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
Joseph Thomas, Head Research - Emkay Wealth Management, also told Moneycontrol that after the recent fall in the market, the midcaps and smallcaps are a good option.
We expect 28 percent PAT CAGR over FY19-21, partly hit by higher depreciation and interest costs and raise our rating to a Buy, with a higher target of Rs 1,204, implying PE of 17.5x and EV of USD 109/tonne.
We expect 28 percent PAT CAGR over FY19-21, partly hit by higher depreciation and interest costs.
Resistance is seen at 11,500 levels above which momentum is expected to gain.
Based on price trends as per channel check, Kotak estimates Q3FY19 realisations for cement companies to fall by 1-3 percent QoQ.
Reliance Securities has maintained its positive stance on UltraTech Cement and Shree Cement in the largecap space
Analysts feel India, which imports more than 80 percent of its oil requirements, can manage to absorb up to $80 per barrel but beyond that it could be a major risk.
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top. In this CNBC-TV18 special show '18 for 18', SP Tulsian of sptulsian.com gave top stock ideas for 2018.
What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
The most recent October rally (9,687 to 10,490 = 803 points) was larger in magnitude compared to last rising segment of July-August 2017, measuring 689 points.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IndusInd Bank, JK Cement and Bharat Financial Inclusion.
Most analysts expect crude oil prices to remain rangebound with upside capped at around USD 55 barrel and unlikely to fall below USD 40 to conclude that it is in a bear territory.
Sudarshan Sukhani of s2analytics.com suggests buying Hexaware Tech, Godrej Consumer Products and India Cements.
Ashwani Gujral of ashwanigujral.com suggests selling Yes Bank on rallies while he feels that JK Cement may head towards Rs 1350.
Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.
In an interview to CNBC-TV18 Rajesh Kothari of AlfAccurate Advisors shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com feels that Shree Cements may touch Rs 20000.
Pankaj Pandey, Head-Research at ICICIdirect prefers JK Cement from the cement space with a target of Rs 855 and expects topline growth to be 12.5 percent.
Sudarshan Sukhani of s2analytics.com is of the view that one may prefer ACC, JK Cement and JK Lakshmi Cement from the cement space and buy DHFL.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, UltraTech Cement, JK Lakshmi Cement and JK Cement.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, State Bank of India and Axis Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, J K Cement and JK Lakshmi Cement.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy JK Lakshmi Cement and JK Cement.