space.
Dhananjay Sinha of Emkay Global Financial Services is overweight on IT and pharmaceuticals space.