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
On profitability front, the company’s consolidated operating margins stood 16.2 percent in Q1-FY19 at Rs 45,683 million as against 14.6 percent at Rs 34,693 million in Q1-FY18.
In the current market scenario one should avoid leveraged positions and investors should diversify their portfolios, said Ajay Jaiswal of Stewart & Mackertich Wealth Management
Despite the current correction, the Nifty50 is still up 8.6 percent and the Sensex 11.3 percent year-to-date, which indicated that the market has been managing to climb all wall of worries very easily, experts said.
The company's order inflow is up by 36 percent YoY mainly led by domestic infrastructure projects.
For the week, largecap added 0.9 percent, midcap rose 1.51 percent, while smallcap was ended on flat note.
Experts expect the rally to continue going forward, but volatility may increase as we are moving closer to state and general elections
Rahul Mohindar of viratechindia.com recommends buying Indraprastha Gas with stop loss of Rs 290 and target of Rs 325 and Yes Bank with stop loss at Rs 370 and target of Rs 403.
To ride the momentum which is on an upside, the brokerage house recommends investors to add companies which are exhibiting improvement in earnings and showcasing strong volume growth.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland with a stop loss of Rs 118, target of Rs 126 and can sell HDFC with a stop loss of Rs 1945, target of Rs 1890 and Larsen & Toubro with a stop loss of Rs 1300, target of Rs 1240.
It is time to bid adieu to tactics of the likes of the brilliant T20 blasters Rohit Sharma and Eoin Morgan and welcome and adopt the sagacity of purists like Pujara and Alistair Cook.
The central bank could leave policy rates unchanged but hawkish comments from the governor would be slightly supportive for the currency, says Akash Jain of Ajcon Global Services
The S&P BSE Sensex hit a fresh record high of 37,327 while Nifty50 hit a fresh record high above 11,200 at 11,253 in the morning session.
Going forward, earnings will play a big role in pushing the market to new frontiers but stock specific action will continue.
Rajesh Agarwal of AUM Capital is of the view that one may buy Hindalco Industries with a target Rs 216.
Ashwani Gujral of ashwanigujral.com recommends buying Yes Bank with a stop loss of Rs 387, target of Rs 405, Indraprastha Gas with a stop loss of Rs 268, target of Rs 284 and Reliance Industries with a stop loss of Rs 1090, target of Rs 1140.
We recommend using any intraday bounce to create fresh shorts in the range of Rs 1,288-1,294 for target of Rs 1240, says Jayant Manglik of Religare Broking.
On a year-on-year basis, average AUM increased 19.8 percent (Rs 3.9 trillion) in June 2018
Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a loss of 5.5 points or 0.05 percent. Nifty futures were trading around 10,943- level on the Singaporean Exchange.
We recommend a stock-specific trading approach in such a scenario. Since stocks are trading volatile, keeping positions on both the long and short side are advisable, says Jayant Manglik of Religare Broking.
Centrum Wealth Research said if Indian corporate earnings can experience long term mean-reversion to those levels at 5.30 percent, robust earnings uptick can be expected.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finserv with a stop loss of Rs 6200, target of Rs 6450 and Larsen & Toubro with a stop loss of Rs 1285, target of Rs 1340.
For a correction to occur, experts state that oil prices have to stay above $80 a barrel and dollar has to increase sharply against the rupee
Management is hopeful that it would contain net loss from Hyderabad Metro project in FY19.
Reliance Securities’ Rajeev Srivastava advises investors to invest in quality stocks, which are less vulnerable to macro concerns and have healthy cash flow visibility
The ADX line is tilting downward from 40 levels. A positive divergence also formed on stochastic. All these technical parameters are suggesting some fresh up move from the current level, says Shabbir Kayyumi of Narnolia Financial Advisors.