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
Ambareesh Baliga, Market Expert is of the view that one can look at Himatsingka Seide.
Independent Market Expert, Ambareesh Baliga feels that Himatsingka Seide may test Rs 156.
Ambareesh Baliga, Market Expert recommends buying DCB Bank.
Prakash Diwan of Altamount Capital Management recommends buying Himatsingka Seide with a target of Rs 49.90 and advises selling Dabur India with a target of Rs 156.
Kunal Bothra of LKP Shares advises buying Voltas with a target of Rs 99 and JSPL with a target of Rs 264.
In an interview to CNBC-TV18, SP Tulsian, sptulsian.com recommends a 'buy' on Himatsingka Seide and Munjal Showa. Tulsian is bullish on the stocks and suggests holding them for a period of 12 months or so.
Himatsingka Seide can move to Rs 50, says SP Tulsian, sptulsian.com. They have the capacity of processing the 23 million meters fabric per annum, they have 360 weaving machines plus they are making about 32 lakh bed sets per annum.
United Phosphorous, Himatsingka Seide and Mahindra Holidays are the top picks, says Ambareesh Baliga, Independent Analyst.
Exit Kingfisher Airlines, says Ambareesh Baliga, Independent Analyst.
Aashish Tater of Fortunewizard.com has picked up Himatsingka Seide and Grindwell Norton as his multibaggers for the day.
Himatsingka Seide has target of Rs 130, says Aashish Tater, Fortunewizard.com. The company would be able to clock at least Rs 1,700 crore odd in terms of topline on a marketcap of Rs 360-370 crore odd which we feel the valuations are very lucrative in terms of marketcap to sales.