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
Ashish Kyal of Waves Strategy Advisors advises buying Pricol with a target of Rs 132.
The brokerage house believes a successful listing (which is likely by end of 2016) would obviate concerns regarding equity dilution in the medium term, deleveraging the balance sheet significantly and also leading to better value discovery.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shares his view on auto stocks, what concerns him about Gujarat Flouro's business and whether Yes Bank will have to revise its QIP pricing to attract more investors and make it a success.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IRB Infra, Deepak Fertilizers and TVS Motor Company.
Mitesh Thacker of miteshthacker.com recommends buying Mahindra & Mahindra Financial Servies and IRB Infra.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sector.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Container Corporation of India and buy IRB Infra.
Rakesh Bansal of RK Global suggests buying Indiabulls Housing Finance with a target of Rs 835.
Mitesh Thacker of miteshthacker.com is of the view that one can buy IRB Infrastructure Developers and Reliance Capital.
Ruchit Jain of Angel Broking advises buying Ipca Laboratories with a target of Rs 560.
CLSA upgrades it to buy from outperform but lowered earnings forecasts by 3-5 percent to factor in higher credit costs. It has increased target to Rs 175 from Rs 170 per share. It says valuations are attractive and it is a better franchise than most PSU banks.
Vijay Chopra of enochventures.com advises exiting IRB Infrastructure Developers on any rally.
According to Sudarshan Sukhani of s2analytics.com, one can buy Oil and Natural Gas Corporation and sell IRB Infrastructure Developers.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints and JSW Steel and sell IRB Infra.
Kunal Bothra of LKP Securities recommends buying IRB Infra, Bharat Heavy Electricals and Capital First.
Shahina Mukadam, Independent Market Expert advises buying Nalco with a target of Rs 46.5.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Britannia Industries and IRB Infrastructure Developers.
Gaurang Shah of Geojit BNP Paribas is of the view that one may look at IRB Infrastructure Developers on dips.
Jay Thakkar of Sharekhan suggests buying Nalco with a target of Rs 45.10.
Jay Thakkar of Sharekhan is of the view that one may buy Corporation Bank with a target of Rs 37.15.
Ruchit Jain of Angel Broking advises buying IRB Infra with a target of Rs 230.
Gaurav Bissa of LKP Securities is of the view that one can buy IRB Infra 250 Call and Voltas 340 Call.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Amara Raja Batteries and feels that United Spirits may head higher.
Gaurav Ratnaparkhi of Sharekhan advises buying IRB Infrastructure with a target of Rs 228.
Sameet Chavan of Angel Broking recommends buying Hindustan Unilever with a target of Rs 870 and advises selling Ashok Leyland with a target of Rs 98.