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
Dollar revenue is expected to increase 2.6 percent to USD 2,636.2 million QoQ and constant currency revenue growth may be at 2 percent.
ITC, Infosys, and Bharti Airtel, among others are on the radar of analysts on Thursday.
According to Shahina Mukadam, Independent Market Expert, one may hold Infosys.
Sudarshan Sukhani of s2analytics.com suggests buying Mahindra and Mahindra, Infosys and HDFC and advises selling Cummins India and CESC.
The risk-to-reward ratio will be more favourable for stocks which have not attracted too much of interest which could be due to the sector or stock-specific reasons.
Ashwani Gujral of ashwanigujral.com suggests buying HDFC, Adani Ports and Indiabulls Housing.
Mitessh Thakkar of miteshthacker.com suggests buying Bata India and Infosys.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Infosys and Godrej Industries and can sell SRF and Bank of Baroda.
According to Amit Gupta of ICICIdirect, one can buy Axis Bank and Infosys.
Sandeep Wagle of powermywealth.com suggests buying Vedanta and sell Infosys.
Sandeep Wagle of powermywealth.com is of the view that one can sell Titan Company and can buy Adani Enterprises.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Voltas, Ceat and Adani Ports and can hold Maruti Suzuki while one may avoid Infosys.
Most experts have a target of 32,000 – 33,000 on the S&P BSE Sensex which translates into an upside of about 5 percent. Investors will be better off staying with stocks which can outperform markets by a wide margin.
According to Ashwani Gujral of ashwanigujral.com, one can buy Balrampur Chini, Kaveri Seed Company and Canara Bank and can sell M&M.
DLF,Avenue Supermarts,State Bank of India, and Infosys are on the radar of Kotak Securities
Says the exit of Sandeep Dadlani is worrying sign; suggests against centralizing all responsibilities at the top level.
Motherson Sumi, Asian Paints and Cadila Healthcare, among others are on investors’ radar.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com is of the view that Aditya Birla Money hit Rs 80 and advises not to go after pharma stocks.
RBI’s circular on NPA resolution, along with L&T and Infosys, among others are being tracked by analysts today.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
In an interview to CNBC-TV18, Ravi Menon, Analyst-IT Services at Elara Capital spoke about the latest happenings in the IT sector.
Tata Motors, Tata Steel, HDFC Bank and Infosys, among others are on the radar of investors on Thursday
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the market and specific stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Indiabulls Real Estate and Caplin Point Laboratories and sell Infosys.