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
Morgan Stanley has downgraded LIC Housing Finance to equal-weight from overweight, citing weak and uncertain revenue outlook driven by unexpected lending rate cuts by banks. It expects near-term pressure on the stock, but on a one-year view, it does not expect downside, as the stock trades at 1.9x FY18 book value.
According to Ashwani Gujral of ashwanigujral.com, one can sell Bank of Baroda and LIC Housing Finance and buy Oberoi Realty, NBCC and Balrampur Chini.
Morgan Stanley has downgraded LIC Housing to equal-weight from overweight with target cut to Rs 560 from Rs 700 per share. It says meaningful cut by banks raised risk of higher prepayments pressure for housing finance companies.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.
Sandeep Wagle of powermywealth.com is of the view that one can buy Tata Motors and Indraprastha Gas and advises selling LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NBFC stocks.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Harendra Kumar of Elara Capital shared his reading and outlook on the market and also gave recommendations on various stocks.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ACC, Ambuja Cements and UltraTech Cement and avoid ITC.
Mitesh Thacker of miteshthacker.com recommends buying Biocon, Godrej Industries, LIC Housing Finance and Indo Count Industries and advises selling Divis Labs.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell NBFC and financial stocks.
Rakesh Bansal of RK Global is of the view that one may buy IOC with a target of Rs 329.
Mitesh Thacker of miteshthacker.com recommends selling LIC Housing Finance, MRF and Apollo Tyres.
Rajat Bose of rajatkbose.com is of the view that one may sell LIC Housing Finance and Arvind.
Mitesh Thacker of miteshthacker.com is of the view that one may go long in Infosys and sell HDFC Bank, LIC Housing Finance, Hindustan Unilever and Century Textiles and Industries.
Mitesh Thacker of miteshthacker.com recommends buying Sonata Software, Tech Mahindra and Jindal Steel & Power and advises selling Britannia Industries and LIC Housing Finance.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell LIC Housing Finance and Century Textiles and Industries and buy Gujarat Heavy Chemicals.
Ashwani Gujral of ashwanigujral.com recommends buying ONGC, Tata Elxsi, LIC Housing Finance, Tech Mahindra and State Bank of India.
Ashwani Gujral of ashwanigujral.com recommends buying Balmer Lawrie, Hindalco Industries, LIC Housing, Century Textiles and Asian Paints.
S Krishna Kumar, CIO - Equity at Sundaram Mutual Fund is of the view that one can add NBFC stocks on weakness.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and LIC Housing Finance and buy UPL.
Shahina Mukadam of Equityrush is of the view that one may buy State Bank of India (SBI) with a target of Rs 268.
Ashwani Gujral of ashwanigujral.com is of the vie wthat one can buy Balkrishna Industries, LIC Housing Finance and Karnataka Bank.
Morgan Stanley has overweight rating on Bharat Financial with target at Rs 1125 per share. It says share price will rise relative to the industry over the next 30 days. Collection efficiency has been progressively improving.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.