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
The council, which met in the national capital, approved the state GST (SGST) and the union territory GST (UTGST) bills. The bills will now have to be cleared by Parliament and state assemblies.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
Bank of America Merrill Lynch has reiterated a buy call on HCL Technologies with an upward revision in target price to Rs 990 from Rs 935 a share.
CLSA says HDFC remains its top pick in financials segment as the expansion of subsidy scheme by government is positive for housing finance companies.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Britannia Industries and sell Petronet LNG and ITC.
Aurobindo Pharma, the seventh largest generics manufacturer in the US by volume, is transforming from a simple generics player to one with a portfolio of more complex generics, Goldman Sachs says.
Sudarshan Sukhani of s2analytics.com advises buying Adani Power.
According to Ashwani Gujral of ashwanigujral.com, one can buy Vedanta, ITC and Kolte-Patil Developers.
Gaurav Bissa of LKP Securities suggests buying India Cements, Voltas and Dish TV and advises selling ITC.
Ashwani Gujral of ashwanigujral.com prefers State Bank of India over Bank of Baroda and advises shorting ITC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hexaware Technologies and Godrej Consumer Products and sell Engineers India and Tata Steel.
SP Tulsian of sptulsian.com, who has consistently maintained a negative stance on PSU banks due to their past performance, has now after their earnings reports, become more bullish on these stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bharti Airtel, Century Textiles and Industries and ITC while one can sell Dabur India.
Rahul Mohindar of viratechindia.com suggests buying Kotak Mahindra Bank and ITC.
Amisha Vora, Joint Managing Director at Prabhudas Lilladher recommends staying with ITC.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Edelweiss also maintains buy rating on L&T with target increased to Rs 1802 from Rs 1650 per share.
Prakash Diwan of prakashdiwan.in is of the view that one may buy ITC on dips.
According to Prakash Gaba of prakashgaba.com, one may stay invested in ITC.
Avinash Gorakshakar, Market Expert is of the view that one may hold ITC with long term view.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy VIP Industries, Bank of Baroda and Rural Electrification Corporation.
Deutsche Bank believes price hike poses risk to short-term value growth trajectory for ITC‘s cigarettes. Earlier in 2014/15 when price-point of Gold Flake Kings (premium cigarettes of 84mm length) reached and crossed Rs 10 per stick it did result in a volume deceleration and decline.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF and UPL and sell BEML.
Bank of America Merrill Lynch maintains buy rating on RIL with target price at Rs 1200 per share. It says with capex slowing, cash generation from new projects, the company should be free cash flow positive in FY19.