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
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Jaiprakash Associates.
Shardul Kulkarni of Angel Broking recommends exiting Jaiprakash Associates at around Rs 49.50-50 on the upside.
Ashu Madan of Religare Securities is of the view that one can buy Jaiprakash Associates closer to Rs 41.
Ashish Chaturmohta of Fortune Equity Brokers is of the view that one may buy Jaiprakash Associates around Rs 44-45 and expects the stock to touch Rs 55.
Sudarshan Sukhani of s2analytics.com recommends holding on to Jaiprakash Associates for long term.
Murtuza Arsiwalla of Kotak Institutional Equities is positive on Jaiprakash Associates.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Jaiprakash Associates on dips.
Sahil Kapoor of Edelweiss is of the view that one may sell Jaiprakash Associates around Rs 47-48 as the stock may once again test Rs 39-40.
Pritesh Mehta, Technical Analyst at IIFLrecommends buying Jaiprakash Associates.
Sudarshan Sukhani of s2analytics.com expects more steam in Jaiprakash Associates.
Bhavin Desai of Motilal Oswal Securities recommends buying Jaiprakash Associates' out-the-money calls.
Shardul Kulkarni of Angel Broking recommends exiting Jaiprakash Associates as the stock may head lower to Rs 34 over the next month, month and a half.
Sharmila Joshi of Peerless Securities feels that Jaiprakash Associates can touch Rs 48.
Abhijit Paul, Founder of Alphative Advisors LLP feels that Jaiprakash Associates may touch Rs 42.
Bhavin Desai, Equity Derivatives Analyst of Motilal Oswal recommends buying Jaiprakash Associates 45 Call.
Vikrant Jadeja of Vibrant Trades suggests buying Bata India with a target of Rs 900 and selling Reliance Infrastructure with a target of Rs 370.
According to SP Tulsian of sptulsian.com, there will be a limited downside in Jaiprakash Associates. The stock may move higher on the back of cement plant sales, he adds.
According to SP Tulsian of sptulsian.com, one may have a positive view on the cement space.
Pritesh Mehta of IIFL suggests buying Ambuja Cements with a target of Rs 206 and Tech Mahindra with a target of Rs 1380.
Bhavin Desai of Motilal Oswal recommends buying Jaiprakash Associates September 35 Put.
Ambareesh Baliga of Edelweiss Financial Services feels that Jaiprakash Associates may go closer to Rs 50-55.
According to Hemant Thukral of Aditya Birla Money, one may book profits in Jaiprakash Associates at around Rs 45-46. "One can buyback the share at around Rs 38-39," he adds.
SP Tulsian of sptulsian.com is positive on Jaiprakash Associates. The company has been stuck on its huge debt of about Rs 58,000-60,000 crore, which it will reduce by the process of asset monetisation.
Aditya Agarwal, Way2Wealth Securities suggests buying Union Bank of India with a target of Rs 118-120 and Ipca Laboratories with a target of Rs 680-720.
According to Rahul Mohindar of viratechindia.com, one may sell Reliance Infrastructure with a stoploss at Rs 345.