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
SP Tulsian of sptulsian.com is positive on L&T Finance, IDFC and LIC Housing Finance.
SP Tulsian of sptulsian.com advises holding L&T Finance Holdings. He expects the stock to test Rs 82-84 levels in near term.
Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings with a view of 3-6 months.
Paras Bothra, Ashika Stock Broking advises buying Finolex Industries for a target price of Rs 210 and TVS Motor for a target price of Rs 95.
Top ten stocks on CNBC-TV18‘s radar are Bajaj Auto TCS, DLF, Sterlite Holiday, Thomas Cook, L&T Finance, Aditya Birla Nuvo, United Bank, Dena Bank and Reliance Communications
Larsen and Toubro, Adani Enterprises, Ranbaxy, L&T Finance. NBFCs like IDFC, Power Finance Corporation (PFC). Also REC, UCO Bank ahead of numbers today, Amara Raja, Radico Khaitan after Rakesh Jhunjhunwala bought stake yesterday, KSK Energy Venture and Elpro International.
Shardul Kulkarni of Angel Broking is of the view that one may buy L&T Finance Holdings.
Pankaj Jain of Sunteck Wealthmax advises buying Apollo Hospital for a target price of Rs 907 and Apollo Tyres for a target price of Rs 108.
Rajat Bose of rajatkbose.com suggests buying L&T Finance Holdings above Rs 74 with a stoploss below Rs 69.
Shradul Kulkarni of Angel Broking recommends buying L&T Finance Holdings with a target of Rs 83-84 and a stoploss of Rs 73.
Shardul Kulkarni, Sr.technical analyst at Angel Broking recommends buying L&T Finance Holdings above Rs 76 as the stock may test Rs 83-84.
Sudarshan Sukhani of s2analytics.com recommends buying L&T Finance Holdings.
Ambareesh Baliga of Edelweiss Financial Services is of the view that L&T Finance Holdings may touch Rs 50-52.
Sudarshan Sukhani of s2analytics.com suggests buying L&T Finance Holdings.
According to Nooresh Merani, AVP Technical at AMSEC Research, one may book profits in L&T Finance Holdings at around Rs 72-75.
Rajesh Agarwal, Head of Research at Eastern Financiers Limited, one may keep L&T Finance Holdings in portfolio with a long term view. “The stock may go up to Rs 150-180 in next 3-5 years,†he adds.
Aashish Tater, Head of Research of Fortunewizard.com recommends holding L&T Finance Holdings. "One may buy more at around Rs 45-48," he adds.
According to Rahul Mohindar of viratechindia.com, one may avoid L&T Finance Holdings as the stock might decline 7-8 percent from current levels.
Parag Doctor, Head - Trading Strategies of Keynote Capital's Ltd advises to hold on L&T Finance Holdings.
According to Rajesh Agarwal, Head of Research of Eastern Financiers one can hold L&T Finance Holdings with a target of Rs 95-96 in the next one year.
Sharmila Joshi, head of equity at Peerless Securities advised holding L&T Finance Holdings with two-three years perspective.
Phani Sekhar, fund manager at Angel Broking believes L&T Finance Holdings is a good stock to hold on. He expects at least 50 percent upside over the next 1-1.5 years.
Sudarshan Sukhani of s2analytics.com advises to buy L&T Finance at current levels.
Shardul Kulkarni of Angel Broking is bullish on L&T Finance Holdings. He feels that the stock may touch upside level of Rs 92-95. One can keep a stop loss of Rs 80.25.
Rakesh Gandhi of FRR Shares is bullish on Ranbaxy Laboratories and recommended to buy around Rs 450 with a stop loss of Rs 430 and short-term target of Rs 470.