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
According to Rishi Kohli of Proalpha Systematic Capital, IDFC may touch Rs 185.
JK Jain of Karvy Stock Broking advises buying IDFC 160 call and selling 170 call.
Amit Harchekar of APlus Analytics is of the view that IDFC may test Rs 137-138.
Here are top 10 stocks to focus on December 12 - Federal Bank, JSW Energy, BEL, IDFC, Bharti Airtel, OnMobile Global, WPIL, IL&FS Engineering, Ceat and Wipro.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer IDFC with two years perspective.
Watch the interview of Sharmila Joshi of Sharmilajoshi.com who shared her readings and outlook on specific stocks and sector & Harsh Roongta, Director of Apnapaisa.com answered few personal finance queries.
Nooresh Merani of Analyse India recommends buying IDFC as the stock may test Rs 180-200.
Kunal Saraogi of Equityrush advises buying Dish TV for a target price of Rs 69 and Pidilite Industries for a target price of Rs 495.
Dharmesh Kant of India Nivesh Securities advises buying LIC Housing Finance for a target price of Rs 460 and Sintex Industries for a target price of Rs 102.
Manas Jaiswal of manasjaiswal.com advises buying Voltas with a target of Rs 292 and Adani Enterprises with a target of Rs 475.
Kunal Saraogi, CEO at Equityrush is of the view that one may exit L&T Finance Holdings.
Vishal Malkan of malkansview.com recommends buying IDFC for targets of Rs 174.
Paras Bothra of Ashika Stock Broking recommends buying Ucal Fuel Systems for a target price of Rs 150 and Transport Corporation of India for a target price of Rs 320.
Sahil Kapoor at Edelweiss Financial Services is of the view that IDFC may move towards Rs 180.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy IDFC on dips.
Rahul Mohindar of viratechindia.com is of the view that one can prefer Bank of Baroda, IDFC and Karnataka Bank.
Siddarth Bhamre of Angel Broking recommends buying IDFC with a target of Rs 162 and Bank of India with a target of Rs 308.
Vishal B Malkan, malkansview.com advises buying IRB Infrastructure for a target price of Rs 285 and Ranbaxy Labs for a target price of Rs 720.
Kunal Saraogi, CEO at Equityrush recommends buying Hindustan Petroleum Corporation and IDFC.
According to Kunal Saraogi, CEO at Equityrush, one may prefer IDFC over Jaiprakash Associates.
Currently IDFC is trading at 1.3 times the adjusted book but most of the private banks are trading more than two times the adjusted book. So, one is that once it gets converted into the bank, from 1.3 it will warrant a re-rating back closer to 2, says Dilip Bhat.
Vishal Malkan, CMT at malkansview.com advises holding IDFC.
Kunal Saraogi of Equityrush advises buying LIC Housing Finance with a target of Rs 355 and IDFC with a target of Rs 154.
Sahil Kapoor of Edelweiss Financial Services recommends buying IDFC with a target of Rs 158-162.
VK Sharma - Head Private Broking & Wealth Management at HDFC Securities recommends buying IDFC.