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
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Sudarshan Sukhani of s2analytics.com recommends selling Apollo Tyres and JSW Steel and advises buying Tech Mahindra.
According to Rajat Bose of rajatkbose.com, one can buy Just Dial and Ashok Leyland and advises selling ICICI Bank.
Sudarshan Sukhani of s2analytics.com advises shorting ICICI Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies and Godrej Consumer Products and sell Engineers India and Tata Steel.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Neeraj Deewan of Quantum Securities recommends investing in Ambuja Cements at the current level and likes UltraTech Cement and India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying IIFL Holdings, Hindalco Industries, DLF and DHFL.
Credit Suisse maintains neutral rating on Cadila with target cut to Rs 370 from Rs 405 per share as sales miss of 3 percent is driven by US sales declining 11 percent.
SP Tulsian of sptulsian.com, discusses why he is negative on IT stocks. He also says why ICICI Bank is for the brave traders. He also advices on telecom stocks.
Mitessh Thakkar of miteshthacker.com recommends selling Colgate Palmolive and Wipro and advises buying Idea Cellular and ICICI Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one may buy PTC India and ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, NTPC and Whirlpool.
Sandeep Wagle of powermywealth.com suggests buying ICICI Bank, Ceat and Crompton Greaves.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Coromandel International, Tata Motors and NTPC.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer ICICI Bank.
Sudarshan Sukhani of s2analytics.com recommends buying Hindustan Zinc and ONGC and feels that one can avoid ICICI Bank.
Mehraboon Irani of Nirmal Bang Securities is of the view that IndusInd Bank and HDFC Bank are the best bets.
Hemant Thukral of Aditya Birla Money is of the view that ICICI Bank can head towards Rs 280 while Axis Bank may test Rs 497.
Market expert SP Tulsian of sptulsian.com is positive on PTC India, a power trading company which is going to be a big beneficiary of the huge capex in the transmission and distribution space and the huge offtake of power by the discoms.
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Rajat Bose of rajatkbose.com is of the view that one may pick BHEL, ICICI Bank, Power Grid and Whirlpool.
Rajat Bose of rajatkbose.com recommends buying ICICI Bank and MRF.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his preferred picks in the oil & gas, transmission & distribution, banking and tyre spaces.