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
VK Sharma of HDFC Securities is of the view that one can buy Dewan Housing Finance 290 Put and sell 280 Put while in case of Hindustan Zinc one can buy 290 Put and sell 285 Put.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bharti Airtel and Reliance Industries and advises selling Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Reliance Industries and L&T Finance Holdings and advises selling Hindustan Zinc.
Morgan Stanley is underweight on Bank of Baroda, with reduced target at Rs 125 from Rs 135 as valuation is expensive in the context of weak earnings progression. Share price will fall relative to the industry over the next 30 days, it feels.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com spoke on stocks like Triveni Engineering, SBI, Bosch, Hindustan Zinc etc.
Morgan Stanley is underweight on the stock, with a target price at Rs 1,372. Key positive surprise was better-than-expected realisation but better realisation was offset by higher per tonne cost, the research firm says.
Rakesh Bansal of RK Global is of the view that one may buy BEML with a target of Rs 1313 and NCC with a target of Rs 91.
Sandeep Wagle of powermywealth.com recommends buying Hindustan Zinc, Motilal Oswal Financial Services and IDBI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Zinc, Repco Home Finance, Manappuram Finance, Tata Communications and Adani Enterprises.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Ashok Leyland, IFCI and Balkrishna Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Hindalco Industries, Hindustan Zinc and Vedanta.
SP Tulsian of sptulsian.com, explains why he thinks JSW Energy, despite poor numbers, may quickly see an improvement. He also tells why he is bullish on JM Financial.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Zinc and ONGC and feels that one can avoid ICICI Bank.
Jefferies expects cement demand to recover in FY18/19 as it sees improvement in realisation as capacity. It initiates call on Dalmia Bharat with buy and target of Rs 2227 per share. It has underperform rating on ACC and Ambuja with a target of Rs 1174 and Rs 187 per share.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
According to Ashwani Gujral of ashwanigujral.com, one can buy India Cements, Kalyani Steels and Hindustan Zinc.
Mitesh Thacker of miteshthacker.com suggests buying Fortis Healthcare and Hindustan Zinc and advises selling Cummins India while he feels that one can avoid Bosch.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy HDFC Bank and Hindustan Zinc and sell Jet Airways and Cummins India.
Jay Thakkar of Sharekhan is of the view that one may buy Bank of Baroda with a target of Rs 158.10.
Prakash Gaba of prakashgaba.com is of the view that Hindustan Zinc looks good and likes PNB.
Prakash Gaba of prakashgaba.com likes Reliance Industries and Hindustan Zinc while he feels that Punjab National Bank can climb to Rs 125.
Ruchit Jain of Angel Broking recommends buying EID Parry with a target of Rs 298 and Motherson Sumi Systems with a target of Rs 351.
Ashwani Gujral of ashwanigujral.com recommends buying Gujarat Narmada Valley Fertilizers & Chemicals, Hindustan Zinc and Rural Electrification Corporation.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, bets on two sectors- sugar and auto ancillary. He is bullish on Dwarikesh Sugar Industries, Dalmia Bharat Sugar and Industries, Upper Ganges Sugar, Oudh Sugar, Balrampur Chini, Triveni Engineering.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Edelweiss Financial Services and sell Amara Raja Batteries and Jet Airways.