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 Ashwani Gujral of ashwanigujral.com, one may buy Pidilite Industries, Dewan Housing Finance Corporation and Indian Oil Corporation.
Mitesh Thacker of miteshthacker.com is of the view that one may sell IOC, DHFL, Yes Bank and ACC.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Indian Oil Corporation, Indraprastha Gas and Zee Entertainment Enterprises.
Ruchit Jain of Angel Broking is of the view that one may buy Mirza International with a target of Rs 100.
Citi says challenges faced in last two quarters by InterGlobe Aviation may ease as August passenger growth at 40 percent vs 24 percent YoY. Its market share increased to 39.9 percent from 35.4 percent in August 2015.
Mitesh Thacker of miteshthacker.com recommends buying Ajanta Pharma, Indian Oil Corporation and United Breweries.
Sameet Chavan of Angel Broking advises buying BEML with a target of Rs 972.
Jefferies advises buying Coal India with a target price of Rs 330 per share after quarterly earnings.
Rahul Shah of Motilal Oswal is of the view that one can buy Sun Pharma, Indian Oil Corporation and Jain Irrigation Systems.
Morgan Stanley has equal-weight rating on Crompton Greaves with target at Rs 61 per share as ongoing restructuring leads to margin uncertainty.
CIMB maintains add rating Infosys on reasonable valuations with target cut to Rs 1185 from Rs 1250 per share. It has cut FY17-19 EPs by 2-3 percent on client- specific issues and weakening macro. It remains optimistic on medium-to-long term.
Avinash Gorakshakar, Market Expert is of the view that one may prefer Bharat Petroleum Corporation (BPCL).
In an interview with CNBC-TV18, veteran analyst SP Tulsian outlined his outlook on the market and discussed stock and sector strategies.
Ashwani Gujral of ashwanigujral.com recommends buying Cummins India, Cipla and JK Tyre and Industries.
Ashwani Gujral of ashwanigujral.com recommends buying UltraTech Cement, Kalyani Steel and Indian Oil Corporation.
Rahul Shah of Motilal Oswal recommends buying Indian Oil Corporation, JSW Steel and Biocon.
The brokerage house has maintained buy rating on them with revised target price at Rs 1,635 per share (from Rs 1,250 earlier) on Hindustan Petroleum Corporation, Rs 700 (from Rs 540) on Indian Oil Corporation and Rs 740 (from Rs 640) on Bharat Petroleum Corporation.
Krish Subramanyam of Altamount Capital recommends buying Tata Global Beverage, Indian Oil Corporation and Multi Commodity Exchange of India.
According to Navneet Daga of IIFL, one can buy Indian Oil Corporation and Jubilant Foodworks and short Ashok Leyland.
Avinash Gorakshakar, Market Expert is of the view that one may prefer Indian Oil Corporation (IOC) or Bharat Petroleum Corporation over Aban Offshore.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 190.
Sameet Chavan of Angel Broking advises buying Bajaj Electronics with a target of Rs 288.
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18 shares his views on refrigerants companies, transformer makers and media reports on mergers in the PSU oil space.
Rahul Shah of Motilal Oswal recommends adding Indian Oil Corporation and advises buying DLF 165 Call.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have IOC, Chennai Petro, Havells, Axis Bank, Jayant Agro, Seshasayee Paper, KSB Pumps, Mphasis, Cairn and Vedanta and Ricoh India.