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
Vishal Malkan of malkansview.com advises buying Divis Labs for a target price of Rs 1,195 and YES Bank for a target price of Rs 415.
Gaurav Ratnaparkhi of Sharekhan suggests buying Godrej Industries with a target of Rs 293 and Jain Irrigation Systems with a target of Rs 73.
Hemen Kapadia of KR Choksey Securities recommends buying Jain Irrigation Systems at around Rs 65 with a target of Rs 77 and stoploss of Rs 65.
SP Tulsian of sptulsian.com recommends going long in Asian Paints with a target of Rs 512 and Century Textiles and Industries with a target of Rs 285.
Salil Sharma, technical analyst at Kapur Sharma & Co recommends buying Jain Irrigation Systems as the stock may test Rs Rs 76 in the very short-term.
Sudarshan Sukhani of s2analytics.com recommends buying Jain Irrigation Systems.
Manoj Murlidharan, head of derivatives at IIFL PReMIA recommends buying Jain Irrigation Systems at Rs 64 with a target of Rs 70.
Lancelot D Cunha of ITI Wealth Management recommends buying Sesa Sterlite with a target of Rs 204.50 and advises selling Jain Irrigation Systems with a target of Rs 61.10.
Vishal Malkan of malkansview.com advises buying Apollo Tyres for a target price of Rs 78 and Divis Labs for a target price of Rs 1125.
Deven Choksey, MD of KR Choksey Shares and Securities is of the view that one can prefer Adani Ports and Special Economic Zone. He advises to add Jain Irrigation Systems and IDFC from the midcap space in the portfolio.
Dharmesh Kant of India Nivesh Securities advises buying Exide Industries with a target price of Rs 140 and United Phosphorous (UPL) with a target price of Rs 175.
According to Lancelot D Cunha of ITI Wealth, one may buy Sintex Industries with a target of Rs 38.85 and Jain Irrigation Systems with a target of Rs 65.
Sharmila Joshi of Fairwealth Securities advises buying NHPC with a target price of Rs 20.50 and YES Bank with a target price of Rs 382.
Gaurav Ratnaparkhi, Sharekhan advises buying Jain Irrigation Systems with a target of Rs 68 and Hindustan Petroleum Corporation (HPCL) with a target of Rs 212.
SP Tulsian of sptulsian.com advises going long on Axis Bank and IDFC.
Deven Choksey, MD at KR Choksey Shares and Securities advises buying KPIT Technologies, Jain Irrigation Systems and LIC Housing Finance. He also advises holding these stocks for at least next two-three years.
Meghana Malkan of malkansview.com recommends buying Canara Bank with a target of Rs 237 and a stoploss at Rs 231 and Gujarat State Petronet (GSPL) with a target of Rs 56 and a stoploss at Rs 52.5.
Sharmila Joshi of Peerless Securities advises buying Ipca Laboratories with a target price of Rs 734 and PVR with a target price of Rs 513.
Pritesh Mehta of IIFL advises buying Jain Irrigation Systems with a target of Rs 65.
Manas Jaiswal, manasjaiswal.com advises buying Jain Irrigation Systems with a target of Rs 65 and Crompton Greaves with a target of Rs 100.
Prakash Diwan of Altamount Capital Management recommends going long on IRB Infrastructure with a target of Rs 69.50 and Jain Irrigation Systems with a target of Rs 51.50.
Sharmila Joshi of Peerless Securities advised selling Aurobindo Pharma August future with a target price of Rs 170 and Apollo Tyres August future with a target price of Rs 61.5.
According to Sudarshan Sukhani of s2analytics.com, one may buy Jain Irrigation Systems as the stock may see some upside.
Rajesh Agarwal of Eastern Financiers advised buying Natco Pharma with a target price of Rs 635 and Dhanlaxmi Bank with a target price of Rs 31.
Shardul Kulkarni of Angel Broking recommends selling Hindalco August Futures below Rs 85 with a stoploss of Rs 87.50 for a target of Rs 80 over the next three-five sessions.