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
Marico, Bata India, Idea Cellular and ITC, among others, are being tracked by analysts today.
Given high price erosion in hydroxychloroquine, UBS believes US revenue could continue to be under pressure
Ashish Kyal of Waves Strategy Advisors advises selling Engineers India with a target of Rs 139.
Ashish Kyal of Waves Strategy Advisors advises buying Century Textiles with a target of Rs 1040.
Mitessh Thakkar of miteshthacker.com suggests buying Ceat, Cipla, Siemens, Ajanta Pharma and Ipca Labs.
The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spillâ€over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.
Rajesh Kothari, Managing Director at AlfAccurate Advisors has a bullish stance on Ipca Laboratories and feels that earnings growth can be very strong over the next 2-3 years.
Nomura maintains buy call with target unchanged at Rs 900 per share as volumes could improve further and margin may improve in second half.
In an interview to CNBC-TV18 Prakash Diwan, Market Expert at Altamount Capital Management shared his reading and outlook on the market.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
In an interview to CNBC-TV18, Prakash Diwan of Altamount Capital Management shared his readings and outlook on specific stocks and sectors.
Ruchit Jain of Angel Broking recommends buying Cox & Kings with target of Rs 214 and IPCA Labs with target of Rs 604.
Sameet Chavan of Angel Broking is of the view that one may buy TVS Motor with a target of Rs 322.
Vijay Chopra of enochventures.com is of the view that one may buy Maruti Suzuki with a target of Rs 5000.
Credit Suisse maintains underperform rating on Idea with target price at Rs 80 per share. It feels merger with Vodafone merger will not be an easy one as both companies are highly leveraged. It adds that any potential merger will have to wait for auction to complete.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
Sameet Chavan of Angel Broking is of the view that one may buy SAIL with a target of Rs 49.
Rakesh Bansal of RK Global advises buying Dhampur Sugar with a target of Rs 142.
Rakesh Bansal of RK Global advises buying Dhampur Sugar with a target of Rs 142.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Ruchit Jain of Angel Broking advises buying Jubilant Foodworks with a target of Rs 1325.
Rakesh Bansal of RK Global advises buying Exide Industries with a target of Rs 190.
Rajat Bose of rajatkbose.com recommends buying Vedanta, Zee Entertainment Enterprises, Godfrey Phillips and Ipca Labs.
Jay Thakkar of Sharekhan is of the view that one may buy Kohinoor Foods with a target of Rs 77.50.
Kunal Saraogi of Equityrush advises buying UCO Bank with a target of Rs 43.