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
PE multiple is widely used as a valuation tool that helps in screening a stock on a relative basis.
For the week, Nifty 50 index ended down 372.1 points at 11,143.1 (3.23 percent), while Sensex shed 1,249.04 points closed at 36,841.6 points (3.27 percent).
If you look at a 3-6 months period, stocks will still look at prices way lower than earlier, said Pritam Deuskar, Fund Manager, Bonanza Portfolio
The BSE Midcap index has plunged a little over 11 percent and the BSE Smallcap index dropped nearly 14 percent in 2018. The carnage was similar on the NSE as well.
Prakash Gaba of prakashgaba.com is of the view that one can buy GMDC and Kwality.
Ashwani Gujral of ashwanigujral.com recommends buying Raymond, Kwality, GMDC, Bajaj Finance, Idea Cellular and Bombay Burmah.
Moneycontrol analyzed the fundamental parameters of some of India’s most renowned dairy companies over a five-year period to determine the best performers across a series of financial variables.
In an interview to CNBC-TV18's Anuj Singhal and Ekta Batra, SP Tulsian of sptulsian.com shared his views and outlook on the fundamentals of the market and specific stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Havells India and Kwality and buy Hindustan Unilever and Biocon while can hold Indo Count Industries.
Mehraboon Irani of Nirmal Bang Securities has a positive view on HDFC Bank and IndusInd Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer ICICI Bank.
Prakash Gaba of prakashgaba.com is of the view that short term investors may exit Kwality.
According to Rajat Bose of rajatkbose.com, one can buy Kwality and JSW Steel.
Avinash Gorakshakar, Market Expert is of the view that one may buy Heritage Foods on dips.
Sameet Chavan of Angel Broking is of the view that one may buy Engineers India with a target of Rs 256.
Vijay Chopra of enochventures.com is of the view that one may buy Chenai Petro with a target of Rs 230.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and shared his views on the IT raid at Indiabulls Housing.
In an interview to CNBC-TV18's Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Prakash Gaba of prakashgaba.com is of the view that short term investor can exit Kwality.
AK Prabhakar of IDBI Capital is of the view that one may hold Kwality with a target of Rs 135.
Vijay Chopra of enochventures.com advises selling Kwality.
In an interview with CNBC-TV18, market expert SP Tulsian talked on Parag Milk's listing on the bourse and gave his stock picks for the day.
Prakash Diwan, Director of Altamount Capital Management recommends buying M&M and feels that Reliance Industries may test Rs 1080.
Amit Harchekar of A Plus Analytics is of the view that Kwality may test Rs 115.
Prakash Diwan of Altamount Capital Management is of the view that one may look at Kwality.