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
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Petroleum Corporation and Bharat Petroleum Corporation on dips.
Dilip Bhat Joint MD at Prabhudas Lilladher is of the view that Bharat Petroleum Corporation would move up from current levels. He feels that Hindustan Petroleum Corporation's fair value should be around Rs 550 on a longer term basis.
Mayur Matani, Research Analyst at ICICIdirect is of the view that one may hold Hindustan Petroleum Corporation.
Pankaj Jain of Sunteck Wealthmax recommends buying Hindustan Petroleum Corporation and advises selling Steel Authority of India.
Pankaj Jain, Sunteck Wealthmax advises going long in in Indiabulls Housing Finance for a target price of Rs 225 and BPCL for a target price of Rs 469.
Sudarshan Sukhani of s2analytics.com is of the view that one may see more upside in Bharat Petroleum Corporation.
Sudarshan Sukhani of s2analytics.com is of the view that one may see more upside in BPCL and HPCL.
Sudarshan Sukhani of s2analytics.com is bullish on Hindustan Petroleum Corporation.
Phani Sekhar of Angel Broking feels that one may exit HPCL and prefer private sector banking stocks.
Hemant Thukral of Aditya Birla Money recommends buying Hindustan Petroleum Corporation as the stock may test Rs 260-265.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hindustan Petroleum Corporation and Bharat Petroleum Corporation.
Meghana Malkan of malkansview.com suggests buying Tata Global Beverage with a target of Rs 149 and Power Finance Corporation with a target of Rs 157.
According to Sudarshan Sukhani of s2analytics.com, one may buy Hindustan Petroleum Corporation.
Meghana Malkan of malkansview.com advises buying Crompton Greaves for a target price of Rs 124 and Hindustan Petroleum Corporation for a target price of Rs 259.
SP Tulsian of sptulsina.com is positive on oil marketing companies.
Pritesh Mehta of IIFL feels that Hindustan Petroleum Corporation may come down to Rs 315-320.
Kunal Bothra of LKP is of the view that Hindustan Petroleum Corporation may touch Rs 244-245.
Chandan Taparia of Anand Rathi Securities advises buying Hindustan Petroleum Corporation with a target of Rs 250.
Meghana Malkan of malkansview.com suggests buying United Spirits with a target of Rs 2710-2730 and Hindustan Petroleum Corporation (HPCL) with a target of Rs 244-248.
Krish Subramanium of Asit C Mehta Investment advises selling IOC for a target price of Rs 202 and ONGC for a target price of Rs 274.
Abhijit Paul of Alphative Advisors LLP feels that Hindustan Petroleum Corporation (HPCL) may touch Rs 225.
Sudarshan Sukhani of s2analytics.com is of the view that one may sell oil marketing companies including Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation.
Hemant Thukral of Aditya Birla Money is of the view that Hindustan Petroleum Corporation may find support at Rs 200.
Sudarshan Sukhani of s2analytics.com recommends buying Siemens and Lupin and advises selling Hindustan Petroleum Corporation.
The broking firm has a buy recommendation on ONCG and Oil India with a target price of Rs 320 and Rs 530 respectively, since these companies are likely to benefit from the recently announced diesel price hike.