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
Kunal Bothra, Head of Advisory at LKP is of the view that HMT may test Rs 65 in the short term.
Here are top 10 stocks to focus on March 20 - Infosys, Asian Paints, Indiabulls Real Estate, IRB Infrastructure, Financial Technologies, Bharat Forge, UPL, Zicom, Indian Hotel and HMT.
Prakash Diwan of Altamount Capital Management recommends buying Balrampur Chini Mills with a target of Rs 47.90 and Suprajit Engineering with a target of Rs 53.50.
Dharmesh Kant of Indianivesh Securities suggests buying Arvind for a target price of Rs 145 and Federal Bank for a target price of Rs 90.
SP Tulsian of sptulsian.com feels that there is not much erosion in the value than the current price of HMT, National Fertilisers (NFL) and Fertilizers & Chemicals Travancore (FACT). He believes that government is intending to mobilise anywhere between Rs 50 crore to Rs 350 crore from these three companies.
SP Tulsian of sptulsian.com advised selling JSW Steel with a target price of Rs 702 and selling Jaiprakash Associates with a target price of Rs 62.
SP Tulsian of sptulsian.com advises investors to be short on companies that have huge foreign debt owing to the depreciating rupee. He asks them to watch out for key announcements next week.
SP Tulsian of sptulsian.com gives his takeaways on the Reliance annual general meeting (AGM) and the stocks to buy, hold and sell in the next week
Rajesh Agarwal, Head of Research at Eastern Financiers says one should exit HMT on every upside. “I don‘t think any amount of package is going to revive the fortunes of this company,†he adds.
In the last one month HMT rose over 32 percent. Today the stock surged 6.5 percent after reports of government‘s recast plan will be implemented in a phased manner.
SP Tulsian of sptulsian.com advised staying away from HMT. He doesn't see any fundamental reason for the stock to perform going forward.
SP Tulsian, sptulsian.com advices investors and traders to stay away from HMT because there is no fundamental reason for the stock to perform in spite of government‘s plan to infuse capital in it.
In CNBC-TV18's popular show Bull's Eye, Aashish Tater, Head of Research, Fort Share Broking shares trading strategy.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Hold HMT, says Kunal Bothra, LKP.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
SP Tulsian of sptulsian.com shares his view on HMT and ITI.
