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
Chandan Taparia of Anand Rathi Financial Services recommends buying Indian Oil Corporation with a target of Rs 455.
Rahul Mohindar of viratechindia.com is of the view that one can book profits in Indian Oil Corporation and prefers Hindustan Unilever or ITC as a defensive play.
Oil marketing companies' under-recovery size has substantially reduced and government subsidy payments are also coming on time, says Nomura
Rahul Mohindar of viratechindia.com is of the view that one can buy Bharat Petroleum Corporation as the stock may test Rs 890-900 and Indian Oil Corporation for a target of Rs 410-420.
Rahul Mohindar of viratechindia.com is of the view that one may enter Indian Oil Corporation at around Rs 385-390.
Manoj Murlidharan of Religare Securities recommends buying Indian Oil Corporation.
Hemant Thukral of Aditya Birla Money feels that Glenmark Pharma can retest Rs 915-920.
Anish Damania, Head-Institutional Equities at IDFC Securities is of the view that one may prefer Infosys, Tech Mahindra, HPCL, IOC, Sun Pharma, Cipla and Strides Arcolab.
Sameet Chavan of Angel Broking recommends buying ACC and IOC.
Goldman Sachs expects another Rs 2,700 crore to come from the government towards direct transfer of LPG subsidy, taking the OMCs' total receipts to Rs 8,000 crore.
Here are top 10 stocks to keep an eye on March 25 - Tata Motor DVR, Tata Motors, Bharti Airtel, Idea Cellular, GMR Infra, Ipca Labs, IOC, BPCL, Oil India and NTPC.
"With diesel/ gasoline prices now adjusting to international levels every fortnight and direct transfer of subsidy to LPG consumers kicking in, we continue to see better cash flows and returns among OMCs," a Goldman Sachs report says.
Here are top 10 stocks to focus on March 18 - IOC, Tech Mahindra, Sesa Sterlite, Reliance Infra, Mahindra & Mahindra, M&M Financial, Bhushan Steel, SBI, Gujarat Fluoro and Aarti Drugs
Sameet Chavan of Angel Broking recommends selling Bharat Heavy Electricals with a target of Rs 237 and advises buying Indian Oil Corporation with a target of Rs 364-365.
Here are top 10 stocks to focus on March 2 - IOC, BPCL, ONGC, Ashok Leyland, ITC, Axis Bank, Yes Bank, HDFC Bank, Bank of India and Union Bank. The Research team at CNBC-TV18 is also tracking - MCX, Titan, Eicher Motor, NMDC, Jet Airways and SpiceJet.
Siddarth Bhamre of Angel Broking recommends going long in Indian Oil Corporation and advises shorting Infosys.
Anand Tandon, Market Expert is of the view that one may avoid oil & gas stocks.
Siddharth Bhamre of Angel Broking has a positive view on Reliance Industries.
Sameet Chavan of Angel Broking is of the view that one may short India Oil Corporation with a target of Rs 302.
Siddharth Bhamre of Angel Broking is of the view that one may prefer largecap stocks.
Siddarth Bhamre of Angel Broking recommends going long in Indian Oil Corporation with a target of Rs 371.
Here are top 10 stocks to focus on January 19 - Reliance Industries, IOC, Axis Bank, Prestige Estates, Wipro, M&M Financials, Oberoi Realty, Symphony, V-Guard and Sesa Sterlite.
Here are top 10 stocks to focus on January 15 – BPCL, HPCL, IOC, Bosch, Jet Airways, Sical Logistics, Yes Bank, State Bank of India (SBI), ICICI Bank, IDBI, Gas Authority of India (GAIL), ITC, Hindalco, JSW Steel and Bajaj Finserv.
Here are top 10 stocks to focus on January 2 – Indian Oil Corporation (IOC), Jindal Steel, Petronet LNG, IRB Infra, Sadbhav Engineering, TVS Motor, CNX PSU Bank Index, Corporation Bank, SRF limited and Kalpataru Power.
Vishal Malkan of malkansview.com recommends selling IOC and advises buying Tech Mahindra.