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
Edelweiss also maintains buy rating on L&T with target increased to Rs 1802 from Rs 1650 per share.
Dipan Mehta, Memeber at BSE & NSE has a slightly underweight and negative stance on the cement industry.
Avinash Gorakshakar, Market Expert is of the view that one may remain invested in India Cements.
Ashwani Gujral of ashwanigujral.com recommends buying Hindalco Industries, PVR, India Cements, Jubilant Life Sciences and Edelweiss Financial Services.
Sudarshan Sukhani of s2analytics.com recomemnds buying India Cements and prefers Tata Power Company.
VK Sharma of HDFC Securities is of the view that one can buy India Cements and do a bull spread Tata Elxsi wherein one can buy 1550 Call and sell 1650 Call.
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.
Ashwani Gujral of ashwanigujral.com recommends buying Manappuram Finance, India Cements, Havells India and PVR.
According to Ashwani Gujral of ashwanigujral.com, one can buy India Cements, Kalyani Steels and Hindustan Zinc.
Ashwani Gujral of ashwanigujral.com suggests selling India Cements and State Bank of India and advises buying Arvind.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com recommends buying LIC Housing Finance, India Cements and Pidilite Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Titan Company, Reliance Industries and India Cements and short Ajanta Pharma.
Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital is of the view that one can buy Vedanta futures and sell 230 Call and advises buying India Cements as well for target of Rs 133.
Gaurav Bissa of LKP Securities suggests buying IGL, Just Dial and India Cements.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
According to Ashwani Gujral of ashwanigujral.com, one can buy Indraprastha Gas, Tata Chemicals, India Cements, L&T Finance Holdings and Arvind.
Ashwani Gujral of ashwanigujral.com
Mitesh Thacker of miteshthacker.com is of the view that one can buy India Cements and Sun TV.
According to Mitesh Thacker of miteshthacker.com, one can sell Ashok Leyland, India Cements, Power Grid and Tata Communications and buy Chambal Fertilisers.
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, HCL Infosystems and India Cements.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Axis Bank and Wipro and sell India Cements.
Ashwani Gujral, Fund Manager at ashwanigujral.com is of the view that one can buy Coffee Day and Cipla and sell India Cements, DHFL and L&T Finance Holdings.
Ashwani Gujral of ashwanigujral.com recommends sellling Maruti Suzuki and feels that India Cements may test Rs 90-92 and Bharat Financial Inclusion may hit Rs 600.
In an interview to CNBC-TV18, Prakash Diwan, Market Expert at Altamount Capital Management shared his readings and outlook on market and specific stocks.