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
According to Vijay Chopra of enochventures.com, one may stay invested in ITC.
Prakash Gaba of prakashgaba.com is of the view that one may hold ITC.
According to Shahina Mukadam, Independent Market Expert, one may remain invested in ITC for long term.
Ashwani Gujral of ashwanigujral.com recommends buying Power Finance Corporation, Muthoot Finance and Aurobindo Pharma.
Gautam Chhaochharia, Head-India Research at UBS is neutral on consumer staples and discretionary space.
Sudip Bandopadhyay, Market Expert is of the view that one can buy ITC with a view of six months.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finance, Hindustan Unilever and ITC.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank, M&M Financial Services and ITC and sell HCL Tech.
Rajat Bose of rajatkbose.com is of the view that ITC is a strong buy and feels that beyond Rs 380, the stock may test Rs 394-401.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ITC, Dr Reddy's Laboratories.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Mahindra and Mahindra, Orient Cement, GMDC and Future Lifestyle Fashion.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he has a positive stance on all pharma stocks for this coming month.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy India Cements, Ajanta Pharma and ITC.
Avinash Gorakshakar, Market Expert is of the view that one may stay invested in ITC.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
I won‘t be surprised to see pharma as the story for July series and won‘t be surprised in seeing a big upsurge in all big pharma, said SP Tulsian.
As per Credit Suisse estimates ITC's volume decline was 7 percent in FY16 which implies average price growth of 14 percent (year-on-year) in the fiscal.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks and sectors.
Nomura also expects that ITC's pricing strategy may boost volumes in FY17. It says that ITC has only increased prices by 13 percent at the premium end of its portfolio translating into a weighted average price hike of 7.6 percent the lowest in four years due to excise duty hikes.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Consultancy Services, Indiabulls Real Estate and ITC.
Rajat Bose of rajatkbose.com is of the view that one can buy ITC and sell Tata Steel.
Prakash Gaba of prakashgaba.com is of the view that ITC may test Rs 366 while Maruti Suzuki may hit Rs 4300 and Kotak Mahindra Bank Rs 780.
Prakash Gaba of prakashgaba.com likes Mcleod Russel and feels that YES Bank may hit Rs 1083 while Tata Steel may test Rs 316.
Prakash Gaba of prakashgaba.com recommends buying Reliance Industries and feels that ITC may test Rs 340.
Ashwani Gujral of ashwanigujral.com recommends selling ITC and Indiabulls Housing Finance and advises buying ONGC.