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
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money suggests buying Amara Raja Batteries, IRB Infrastructure and feels that BHEL may head to Rs 178-180.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy LIC Housing Finance, Kotak Mahindra Bank and IRB Infra and sell Infosys.
Kunal Saraogi of Equityrush advises buying Apollo Tyres with a target of Rs 200.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IRB Infra, Arvind and Bharat Heavy Electricals.
Mitessh Thakkar of miteshthacker.com recommends buying IRB Infra and HDFC.
CLSA has retained its buy call on L&T, IRB Infrastructure, J Kumar Infraprojects and Sadbhav Engineering as government's initiatives will improve infra liquidity via InvIT showing results.
Sameet Chavan of Angel Broking is of the view that one may buy Indiabulls Real Estate with a target of Rs 92.
Sudarshan Sukhani of s2analytics.com recommends buying Tata Elxsi, IRB Infra and Motherson Sumi Systems.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy IRB Infra and Apollo Hospitals and prefers MRF from the tyre space.
Sanjiv Bhasin of IIFL is of the view that one can buy IRB Infra closer to Rs 215-220.
CA Rudramurthy BV, Research Head at Vachana Investments recommends buying IDBI Bank, IRB Infra and Tata Motors.
According to Ashwani Gujral of ashwanigujral.com, one can buy Asian Paints and IRB Infrastructure Developers and sell JSW Energy.
Prakash Gaba of prakashgaba.com is of the view that IRB Infrastructure Developers can climb to Rs 221 and likes NBCC.
Ashwani Gujral of ashwanigujral.com suggests buying GMDC, Power Finance Corporation and IRB Infra.
Rajat Bose of rajatkbose.com is of the view that Tata Motors may test Rs 530 while IRB Infra may hit Rs 217.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Consultancy Services, L&T Finance Holdings and IRB Infra and advises selling Vedanta.
Kunal Saraogi of Equityrush is of the view that one may buy NBCC with a target of Rs 265.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HPCL and sell IRB Infrastructure and Idea Cellular.
Mitesh Thacker of miteshthacker.com is of the view that one may sell TVS Motor and IRB Infra.
According to Chandan Taparia, Derivative & Technical Analyst at Anand Rathi Securities, one can buy Maruti Suzuki and sell Bank of Baroda while he feels that IRB Infra may test Rs 181.
According to Ashwani Gujral of ashwanigujral.com, one can sell Tata Motors DVR, IRB Infra and Jindal Steel & Power.
Gaurav Bissa of LKP Securities recommends buying IRB Infra, CESC and Sun Pharma.
According to Sudarshan Sukhani of s2analytics.com, one can buy Engineers India, Adani Ports and Apollo Tyres and sell IRB Infra and SRF.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Copper, Adani Transmission and Siemens and sell IRB Infra and Havells India.
Deutsche Bank has hold rating on L&T with target price increased to Rs 1380 per share from Rs 1326.95 per share.