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
Prakash Gaba of prakashgaba.com advises buying ACC with a target at Rs 1400.
Rajat Bose of rajatkbose.com is of the view that one may hold IDFC Bank.
Vijay Chopra of enochventures.com feels that IDFC Bank may test Rs 77-80.
IDFC Bank, Coal India, and metals, among others, are being tracked by investors on Monday.
Gaurav Ratnaparkhi of Sharekhan is of the view that one may buy Jet Airways with a target of Rs 795.
Watch the interview of SP Tulsian of sptulsian.com with Anuj Singhal, Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on fundamentals of market and specific stocks
Mitessh Thakkar of mitesshthakkar.com is of the view that one may exit IDFC Bank.
IDFC Bank will merge with Capital First at fixed share swap ratio of 139:10. In an interview with CNBC-TV18, Sanjiv Bhasin, Executive VP-Markets and Corporate Affairs at IIFL, Digant Haria, AVP Research at Antique Stock Broking and Kunal Shah, Associate Director of Edelweiss Financial Services shared their reading and outlook on the same.
Sources say that merger talks between IDFC Bank and Capital First may be in the final stages though both managements remain non-committal on the news.
Sanjiv Bhasin of IIFL expects at least 5 percent downside in IndusInd Bank and has HCL Tech as the top IT pick.
Ashwani Gujral of ashwanigujral.com recommends buying Jubilant Life Sciences, Mindtree and IDFC Bank.
Sharmila Joshi of sharmilajoshi.com is of the view that one may exit IDFC Bank.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge and CG Power.
Rajat Bose of rajatkbose.com is of the view that one may buy Bharat Forge with a target at Rs 738-743.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Balkrishna Industries, Ajanta Pharma and Dabur India and can sell BEML and IDFC Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra Financial Services, PFC, Yes Bank and TVS Motor and can sell IDFC Bank and Jaiprakash Associates.
Ashwani Gujral of ashwanigujral.com recommends buying Balrampur Chini with a stop loss of Rs 163.90 for target of Rs 175 and a buy on Eicher Motors with a stop loss of Rs 31,850 for target of Rs 33,500 while he advises selling IDFC Bank with a stop loss of Rs 57.10 for target of Rs 53.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying TVS Motor, Tata Elxsi, Kotak Mahindra Bank, Yes Bank and IDFC Bank.
Ahead of the 90-day exclusivity period for IDFC, Shriram Group merger talks ending on October 9. CNBC-TV18 learns that Reserve Bank of India (RBI) is uncomfortable with giving Ajay Piramal more than 5 percent stake in IDFC Bank. In an interview to CNBC-TV18, Digant Haria, AVP-Research at Antique Stock Broking shared his views on these stocks.
In an interview to CNBC-TV18's Anuj Singhal and Ekta Batra, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India, BEML, Hindalco Industries and Tech Mahindra.
Sudarshan Sukhani of s2analytics.com recommends selling Ajanta Pharma, Balkrishna Industries and IDFC Bank and advises buying Indraprastha Gas and Colgate Palmolive.
ITC, ICICI Bank, Dr Reddy’s Labs and ONGC, among others, are on the radar of investors on Friday.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy HDFC Bank and sell Tata Steel and IDFC Bank.
Lupin, Reliance Industries, and Biocon, among others are being tracked by analysts on Tuesday.