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
Deutsche Bank maintains hold on L&T with a target price of Rs 1325 per share.
In an interview to CNBC-TV18's Ekta Batra and Prashant Nair, Sachin Shah of Emkay Investment Managers shares his readings and outlook on the fundamental side of the market, specific stocks and sectors.
According to Sudarshan Sukhani of s2analytics.com, Larsen & Toubro can be an outperformer and advises buying NTPC.
Credit Suisse has an outperform rating on L&T with a target price at Rs 1825 per share on reasonable valuations.
Prakash Diwan of prakashdiwan.in is of the view that one can short Larsen & Toubro.
Rahul Shah of Motilal Oswal recommends buying ICICI Bank 270 Call and Biocon 700 Put.
Sandeep Wagle, Founder & CEO of powermywealth.com recommends buying Larsen & Toubro, Bajaj Auto, LIC Housing Finance, Maruti Suzuki and Reliance Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Heavy Electricals after a correction.
Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money is of the view that one can buy Bharti Airtel and Larsen & Toubro.
According to Sudarshan Sukhani of s2analytics.com, one can buy Asian Paints, Larsen and Toubro, Lupin and Zee Entertainment.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bharat Heavy Electricals and Larsen & Toubro and YES Bank.
Citi has initiated coverage with a buy rating and target of Rs 300 per share. It says that the company has large market opportunities with a special nomination status for government orders and well placed for large order flows in future.
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.
Deven Choksey of KRChoksey Invst Managers recommends staying invested in Larsen and Toubro and feels that L&T Infotech deserves to be considered for investment.
In an interview with CNBC-TV18, market expert, SP Tulsian gave his stock picks and told why he is bullish on pharma stocks for the month of July.
Sudarshan Sukhani of s2analytics.com recommends buying Bharti Airtel, Coal India and Larsen & Toubro.
Sandeep Wagle of powermywealth.com is of the view that one can buy Ceat, Shriram Transport Finance Corporation and Larsen & Toubro.
Prakash Gaba, Technical Analyst at prakashgaba.com recommends buying Sintex Industries for target of Rs 91 and likes Oil India.
According to Sandeep Wagle of powermywealth.com, one can buy Larsen & Toubro, Mcleod Russel and Bank of India.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hindustan Unilever, Larsen & Toubro and Petronet LNG.
Sale of insurance business and certain ports will add to L&T's operating margin, says Goldman Sachs in a report. However, leveraged infrastructure and real estate companies and delay in orders could play spoilsport, says Goldman Sachs.
Avinash Gorakshakar, Market Expert is of the view that one may prefer Arvind and Larsen & Toubro.
According to Rahul Shah of Motilal Oswal, one can buy SKS Microfinance and Indian Oil Corporation and short Larsen & Toubro.
Prakash Gaba of prakashgaba.com feels that L&T may test Rs 1767.
Rajesh Agarwal of Aum Capital is of the view that one may prefer Larsen and Toubro.