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
Dipan Mehta, Member at BSE & NSE is of the view that Maruti Suzuki and Eicher Motors are the top picks.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Mahindra and Mahindra, Orient Cement, GMDC and Future Lifestyle Fashion.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
Hemant Thukral of Aditya Birla Money recommends buying Mahindra and Mahindra and Godrej Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra, Petronet LNG and Bajaj Finserv.
Prakash Gaba, Technical Analyst at prakashgaba.com likes Hero MotoCorp for target closer to Rs 3120 and likes Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com recommends buying Coromandel International, Delta Corp and Mahindra & Mahindra.
After a long downturn, CLSA expects India's auto demand to gradually recover over the next two years. In FY17, it expects passenger vehicle (PV) industry sales to grow 9 percent YoY, 2-wheelers (2Ws) to grow 11 percent and medium & heavy commercial vehicles (M&HCVs) to grow 25 percent.
Sandeep Wagle of powermywealth.com is of the view that one can buy Rural Electrification Corporation, Mahindra & Mahindra and Motherson Sumi Systems.
Prakash Gaba of prakashgaba.com recommends going long in SpiceJet and Hindustan Zinc and feels that Reliance Industries may test Rs 1020.
Krish Subramanyam of Altamount Capital is of the view that one can buy ICICI Bank 230 Put.
Chandan Taparia of Anand Rathi Securities is of the view that one can pick Mahindra & Mahindra from the auto pack while he advises buying India Cements 100 Call.
Sharmila Joshi of sharmilajoshi.com is of the view that one may buy Mahindra and Mahindra on dips.
Rajat Bose of rajatkbose.com is of the view that one may buy Mahindra and Mahindra on dips.
Ashwani Gujral of ashwanigujral.com feels that Eicher Motors may test Rs 20000-20200.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy KCP and CESC.
Hemant Thukral of Aditya Birla Money feels that Godrej Industries may test Rs 368-370.
According to Ashwani Gujral of ashwanigujral.com, one may buy Mahindra and Mahindra, Indiabulls Housing Finance, Siemens and Dabur India.
Rajat Bose of rajatkbose.com is of the view that one can buy Mahindra & Mahindra and sell ITC.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 spoke on the sales number by auto companies. He said the numbers from Ashok Leyland were disappointing, while that of SML Isuzu were good. He sees more upside for SML Isuzu
Sudarshan Sukhani of s2analytics.com recommends buying DLF and Colgate Palmolive and feels that Axis Bank can head higher.
According to Parag Thakkar of HDFC Securities, Maruti Suzuki and Tata Motors are the top buys.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 talks about stocks like Maruti Suzuki, Mahindra and Mahindra and on what levels they make a good buy.
Rahul Shah, Associate VP, Equity Advisory Group at Motilal Oswal recommends buying Reliance Industries, Mahindra & Mahindra and Vedanta.
Parag Thakkar of HDFC Securities has a bullish stance on Mahindra and Mahindra and Maruti Suzuki.