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
SP Tulsian of sptulsian.com, explains why he remains to be bullish on UP based sugar stocks. He also shares his thoughts on IRB Infra and why it may be a good idea for long-term investors. He also keeps a positive stance on NBFC stocks.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold IRB Infrastructure Developers.
Rajat Bose of rajatkbose.com suggests exiting IRB Infrastructure Developers.
Sandeep Wagle of powermywealth.com recommends selling IRB Infra and UPL and buy UltraTech Cement.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Union Bank and Power Grid and sell IRB Infra, Jubilant Food and LIC Housing.
Mitesh Thacker of miteshthacker.com recommends buying GAIL India and IRB Infra.
Shahina Mukadam, Independent Market Expert suggests buying Lovable Lingerie with a target of Rs 298.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Canara Bank, Andhra Bank, Ceat and IRB Infra.
According to Ashwani Gujral of ashwanigujral.com, one can buy Caplin Point and Century Textiles and sell Axis Bank, IRB Infra and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends selling Century Textiles and IRB Infra and advises buying UPL.
Mitesh Thacker of miteshthacker.com is of the view that one can short Torrent Pharma and buy DLF and IRB Infra.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Larsen and Toubro and IRB Infra and buy PFC.
Ashwani Gujral of ashwanigujral.com recommends buying JSW Steel and ACC and sell HDFC, IRB Infra and UPL.
Credit Suisse maintains neutral rating on Glenmark due to high profit concentration in Mupirocin as upside risk exists from out-licensing opportunity from innovative R&D pipeline. Mupirocin cream accounts for 18 percent of FY18 EPS, as risk of competition is high.
Ashwani Gujral of ashwanigujral.com advises buying Sun TV Network, India Cements and IRB Infrastructure.
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.
Mitesh Thacker of miteshthacker.com advises selling Jet Airways and IRB Infra.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Petronet LNG and IRB Infrastructure.
Chandan Taparia of Anand Rathi Securities is of the view that one may buy Century Textiles, Bharat Forge and IRB Infrastructure Developers.
Sandeep Wagle of powermywealth.com advises buying IRB Infrastructure Developers and Bharat Financial Inclusion
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Marksans Pharma and IRB Infra and sell Hindustan Unilever and Hexaware Technologies.
Ashwani Gujral of ashwanigujral.com recommends buying Aarti Industries, Castrol India and IRB Infra.
Rakesh Bansal of RK Global recommends buying IDBI Bank, IRB Infra, Oil India and Aurobindo Pharma.
Rakesh Bansal of RK Global recommends buying Bombay Dyeing with a target of Rs 65 and NOCIL with a target of Rs 70.