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
Ashwani Gujral of ashwanigujral.com recommends buying BHEL and Larsen & Toubro on declines.
Rajat Bose of rajatkbose.com is of the view that Larsen & Toubro may test Rs 1164.
Ashish Kyal of wavesstrategy.com is of the view that one may remain invested in Larsen and Toubro.
Siddarth Bhamre of Angel broking is of the view that one may short Larsen and Toubro and Tata Steel and advises going long in ICICI Bank and Axis Bank.
Pankaj Jain of SW Capital feels that Larsen and Toubro may test Rs 1300.
Aditya Agarwal of Way2Wealth Securities recommends buying HPCL, Idea Cellular and Larsen & Toubro and advises shorting Godrej Industries.
Vijay Chopra of enochventures.com advises exiting Jaiprakash Associates.
Siddarth Bhamre of Angel Broking recommends shorting Larsen and Toubro and IndusInd Bank and advises going long in Kotak Mahindra Bank.
CLSA says that the order would be a "game changer" for a local champion like J Kumarâ€, as it would more than double its order back log
The broking firm highlights the fact that the national Manufacturing Policy of 2011 has not helped arrest the decline in the manufacturing sector‘s share.
According to Macquarie, the growth momentum in the construction equipment segment has momentum has sustained despite withdrawal of discounts and price increases. Also, purchases were being done primarily by first-time buyers.
According to Prakash Gaba of prakashgaba.com, one can buy Ashok Leyland, Larsen & Toubro, Hindustan Unilever and Kotak Mahindra Bank.
Rajat Bose of rajatkbose.com is of the view that one can buy Ashok Leyland and Bharat Forge and feels that Vedanta may test Rs 108.
Ashwani Gujral of ashwanigujral.com recommends buying Ashok Leyland and Aurobindo Pharma.
Ashu Madan of Religare Securities is of the view that one may hold Larsen and Toubro.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Sun Pharmaceutical, Larsen & Toubro (L&T), Infosys and Tata Motors.
Yogesh Mehta of Motilal Oswal Securities recommends selling Larsen & Toubro and Union Bank and advises buying Marico.
Sudarshan Sukhani of s2analytics.com recommends buying BHEL and feels that Larsen & Toubro may head lower.
Vijay Chopra of enochventures.com is of the view that one may exit BHEL and pick L&T.
According to Vijay Chopra of enochventures.com, one may exit ARSS Infrastructure on rallies.
Rakesh Bansal of RK Global recommends buying Asian Paints, Adani Power, ITC, L&T and SKS Microfinance.
Engineering firm Crompton Greaves' decision to sell its lossmaking international transportation & distribution (T&D) business comes a huge positive for its shares, which may now rise about 30 percent from current levels, says Inderjeet Singh Bhatia of Macquarie Research.
VK Sharma of HDFC Securities recommends buying Kotak Mahindra Bank 660 Call and Larsen and Toubro 1220 Call.
Prakash Gaba of prakashgaba.com recommends picking Aurobindo Pharma and Tech Mahindra and feels that Adani Enterprises may test Rs 70.
Simi Bhaumik of simibhaumik.com is of the view that one may buy Larsen and Toubro with a target of Rs 1240.