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
Sharmila Joshi, Market Expert recommends buying Hexaware Technologies for a target price of Rs 220 and IPCA Laboratories for a target price of Rs 696.
Dharmesh Kant of India Nivesh Securities recommends buying Texmaco Rail and Engineering with a target at Rs 130 and DCB Bank with a target at Rs 120.
AK Prabharkar, Independent Advisor recommends buying IPCA Labs for a target price of Rs 714 and Union Bank for a target price of Rs 235.
Pankaj Jain of Sunteck Wealthmax recommends buying Texmaco Rail and Engineering with a target price of Rs 131 and Tata Communications with a target price of Rs 479.
According to Mayuresh Joshi, VP- Institution at Angel Broking, one may hold Ipca Laboratories with a long term view.
According to Taher Badshah, Fund Manager at Motilal Oswal Asset Management, one may buy Ipca Laboratories with a long term view.
Here are top 10 stocks to focus on November 12 - Jindal Saw, TVS Motor, Prestige Estates, Shalimar Paints, Ipca Labs, Minda Industries, BILT, Bayer Crop, Hero Moto and Bajaj Auto.
For the largecap pharma companies the game has become completely US-cued. So, US will be the driver for Dr Reddys and Lupin, says Anmol Ganjoo.
Phani Sekhar, Fund Manager-PMS at Angel Broking feels that Ipca Laboratories may touch Rs 800.
Ashu Madan of Religare Securities is of the view that one may remain invested in Ipca Laboratories.
Arvind Bothra, VP - Institutional Research at Religare Capital Markets is of the view that one may hold Ipca Laboratories.
Kunj Bansal of Centrum Wealth Management advises investing in Ipca Laboratories.
Sandeep Shenoy of Anand Rathi Financial Services is of the view that one may prefer Ipca Laboratories, Unichem Laboratories and Indoco Remedies from the pharma space.
According to Kunj Bansal of Centrum Wealth Management, one may buy Ipca Laboratories and Aurobindo Pharma.
Independent Technical Analyst, Rakesh Gandhi is of the view that one may buy Ipca Laboratories for target of Rs 844 and sell LIC Housing Finance with a target of Rs 187.1.
Pankaj Jain of Sunteck Wealthmax advises buying Marksans Pharma for a target price of Rs 18.85 and Aurobindo Pharma for a target price of Rs 468.
Pankaj Jain of Sunteck Wealthmax suggests buying Glenmark Pharma for a target price of Rs 569 and Tata Elxsi for a target price of Rs 406.75.
Independent Technical Analyst, Rakesh Gandhi advises buying Godrej Consumer Products for a target price of Rs 735 and Glenmark Pharma for a target price of Rs 570.
Pankaj Jain of Sunteck Wealthmax advises buying Apollo Tyres for a target price of Rs 114.75 and Tata Elxsi for a target price of Rs 406.75.
Phani Sekhar of Angel Broking advises holding Ipca Laboratories.
According to Paras Bothra of Ashika Stock Broking, one may buy Ipca Laboratories with a target of Rs 790 and NIIT Technologies with a target of Rs 415.
Independent Advisor AK Prabharkar advises buying NIIT Technologies for a target price of Rs 430 and SKS Microfinance for a target price of Rs 200.
Mayuresh Joshi of Angel Broking prefers HCL Technologies and Tata Consultancy Services (TCS) from the IT pack where the earnings growth both in dollar and rupee terms will be exceptional for these companies going forward.
Mayuresh Joshi of Angel Broking suggests partial profits booking in Aurobindo Pharma and prefers Ipca Laboratories and Cadila Healthcare for 15-20 percent return.
Arvind Bothra, vice president of institutional research at Religare Capital Markets says Lupin, Sun Pharmaceutical Industries and Dr Reddy's are top picks in the pharma space.