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
Ashwani Gujral of ashwanigujral.com recommends buying Mahindra and Mahindra, Oriental Bank of Commerce and Wockhardt.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shares his views on specific stocks and sectors.
Mitessh Thakkar of miteshthacker.com recommends buying Page Industries and Info Edge.
Jubilant Foodworks, L&T and BHEL, among others are on the radar of investors on Tuesday
AB Fashion, Voltas and Welspun India are among a few stocks that investors are focusing on Monday.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Nomura has a buy ratings on Dr Reddy‘s, Glenmark, Alkem, Cadila and Jubilant Life. It says Teva‘s 2017 guidanceis lower than what was presented in 2016-2020 prelim outlook and implies a shortfall of USD 1.5-2 billion in EBITDA. Teva expects mid-single digit price erosion in the base US business.
According to Gaurang Shah of Geojit BNP Paribas, one may prefer HCL Technologies.
Macquarie has neutral call on Tech Mahindra but reduced target price to Rs 465 from Rs 502 per share. Pick-up in revenue and margin in arms could help the stock get re-rated.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Tata Chemicals, GMDC, JBF Industries and Naukri.com.
Credit Suisse has an outperform rating on L&T with a target price at Rs 1825 per share on reasonable valuations.
Gaurang Shah of Geojit BNP Paribas is of the view that one may look at Mindtree, Tech Mahindra and Info Edge.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Rural Electrification Corporation and Housing Development and Infrastructure.
Dipan Mehta - member at BSE & NSE is of the view that one can certainly watch out for Info Edge India.
According to Gautam Chhaochharia - Head of India Research at UBS Securities, Info Edge India is the favourite pick in ecommerce space.
UBS has raised the target price to Rs 1000 with an upside scenario valuation of Rs 1,150. The company has various online portals like Naukri, Zomato and 99acres.
Here are top 10 stocks to focus on April 13 - SBI, Tata Global Beverages, HDFC, DLF, Godrej Properties, Oberoi Realty, L&T, JSPL, Adani Power and GMR Infrastructure.
Info Edge remains an attractive listed Indian internet play with a recovering economy buoying its core business and value surfacing from new businesses, feels CLSA
Krish Subramanium of Asit C Mehta Investment advises selling IOC for a target price of Rs 202 and ONGC for a target price of Rs 274.
According to Pankaj Jain of Sunteck Wealthmax Capital, one may go long on Indiabulls Housing Finance with a target of Rs 209.45 and Shree Renuka Sugars with a target of Rs 24.90.
Sharmila Joshi of Fairwealth Securities advises buying Rallis India with a target price of Rs 161.50 and TVS Motor Company with a target price of Rs 51.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Buy Info Edge between Rs 770-730 range, says Shrikant Chouhan, VP Technical Research of Kotak Securities.
On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Shrikant Chouhan, VP Technical Research of Kotak Securities, place their bets on two stocks each, thus offering investors a variety of options to choose from.